Equifax Fights Investors' Cert. Bid In Data Breach Suit

Law360 (August 13, 2019, 3:20 PM EDT) -- Equifax fought back against a bid to certify an investor class in an action against the credit reporting agency over a massive 2017 data breach, telling a Georgia federal judge Monday that the lead plaintiff isn't a proper class representative and the proposed damages model is faulty.

Lead plaintiff Union Asset Management Holding AG has claims that are different from that of other proposed class members, rendering the German investment group inadequate and atypical as a representative for Equifax Inc. investors, the credit agency argued.

"The record shows that plaintiff is neither typical nor adequate because it is subject to a...

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