Former Equifax Exec Pleads Guilty To Insider Trading

Law360 (March 7, 2019, 4:59 PM EST) -- A former Equifax Inc. executive pled guilty to a charge of securities fraud in Georgia federal court on Thursday after selling shares of the company before news of a massive hack broke in 2017.

Jun Ying, who worked as chief information officer at Equifax's U.S. Information Solutions division, admitted to violating one of the two laws he had been accused of breaking, 18 U.S. Code Section 1348. Unlike the other securities fraud charge in Ying's case, 1348 doesn't require prosecutors to prove the defendant acted willfully.

Ying's sentencing is scheduled for June 27.

"Insider trading is an abuse of trust and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!