> Equifax cannot afford to pay $125 to each member of the potential class.
That’s not the victims’ problem. Even if Equifax has to be completely liquidated to cover the compensation, the government should fight to make an example of such a terrible company and give the victims some sense of justice. Hopefully the board and the executives would rethink their lives and careers, maybe even change.
The upside is their competitors sees what happens to that guy and never make the same mistake.
A company the size of Equifax going bust due to negligence would show Experian, Lexis-Nexis, and Transunion that these records aren't assets but large liabilities to be handled with extreme diligence.
That’s not the victims’ problem. Even if Equifax has to be completely liquidated to cover the compensation, the government should fight to make an example of such a terrible company and give the victims some sense of justice. Hopefully the board and the executives would rethink their lives and careers, maybe even change.