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Equifax Inc.

Case Summary

Equifax Inc. Securities Litigation

Case Summary

Case Status:    ONGOING    
On or around 07/30/2019 (Date of last review)

Filing Date: September 08, 2017

According to the law firm press release, the lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company failed to maintain adequate measures to protect its data systems; (2) the Company failed to maintain adequate monitoring systems to detect security breaches; (3) the Company failed to maintain proper security systems, controls and monitoring systems in place; and (4) as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.

On January 10, 2018, the Court issued an Order Consolidating Cases. The Consolidated Cases shall be identified as: "in re Equifax Inc. Securities Litigation."

On February 21, 2018, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed a consolidated Complaint on April 23. Defendants filed a Motion to Dismiss the consolidated Complaint on June 7. On January 28, 2019, the Court issued an Order granting in part and denying in part Defendants' Motion to Dismiss.

Company & Securities Information

Defendant: Equifax Inc.

COMPANY INFORMATION:

Sector: Financial
Industry: Consumer Financial Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: EFX
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.

First Identified Complaint

Hampden Kuhns, et al. v. Equifax Inc., et al.

COURT: N.D. Georgia
DOCKET #: 17-CV-03463
JUDGE: Hon. William S. Duffey, Jr
DATE FILED: 09/08/2017
CLASS PERIOD START: 02/25/2016
CLASS PERIOD END: 09/07/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Law Offices of David A. Bain, LLC
  2. Levi & Korsinsky, LLP
First Identified Complaint (FIC) Filings:
No Document Title Filing Date
1 Class Action Complaint for Violation of the Federal Securities Laws 09/08/2017
2 Order Addressing Consolidation and Certain Early Scheduling Matters 01/10/2018
3 U.S. District Court Civil Docket 02/21/2018
4 Order Appointing Lead Plaintiff, Approving Selection of Lead Counsel, and Addressing Case Management 02/21/2018

Reference Complaint

In re Equifax Inc. Securities Litigation

COURT: N.D. Georgia
DOCKET #: 17-CV-03463
JUDGE: Hon. William S. Duffey, Jr
DATE FILED: 04/23/2018
CLASS PERIOD START: 02/25/2016
CLASS PERIOD END: 09/15/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Bernstein Litowitz Berger & Grossmann LLP (New New York)
    1251 Avenue of the Americas, Bernstein Litowitz Berger & Grossmann LLP (New New York), NY 10020
    (212) 554-1400 (212) 554-1448 ·
  2. Bondurant Mixson & Elmore, LLP
    1201 West Peachtree Street, N.W. 3900 One Atlantic Center , Bondurant Mixson & Elmore, LLP , GA 30309
    404-881-4147 ·
Reference Complaint (REF) Filings:
No Document Title Filing Date
1 Consolidated Class Action Complaint for Violations of the Federal Securities Laws 04/23/2018
2 Opinion and Order 01/28/2019
3 Order 07/29/2019
4 U.S. District Court Civil Docket 07/30/2019

Related District Court Filings

—Related District Court Filings Data is not available
 
 

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