Equifax exec charged with insider trading, selling shares ahead of hack news – TechCrunch

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Former Equifax exec Jun Ying has been charged with insider trading, according to the Securities and Exchange Commission. Ying is accused of knowing that Equifax had been hacked and selling company shares before the public was notified.

Ying, who was “next in line to the be company’s global CIO, allegedly used confidential information entrusted to him by the company to conclude that Equifax had suffered a serious breach,” says the SEC release. He sold $1 million…

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