In another entry for the ‘what were they thinking’ file, a second former Equifax executive has been charged with insider trading in advance of the company’s massive data breach announcement last September.
Tag Archives: insider trading
Trial of two men accused of $20m hacked press release fraud begins
This is reportedly the first time criminal charges have been brought for a securities fraud scheme involving hacked inside information.
32 hackers and traders charged with $100m in “insider trading” using stolen press releases
According to the charges, even a document stolen just 36 minutes before its official release was enough to make $500k in “insider trades.”