Sen. Brown wants Equifax execs who sold stock held accountable

Ohio Senator Sherrod Brown is part of a group now asking for a criminal investigation into the situation

Equifax

COLUMBUS (WKBN) – The Equifax data breach has put nearly half of the U.S. population’s personal information at risk. Now a local lawmaker says company executives need to be held responsible.

The breach happened six weeks ago but Equifax didn’t announce it until last week.

Protecting yourself from Equifax data breach: What you need to know

Executives sold company stock before the breach was made public. The stock tanked after the news.

Ohio Senator Sherrod Brown is part of a group now asking for a criminal investigation into the situation.

“This company doesn’t mind dinging a student from Austintown or a homeowner in Poland, doesn’t mind dinging them on their credit rating if they miss one month’s payment,” he said. “These executives should be held accountable in a big way for what they’ve inflicted on the American public.”

Equifax said the executives didn’t know about the data breach when they sold their shares. They made almost $2 million on the sale.

.

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s