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Browse: Home / 2017 / September / 13 / Equifax Data Breach Litigation Now Includes Securities Suit | The D&O Diary

Equifax Data Breach Litigation Now Includes Securities Suit | The D&O Diary

By Securities Docket on September 13, 2017, 7:44 am

In the wake of credit monitoring and reporting firm Equifax’s announcement last week that it had sustained a data breach involving 143 million U.S. customers, a wave of consumer class action lawsuits has followed. In addition, the litigation wave now also includes at least one securities class action lawsuit; more securities suits are likely to follow. Although data breach-related D&O claims have not fared particularly well in the past, there are features of the Equifax situation that may put the securities suits against Equifax in a different category. An even more interesting question is the extent to which the new lawsuit portends further data breach-related securities litigation going forward.

via Equifax Data Breach Litigation Now Includes Securities Suit | The D&O Diary

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Posted in Class Actions, Top | Tagged Data breaches, Equifax

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