US Initiates Criminal Probe Into Equifax
Is its credit still good? Earlier this month, Equifax disclosed a massive hack that compromised 143 million Americans’ personal information — and now the Department of Justice has launched a criminal investigation into the breach. The credit-reporting agency could also face an insider trading probe: Three top executives sold $1.8 million in shares shortly before the hack was disclosed, but claimed they had no knowledge of the incident — though it was later revealed that a similar breach had occurred in March. Equifax shares have tumbled 35 percent since early September.