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Equifax facing potential fines and damages from FTC, CFPB

( February 22, 2019, 01:38 GMT | Official Statement) -- MLex Summary: Equifax has been informed by the Consumer Financial Protection Bureau and the US Federal Trade Commission that the agencies intend to seek injunctive relief damages and, with respect to the CFPB, civil money penalties based on allegations related to the 2017 cybersecurity incident, the company said in a filing with the Securities and Exchange Commission. The New York Department of Financial Services has also notified the company that it's considering taking legal action and potentially seeking consumer relief and civil money penalties, Equifax said.Please see SEC filing below:...

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