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Director dealings: Experian director offloads more than 55,000 shares
Kerry Williams, chief operating officer of consumer credit reporting agency Experian, disposed of more than 55,000 ordinary shares in the Dublin-based firm on Monday, collecting a total of $913,099.15 in the process.
Williams, a member of Experian's board since July 2014, sold 55,857 of her shares in the group on the London Stock Exchange with a price tag of $22.57 attached to each one.
Earlier in March, Experian announced its intention to acquire fintech group ClearScore for a total of £275m as part of a move to capitalise on the start-up's success in matching members lured-in by its free membership model before being matched with financial products providers that pay it a fee.
Less than a week after the ClearScore announcement, San Diego City attorney Mara Elliott filed a lawsuit against the consumer credit giant, saying that the company had suffered a massive data breach, affecting more than a quarter of a million people in San Diego alone, and millions more worldwide, but hade never told its customers about it.
Elliott's lawsuit seeks civil monetary penalties under California's Unfair Competition Law, as well as a court order compelling the firm to formally notify consumers whose personal information was stolen and to pay costs for identity protection services for those people.
As of 1620 GMT, shares had lost 1.95% to 1,510.50p.
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Director name: Williams,Kerry
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