Equifax Distances Itself From Ex-Employee Under Investigation

Equifax distanced itself from a former employee DOJ alleged conducted illegal trading. Acting CEO Paulino Do Rego Barros said Wednesday that after learning about Jun Ying’s August sale of Equifax shares, the company reviewed his trading activity and concluded he “violated our company’s trading policies, separated him from the company and reported our findings to government authorities. We are fully cooperating with the DOJ and the SEC, and will continue to.”