access from equifax but if they have to go to other companies to get their credit frozen, equifax needs to begin to set money aside to hold those consumers harpless from having to pay other companies to put a freeze on their accounts. that s part of our letter. why don t you sue equifax? the justice department is looking into top executives who conveniently sold their own stock, $1.8 million worth. why don t you sue some people here? well, it s certainly on my radar screen. it s on the radar screen of a lot of my colleagues. certainly commend the massachusetts ag for getting out in front of this. we want to make sure we know the facts. we want to make sure we know what rights and responsibilities we need to hold them accountable for and what liabilities they have to our citizens. so it s certainly something that is being reviewed by my team. and if it s if it s an option
refused to be interviewed by nbc. this is him. richard f. smith. nearly 40 states are investigating the breach and massachusetts is planning to sue equifax. for more, joined by a columnist for the los angeles times who focuses on business and consumers affairs, part-time radio host and recently wrote about equifax s response to the hack, specifically, david, that the clause they included about denying people the right to join a class action lawsuit. i m one of those people who got an e-mail when it happened to say, press a button, find out if you were hacked s typical fashion, you can t do that, got to put in information and say, yes, yes, yes. to all sorts of things. one of the things i agreed to a clause they had in there. a number of attorneys general descended upon them after that and said, this can t be true. well, you know, you re right. and i think a lot of consumer outreach was kind of misplaced because even though there was an
hillary and anderson here on cnn. equifax s huge security fail, lawmakers want to investigate two executives for insider trading. a federal probe into $2 million in equifax shares sold after the internal discovery of that hack back in july. equifax made the news of the hack public last week. equifax s breach exposed the personal data of 143 million of you and its response has been widely condemned. equifax only offered free credit monitoring if victims waived your right to sue. it later backtracked due to prompting by the new york attorney general. massachusetts attorney general plans to sue equifax and it even concerns the u.s. secretary steven mnuchin.
he is resigning so his personal issues do not affect the citizens. 36 u.s. senators seek a federal probe into equifax shares sold after the discovery in july. equifax only made this public last week, the breach exposed the data of 143 million of you including your birthday, social security number, your driver s license, equifax s response has prompted a public fire storm. the company only offered free credit monitoring if victims waived their right to sue. equifax backtracked after conversations prodding from the new york attorney general. massachusetts attorney general plans to sue equifax.