NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Northern District of Georgia on behalf of all persons or entities who purchased or otherwise acquired Equifax, Inc. (NYSE:EFX) securities between February 25, 2016 and September 7, 2017 (the “Class Period”). Investors have until November 13, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
On September 7, 2017, after market close, Equifax announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. According to an Equifax press release, criminals exploited a U.S. website application vulnerability to gain access to certain files, and, based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017. Equifax further announced that they had discovered the unauthorized access on July 29, 2017.
According to documents filed with the Securities and Exchange Commission, on August 1, 2017 and August 2, 2017, prior to the disclosure of this information, three Equifax executives, John Gamble, Rodolfo Ploder, and Joseph Laughran, sold almost $2 million worth of stock combined.
Following this news, shares of Equifax fell $19.49 per share, or 13.66%, to close at $123.23 per share on September 8, 2017.
If you purchased or otherwise acquired Equifax securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the Equifax, Inc. lawsuit, please go to http://www.bespc.com/equifax. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.