We previously reported that LifeLock suffered a data breach and has been sued by the Federal Trade Commission for allegations of misleading customers [view related post], for which it settled with the FTC for $116 million [view related post] and then settled a suit alleging false statements to customers for $68 million [view
LifeLock
Judge Approves LifeLock’s $68M Proposed Settlement with Class and $10.2M with Lawyers
By Linn Foster Freedman on
Posted in Enforcement + Litigation
On Tuesday, September 20, 2016, a federal judge in California granted approval of the $68 million settlement between LifeLock and a class of plaintiffs that alleged it made false statements about the services it provides to consumers that it will alert them of possible identity theft as soon as possible. The judge also approved a…
LifeLock agrees to pay FTC $116M
By Linn Foster Freedman on
Posted in Enforcement + Litigation
We previously reported that the Federal Trade Commission (FTC) had filed suit against LifeLock alleging that it had violated a previous settlement with the FTC regarding false advertising and was in contempt.
The previous settlement ended with LifeLock paying $12 million and agreeing to refrain from falsely advertising its products and services.
The FTC has…