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ChoicePoint Announces Stock Repurchase Program

ChoicePoint Inc., a consumer information vendor, may purchase up to $250 million of its outstanding stock.

ChoicePoint Inc., a consumer information vendor, may purchase up to $250 million of its outstanding stock. The Alpharetta, GA-based firm is coming of a strong second quarter, with increased cash flows.

ChoicePoint came under fire earlier this year when it revealed that its salespeople had sold consumer information to unverified clients who turned out to be scam artists. The resulting outcry heightened focus on data security in the information industry.

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