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Class action seeking to represent 143 million consumers alleges company didn’t spend enough on protecting data.
The case was filed by the firm Olsen Daines PC along with Geragos & Geragos, a celebrity law firm known for blockbusterclass actions. Ben Meiselas, an attorney for Geragos, said the class will seek as much as $70 billion in damages nationally.
if you want to find out if your data might have been exposed, you waive your right to sue the Atlanta-based company. We're not making this up. The company has now published a website allowing consumers to input their last six digits of their Social Security numbers to find out.
There is some fine print that allows you to opt out of arbitration if you notify Equifax in writing within 30 days of "accepting this agreement." And the terms also allow you to go to small claims court to individually handle your grievance.
The company even outlined how customers could be giving up their right to sue within the website it set up for the sole purpose of helping people discern if their data was stolen.
So they allow a breach then you give up your rights to see if you were effected.
The Equifax situation is criminal. These people failed in every aspect of their job. They compromised data for 143 million people. And then they sat on the information for 6 weeks, after they knew about it. However, that didn't stop the higher ups from unloading their stock.
Then, they put in place all kinds of half-assed measures with strings attached so that you can't sue them.
You've got to be kidding.
I'm normally not a proponent of the government solving problems, but if Trump really wants to do something constructive, then let his executive branch go after this bunch of criminals.
By the way, anyone who owns EFX stock better unload it, because it's got nowhere to do but down.
The Equifax situation is criminal. These people failed in every aspect of their job. They compromised data for 143 million people. And then they sat on the information for 6 weeks, after they knew about it. However, that didn't stop the higher ups from unloading their stock.
Then, they put in place all kinds of half-assed measures with strings attached so that you can't sue them.
You've got to be kidding.
I'm normally not a proponent of the government solving problems, but if Trump really wants to do something constructive, then let his executive branch go after this bunch of criminals.
By the way, anyone who owns EFX stock better unload it, because it's got nowhere to do but down.
In this day and age, I need to see some links before I believe these claims.
If they dumped stock then that's insider trading but I can't just immediately trust an anonymous internet post.
Maybe it’s time for all the CEOs and those members on the board of directors to have “their” personal information stored online with all of their customers’ data! NOW! They’ll feel like you and I do about this problem.
if you want to find out if your data might have been exposed, you waive your right to sue the Atlanta-based company. We're not making this up. The company has now published a website allowing consumers to input their last six digits of their Social Security numbers to find out.
There is some fine print that allows you to opt out of arbitration if you notify Equifax in writing within 30 days of "accepting this agreement." And the terms also allow you to go to small claims court to individually handle your grievance.
1 a class action suing over an arbitration clause forced on clients under duress would be an easy win and likely as big a lawsuit as a class action over the leak.
2 the arbitration clause no doubt refers to the one year offer, and not the data breach.
3 i have not even read it and i know i am right. lawyers would go to town on such a weak sauce attempt ot get consumers to give up their rights.
The original Social Security law provides that SSN's only be used within the sphere of Social Security benefits. That law is still on the books. Maybe it's time for the lawyers to sue for SME enforcement.
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Arrest the management team at Equifax
