Insider trading data breach
30 Jun 2019 Ying's insider trading happened 10 days before Equifax publicly announced its breach. Ying, 44, is the second Equifax employee convicted of insider trading related to the data breach. Sudhakar Reddy Bonthu, a former Equifax 18 Oct 2018 A former Equifax manager was sentenced Tuesday to serve eight months home confinement for engaging in insider trading in the wake of the company's massive data breach last year. Sudhakar Reddy Bonthu, who worked 28 Jun 2019 A former Equifax executive who sold stock a week and a half before the company announced a massive data breach was sentenced Thursday to serve four months in federal prison for insider trading. 14 Mar 2018 Former chief information officer Jun Ying sold nearly $1m in shares having allegedly learned of breach days before it was made public. 3 Jul 2019 Data stolen included names, addresses, social security numbers, and dates of birth. guilty of insider trading relating to the data breach, following Sudhakar Reddy Bonthu, a former manager at Equifax, who pleaded guilty on
Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, nonpublic information about the security. Insider trading violations may also
7 Mar 2019 A former Equifax executive pleaded guilty Thursday to securities fraud after federal prosecutors said he engaged in insider trading of company stock ahead of Equifax's public announcement of a massive 2017 data breach. When a corporate insider buys or sells his company's security this trading activity must be reported to the SEC, which then discloses this information to the public . Even though the trading is disclosed, Corporate Insiders can only trade their 5 Feb 2019 If you possess insider information on one security and trade a completely different one, there is no crime. "[I]n breach of a duty of trust or confidence that is owed directly, indirectly, or derivatively, to the issuer of that security 14 Mar 2018 Equifax executive hit with insider trading charge for selling stock before data breach went public. He made almost $1 million selling stock before news of the breach came out. Image: Equifax. The Equifax building in Atlanta on 28 Jun 2018 Credit agency promises eight US states it will boost cyber security measures, escapes fine A former Equifax software engineering manager was today charged with insider trading – and has promised to pay back his alleged 17 Jul 2018 Two Recent Cases Highlight the Insider Trading Risks Associated with Cyber Breaches unnamed Equifax client design a program that would allow the client's customers to know if they had been affected by a data breach.
28 Jun 2019 A former Equifax executive who sold stock a week and a half before the company announced a massive data breach was sentenced Thursday to serve four months in federal prison for insider trading.
15 Mar 2018 In the first criminal charges brought in connection with the Equifax data breach, the United States Attorney for the of a U.S. business division of Equifax, on charges of insider trading in violation of federal securities laws. 14 Mar 2018 Insider trading charges were announced Wednesday against a former Equifax executive who sold his shares for nearly $1 million before the company's massive data breach was revealed to the public. A former Equifax executive has been charged with insider trading for selling shares before the company's massive data breach was announced. Joe Ciolli. Mar 15, 2018, 1:43 AM. facebook · twitter · reddit · linkedin · WhatsApp/span>. iStock.
30 Jun 2019 Ying's insider trading happened 10 days before Equifax publicly announced its breach. Ying, 44, is the second Equifax employee convicted of insider trading related to the data breach. Sudhakar Reddy Bonthu, a former Equifax
4 Sep 2018 This result is in line with previous studies that have examined breach announcement returns. Second, we collect all insider trade data for the affected firms, from the traders' Form 4 filings. Separating informative from non- 7 Mar 2019 ATLANTA – A former Equifax executive who sold stock for nearly $1 million a week and a half before the company announced a massive data breach has pleaded guilty to insider trading. Jun Ying, former chief information 28 Jun 2018 The SEC accused a former Equifax employee of trading on confidential information in advance of the company's 2017 data breach that impacted 148 million people.
5 Feb 2019 If you possess insider information on one security and trade a completely different one, there is no crime. "[I]n breach of a duty of trust or confidence that is owed directly, indirectly, or derivatively, to the issuer of that security
4 Sep 2018 This result is in line with previous studies that have examined breach announcement returns. Second, we collect all insider trade data for the affected firms, from the traders' Form 4 filings. Separating informative from non- 7 Mar 2019 ATLANTA – A former Equifax executive who sold stock for nearly $1 million a week and a half before the company announced a massive data breach has pleaded guilty to insider trading. Jun Ying, former chief information 28 Jun 2018 The SEC accused a former Equifax employee of trading on confidential information in advance of the company's 2017 data breach that impacted 148 million people. 3 Jul 2019 Jun Ying, former CIO of Equifax US Information Solutions, has received a four- month jail term for insider trading following a data security breach. 28 Jun 2018 The Securities and Exchange Commission today charged a former Equifax manager with insider trading in advance of the company's September 2017 announcement of a massive data breach that exposed Social Security
28 Jun 2018 Equifax headquarters is pictured. | AP Photo. In March, the DOJ and SEC charged the former chief information officer of Equifax's U.S. unit with insider trading for allegedly selling stock before the data breach was revealed. Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, nonpublic information about the security. Insider trading violations may also 28 Jun 2018 A former manager at Equifax has been charged with insider trading by the SEC related to the credit-reporting company's data breach last year. 23 Jul 2018 25, 2017, Bonthu, who belonged to an Equifax unit that developed security products for clients, was assigned with other employees to help respond to the breach, though he was not told Equifax itself was breached. According to