NOTABLE CASES
Equifax Agrees to High Profile Shareholder Settlement for $149 Million
February 17, 2020
CASE SUMMARY
The Complaint alleges that throughout the class period, the defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company failed to maintain adequate measures to protect its data systems; (2) the Company failed to maintain adequate monitoring systems to detect security breaches; (3) the Company failed to maintain proper security systems, controls and monitoring systems in place; and (4) as a result of the foregoing, Equifax’s financial statements were materially false and misleading at all relevant times.
CLASS DEFINITION
On behalf of all persons or entities who purchased or otherwise acquired the publicly traded shares of Equifax Inc. (“Equifax” or the “Company”) common stock during the Class Period.