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Stock impact report

Equifax: The Other Shoe Has Dropped [Seeking Alpha]

Equifax, Inc. (EFX) 
Last equifax, inc. earnings: 4/20 05:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.equifax.com
Company Research Source: Seeking Alpha
Equifax: The Other Shoe Has DroppedSummaryAll too often companies that mishandle bad news experience an escalation of problems. Equifax is the latest corporate disaster of this genre as the other shoe(s) has now dropped.Today, 9/18/17 at 10:30 AM, Bloomberg reported that the U.S. DOJ opened a criminal investigation into three Equifax executives for insider trading violations.Now we have also learned after hours on Monday 9/18/17 that Equifax security was actually breached nearly five months earlier than the July breach that was not reported until 9/7/17.The latest revelation is another bombshell that worsens the position of the corporation's executives in the DOJ's criminal investigation. And it nearly devastates any remaining credibility of this financial and personal data security company.There is a limit to the patience and understanding of regulators, shareholders, customers, and the public. This latest revelation by Equifax may exhaust all patience, if any remained. Show less Read more
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