Ying, the former chief information officer for Equifax s U.S. information solutions business, used confidential information entrusted to him by the company to on Oct. that Ying had violated the company s insider trading policy and that he should be terminated, prompting his resignation, the SEC said..Former Equifax CIO Jun Ying accused of insider trading, DOJ says. A former senior executive at Equifax Inc. was criminally charged for allegedly selling almost $ million worth of shares before the company s announcement last year that it had suffered a massive data breach..Former Equifax CIO Jun Ying Accused of Insider Trading. in our complaint, Ying used confidential information to conclude that his company had suffered a massive data breach, and he dumped his stock before the news went public," said Richard R. Best, Director of the SEC s Atlanta regional office..The Securities and Exchange Commission and Department of Justice have announced separate actions against Jun Ying, a former chief information officer at the credit rating firm who allegedly unloaded nearly a million dollars worth of Equifax stock shortly before the company publicly disclosed the breach .
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