Equifax Data Breach Revelation Spawns Lawsuits
Instead of notifying more than 143 million people of a breathtaking data breach that potentially compromised personal and financial information in their credit files, Equifax executives were selling their stock, one of two federal class action lawsuits filed Thursday against the company claims.
September 08, 2017 at 04:58 PM
15 minute read
Instead of notifying more than 143 million people of a breathtaking data breach that potentially compromised personal and financial information in their credit files, Equifax executives were selling their stock, a federal class action lawsuit claims.
On Thursday, soon after Equifax executives began going public about a massive hack of their credit files, former Georgia Gov. Roy Barnes filed the class action suit in federal court in Atlanta on behalf of all consumers whose data was compromised.
The suit accuses the Atlanta-based credit bureau of “gargantuan failures” in securing and safeguarding consumer information and compounding the resulting problems by failing to provide timely, accurate and adequate notice about the breach, which Equifax acknowledges occurred between mid-May and July.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Second Circuit Ruling Expands VPPA Scope: What Organizations Need to Know
6 minute read
Expert: Georgia Tech Faces Uphill Battle in Suit Over Cybersecurity Failures
Delta Facing Class Action Lawsuit Over Tech Outage; Customers Seeking Refunds
3 minute read
Milberg Files Data Breach Suits Against North Carolina-Based Truist Bank
Trending Stories
- 1New York Judge Steps Down After Conviction for Intoxicated Driving
- 2Keys to Maximizing Efficiency (and Vibes) When Navigating International Trade Compliance Crosschecks
- 3Houston Law Firm Files $250K Breach of Contract Suit Against 2 Former Lawyers
- 4The Week in Data Feb. 3: A Look at Legal Industry Trends by the Numbers
- 5Mass Tort Cases: Challenges for Plaintiff’s and Defense Counsel
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
