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Equifax Data Breach Litigation Includes a Securities Suit

In the wake of credit monitoring and reporting firm Equifax’s recent announcement that it had sustained a data breach involving 143 million U.S. customers, a wave of consumer class action lawsuits have followed. To date, the litigation wave has included at least one securities class action lawsuit; with more securities suits likely to follow. Although data breach-related D&O claims have not fared particularly well in the past, there are factors in the Equifax situation that may put this suit in a different category. Click here to find out more about why this suit is different and what it could mean for data breach-related securities litigation going forward. (Article provided by Baldwin Krystyn Sherman Partners and RT ProExec.)