[krisives]

Isn't there a class-action lawsuit, can't those 143M people in theory get in on that?

[mixedmath]

If I recall correctly, US Congress passed a resolution [1] shortly after the Equifax breaches became public that essentially restricted the capabilities of people to sue Equifax [2].

[1]: https://www.congress.gov/bill/115th-congress/house-joint-res... [2]: https://techcrunch.com/2017/10/24/congress-votes-to-disallow...

[colejohnson66]

Forgive me for being uninformed, but why is what is basically retroactive immunity not a violation of ex post facto laws?

[tony101]

I believe the resolution only applied to those who had signed arbitration agreements with Equifax. Nonetheless, it is a bad resolution for consumers.

[leggomylibro]

If most of the adult population of an entire country is affected by something, is a class-action lawsuit really the best way to deal with that?

What about a Federal program?

[bb88]

The CFPB is a Federal program. It's the thing which is supposed to keep companies from doing this.

[bobwaycott]

I believe Equifax is currently facing 240 state and class-action suits. Still doesn’t seem the appropriate way to handle an entire nation being affected by their failure.

[yourapostasy]

Unless those actions pool resources and forces, Equifax stands a good chance of defeating most of them in detail. String most along, cherry-pick the most likely to prevail against (with a combination of lobbying, legislation, politicking, marketing, and legal maneuvers), win or stalemate those, then work their way down the list with those precedents in their negotiating back pocket.