Former Equifax manager sentenced in insider trading case
Get Alerts EFX Hot Sheet
Join SI Premium – FREE
NEW YORK (Reuters) - A former Equifax Inc (NYSE: EFX) manager was sentenced to eight months of home confinement and $125,979 in fines and restitution on Tuesday, over insider trading charges related to last year's data breach at the credit monitoring firm.
U.S. District Court Judge Amy Totenberg issued the sentence in Atlanta federal court to Sudhakar Reddy Bonthu, 44, the U.S. Justice Department said in a press release. He had pleaded guilty in July to charges he bought and sold Equifax stock options before Equifax’s massive data breach was announced in September 2017.
(Reporting by Jim Finkle in New York; Editing by Tom Brown)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Invitation Homes names two executive vice presidents
- Diana Shipping and Star Bulk cancel vessel deal tied to Genco bid
- NioCorp feasibility study projects $4.1B NPV for Nebraska mine
Create E-mail Alert Related Categories
Corporate News, ReutersRelated Entities
Second Curve CapitalSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share