$EFX

EQUIFAX INC

Insider trades
0
6
1
$6.5M
Begor Mark W
100%
See all $EFX insider activity →
Low

Equifax settles credit score error class action for $100 million

Plaintiffs Sarah Hunter, Maurice Moore and Michael Rodela asked a U.S. court to approve a $100 million class action settlement with Equifax Inc and Equifax Information Services LLC. The suit alleges a server coding error caused inaccurate credit scores and attributes reported to lenders and insurers between Mar 17 and Apr 8, 2022. Equifax denies wrongdoing; payments are estimated at $95 to $280 per class member.

Equifax to pay $100M after 4 million users had their credit scores miscalculated

Equifax agreed to a proposed $100 million class-action settlement to compensate about 4 million consumers whose credit scores or other credit data were miscalculated due to a coding error. The issue affected scores sent to lenders from Mar 17 to Apr 8, 2022. Equifax denies wrongdoing and the deal awaits federal judge approval; payments depend on valid claims after fees and costs.

Equifax Agrees to $100 Million Settlement Over 2022 Credit Score Error

Equifax, according to court filings reported by WSB-TV, agreed to a proposed $100 million class-action settlement over a 2022 technology coding error that affected how some credit scores were calculated from March to April 2022. The settlement fund would compensate eligible consumers, pending federal court approval, and is separate from the 2017 data breach settlement.

EFX sentiment & insider activity

Over the past 7 days, alphai's AI scored 7 news stories mentioning EFX (EQUIFAX INC). Coverage has skewed bearish: 0 bullish, 6 neutral, and 1 bearish.

Recent EFX coverage spans financial news, corporate actions and regulation.

In the last 30 days, EFX insiders filed 8 SEC Form 4 transactions — no purchases and 8 sales ($6.5M). The most active reporter was Begor Mark W, CEO, with 8 filings. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.

What's driving EFX

  • Settlement terms and eligibility mechanics may reduce litigation overhang, but Equifax denies wrongdoing and approval is still pending.

    claimdepot.com · Aug 14, 2026

  • Settlement approval risk is the main near-term overhang, but the disclosed $100M cap limits downside versus open-ended litigation.

    finance.yahoo.com · Aug 14, 2026

  • Settlement proposal is a litigation overhang but likely not a fundamental earnings reset; near-term focus is court approval and claim eligibility.

    streetz945atl.com · Aug 14, 2026

  • Equifax Australia data says SME tax-debt disclosures are rising while more SMEs are “quietly” winding down via deregistration rather than formal insolvency. Unincorporated SME exits rose 37% YoY, with voluntary wind-downs 16% higher than formal insolvencies. Construction, retail, and hospitality saw larger increases in exits and ATO default filings.

    brokernews.com.au · Aug 12, 2026

  • The PR is a new Equifax data release on consumer credit balances and delinquency trends, useful for gauging credit-cycle risk sentiment.

    prnewswire.com · Aug 11, 2026

alphai scores every news story that mentions EFX with an AI model for sentiment and relevance, and aggregates insider trades from EQUIFAX INC's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $EFX

Score
$EFXLow

Equifax settles credit score error class action for $100 million

Plaintiffs Sarah Hunter, Maurice Moore and Michael Rodela asked a U.S. court to approve a $100 million class action settlement with Equifax Inc and Equifax Information Services LLC. The suit alleges a server coding error caused inaccurate credit scores and attributes reported to lenders and insurers between Mar 17 and Apr 8, 2022. Equifax denies wrongdoing; payments are estimated at $95 to $280 per class member.

$EFXMedAI 8/10

Equifax to pay $100M after 4 million users had their credit scores miscalculated

Equifax agreed to a proposed $100 million class-action settlement to compensate about 4 million consumers whose credit scores or other credit data were miscalculated due to a coding error. The issue affected scores sent to lenders from Mar 17 to Apr 8, 2022. Equifax denies wrongdoing and the deal awaits federal judge approval; payments depend on valid claims after fees and costs.

