Author: Kevin McCoy

Equifax hit with at least 23 class-action lawsuits over massive cyberbreach – USA TODAY

GOOGLE NEWS CLOSE Nearly half of all Americans are affected by a cyber security breach at Equifax, one of the nation’s three major credit-reporting agencies. Here’s how to avoid being a victim. USA TODAY File photo taken in 2012 shows the Atlanta headquarters of U.S. credit-reporting giant Equifax.(Photo: Mike Stewart, AP) Equifax faces at least 23 proposed class-action lawsuits since its disclosure that personal identifying information for 143 million U.S. consumers may have been compromised by a massive cyberbreach. And additional cases are likely to come. Federal court records show the lawsuits were filed through the weekend after the credit-reporting giant’s Thursday...

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Exxon probes may figure in Tillerson Senate hearings for top diplomat job – USA TODAY

Rex Tillerson is the CEO of ExxonMobil. His ties around the globe include a close relationship with Russian President Vladimir Putin. USA TODAY NETWORK ExxonMobil CEO Rex Tillerson answers questions at a news conference after the company’s annual shareholders meeting in 2006.(Photo: REX C. CURRY, EPA) Donald Trump isn’t the only person headed to the U.S. government’s executive branch saddled by legal issues. As the president-elect tapped ExxonMobil CEO Rex Tillerson as the chief U.S. diplomat, a judge issued a ruling that could help decide the outcome of state investigations into the energy giant’s statements on climate change and the firm’s accounting disclosures. Those are just two of several issues federal lawmakers could explore during Senate confirmation hearings expected early next year for Tillerson’s appointment as secretary of State. The hearings are likely to focus on Tillerson’s business negotiations and other dealings with Russia President Vladimir Putin, along with questions about ExxonMobil’s federal contracts. The legal battle with New York, Massachusetts and other states hinges on whether ExxonMobil (XOM) properly disclosed the potential impact of climate change on the company’s finances and gave investors accurate values for the firm’s assets during a two-year oil price slump. On Dec. 12, Texas U.S. District Court Judge Ed Kinkeade ordered the top legal officials of New York and Massachusetts to file written arguments by Jan. 4 addressing ExxonMobil’s contention that the New York and Massachusetts probes are politically motivated and should be terminated. The ruling came...

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