Equifax, continued

“Equifax Clears Four Executives,” The Wall Street Journal, November 4, 2017 B8.  Apparently, the senior execs didn’t know about the hack of 145.4 million accounts that was allegedly discovered only three days before they sold stock.

How do you prove what you didn’t know?  How does the lawyer approving the sales know what they knew?  Someone in the company knew about the hack.  Doesn’t that knowledge get imputed to all the senior execs?

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Filed under Access, Compliance, Controls, Corporation, Duty, Employees, Governance, Internal controls, Lawyers

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