Former Equifax Exec Hit With Insider Trading Charge - NBC Bay Area
National & International News
The day’s top national and international news

Former Equifax Exec Hit With Insider Trading Charge

Equifax shares plunged in value after the Atlanta-based credit reporting company disclosed a massive data breach on Sept. 7

    processing...

    NEWSLETTERS

    How to Protect Yourself From Hackers

    Thursday's news that Yahoo suffered a hack of 500 million of its user accounts may have many people taking a new look at how to keep their own email accounts and personal information secure. One easy way to protect yourself from hackers is by regularly updating your software. "Hackers are always finding new vulnerabilities to exploit," said Consumer Reports Editor Jerry Beilinson. (Published Friday, Sept. 23, 2016)

    A former Equifax executive who sold stock for nearly $1 million before the company's massive data breach was publicly announced faces insider trading charges.

    Federal prosecutors announced Wednesday that a grand jury indicted Jun Ying, the former chief information officer of Equifax's U.S. Information Solutions.

    They say Ying exercised all his available stock options and sold his Equifax stock after he received information in late August that caused him to realize Equifax was the victim of a breach.

    Equifax shares plunged in value after the Atlanta-based credit reporting company disclosed the breach on Sept. 7. The company ultimately revealed that the personal information of nearly 150 million Americans was exposed.

    Weinstein Surrenders to Police in Historic #MeToo Moment

    [NATL] Harvey Weinstein Turns Himself In to Police in Historic #MeToo Moment

    Disgraced movie mogul Harvey Weinstein surrendered to police in a watershed moment for the #MeToo movement early Friday morning. Weinstein stands accused of multiple sex-related harassment charges in New York - accusations that kickstarted a movement to oust high profile abusers within other public-facing industries. 

    (Published 43 minutes ago)

    It wasn't immediately clear whether Ying had an attorney who could comment.