Ex-Equifax Exec Can’t Ditch Indictment for Post-Hack Trades

Equifax Inc.‘s former chief information officer can’t escape a federal indictment for insider trading before the company publicly announced a 2017 data breach.

Jun Ying can’t duck the indictment because it properly alleges he knew about the hack before the public did and traded on that information, according to a Dec. 4 order.

Equifax initially asked employees to help respond to a customer’s breach, but Ying and others figured out Equifax itself was the subject of the hack, according to the order. “I’m starting to put 2 and 2 together,” Ying said in a text reproduced in the ...