LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of investors who purchased Equifax Inc. (“Equifax” or the “Company”) (NYSE: EFX) securities between February 25, 2016 and September 7, 2017, inclusive (the “Class Period”). Equifax investors have until November 13, 2017 to file a lead plaintiff motion. To obtain information or participate in the class action, please visit the Equifax page on our website at www.glancylaw.com/case/equifax-inc.
Investors suffering losses on their Equifax investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to firstname.lastname@example.org.
On September 7, 2017, Equifax disclosed that the Company’s systems were hacked in a cybersecurity incident that may have affected about 143 million U.S. consumers. According to the Company, hackers accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers as well as credit card numbers for about 209,000 consumers.
On this news, the Company’s stock price fell $19.49 per share, or 16%, to close at $123.23 per share on September 8, 2017, thereby injuring investors.
The complaint filed in this class action alleges that throughout the class period the Company issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company failed to maintain adequate measures to protect its data systems; (2) the Company failed to maintain adequate monitoring systems to detect security breaches; (3) the Company failed to maintain proper security systems, controls and monitoring systems in place; and (4) as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.
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If you purchased shares of Equifax during the Class Period you may move the Court no later than November 13, 2017 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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