Equifax Agrees to $100 Million Settlement Over 2022 Credit Score Error

Equifax, according to court filings reported by WSB-TV, agreed to a proposed $100 million class-action settlement over a 2022 technology coding error that affected how some credit scores were calculated from March to April 2022. The settlement fund would compensate eligible consumers, pending federal court approval, and is separate from the 2017 data breach settlement.

SMEs choose 'quiet exit' over insolvency as tax debt mounts: Equifax

Equifax Australia data says SME tax-debt disclosures are rising while more SMEs are “quietly” winding down via deregistration rather than formal insolvency. Unincorporated SME exits rose 37% YoY, with voluntary wind-downs 16% higher than formal insolvencies. Construction, retail, and hospitality saw larger increases in exits and ATO default filings.

$EFXLow

Equifax National Market Pulse Data Shows U.S. Consumer Top-Line Debt Stabilizing at $18.25 Trillion in Q2 2026 With Delinquencies Improving Across Categories

Equifax reported U.S. consumer debt reached $18.25 trillion at end of Q2 2026, up 2.1% year over year. Mortgage debt was about 74% of total, with first mortgage balances up 1.9% and HELOC up 12.5%. Delinquencies stabilized across auto, bankcards and unsecured loans, and first-mortgage 90+ DPD improved 3.6% since May 2026, despite a 40.6% YoY rise.

$EFXLow

See if you qualify for Equifax's $2.2 million settlement and learn how to dispute credit report errors

Equifax agreed to a $2.2 million settlement over claims that it listed duplicate negative items on about 37,651 consumers’ credit reports, according to a 2022 complaint alleging Fair Credit Reporting Act violations. Eligible claimants may receive up to $600 plus six months of credit monitoring. Final approval is set for Oct. 6, 2026, with claims due Sept. 1, 2026.

$EFXLow

How to claim your part of the $2.2 million Equifax class action settlement

A class action settlement against Equifax over Fair Credit Reporting Act violations offers up to $59.70 per claimant from a $2.2 million fund. About 37,000 consumers have until Sept. 1 to file claims, according to the settlement website. The case cites 2022 duplication of negative credit data. Equifax previously settled a 2017 breach for $425 million, with up to $125 paid, per the site.

Equifax Customers Could Claim Up To $600 In $2.2M Settlement

Equifax Information Services LLC faces a proposed $2.2 million class-action settlement in Bradberry v. Equifax, alleging Fair Credit Reporting Act violations from duplicate collection account tradelines on some credit reports issued Aug-Sep 2022. Eligible consumers have until Sept. 1, 2026 to claim up to $600, plus six months of monitoring and identity theft insurance. Equifax denies wrongdoing; court approval pending.

$EFXLow

Some Equifax Customers Have Less Than a Month to Claim Part of a $2.2 Million Settlement—Here’s Who Qualifies

Equifax (EFX) agreed to settle a 2022 class action over alleged duplicate negative debt reporting on some credit reports, which plaintiffs said could violate the Fair Credit Reporting Act. About 37,000 customers have until Sept. 1 to file claims for a share of a $2.2 million fund, with payouts up to about $600 and six months of “Equifax Complete” monitoring. Final approval is set for Oct. 6.

$EFXMedAI 8/10

Equifax Expands LATAM Reach With Círculo de Crédito Deal

Equifax agreed to acquire Mexico credit bureau Círculo de Crédito for $750 million, aiming to expand its Latin America credit, identity, and fraud prevention offerings. Círculo serves 1,700+ customers and has about 80 million validated identities and 2 billion credit tradelines. It generated an estimated $134 million revenue and $62 million adjusted EBITDA (12 months ended June 30, 2026). Closing is expected in Q4 2026, pending approvals.

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EFX — Equifax news & insider trades | alphai