13 Sep Lawsuits vs Equifax Continue to Mount
Reports have revealed that at present, around 30 lawsuits have already been filed against credit reporting company Equifax after it suffered a data security breach that compromised the personal information of 143 million Americans.
It is likely that similar claims may be combined into one nationwide case. Court records have also shown that at least one of the lawsuits is accusing Equifax of securities fraud which alleges that the company misinformed shareholders about its capacity to protect consumer data, and that it had inflated share price before disclosing the truth.
Source: Reuters
