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FTC Takes Action Against LifeLock (LOCK) for Alleged Violations of 2010 Order
streetinsider.com ^

Posted on 07/21/2015 11:19:06 AM PDT by BenLurkin

In documents filed with the U.S. District Court for the District of Arizona, the FTC charged that LifeLock failed to live up to its obligations under the 2010 settlement, and asked the court to impose an order requiring LifeLock to provide full redress to all consumers affected by the company’s order violations.

“It is essential that companies live up to their obligations under orders obtained by the FTC,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection. “If a company continues with practices that violate orders and harm consumers, we will act.”

The 2010 settlement stemmed from previous FTC allegations that LifeLock used false claims to promote its identity theft protection services. The settlement barred the company and its principals from making any further deceptive claims; required LifeLock to take more stringent measures to safeguard the personal information it collects from customers; and required LifeLock to pay $12 million for consumer refunds.

(Excerpt) Read more at streetinsider.com ...


TOPICS: Business/Economy; Government
KEYWORDS:

1 posted on 07/21/2015 11:19:06 AM PDT by BenLurkin
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To: BenLurkin

2 posted on 07/21/2015 11:20:17 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: BenLurkin

CRASH!!!!


3 posted on 07/21/2015 11:23:14 AM PDT by dware (Yeah, so? What are we going to do about it?)
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To: BenLurkin

Don’t they/didn’t they sponsor Rush?


4 posted on 07/21/2015 11:44:03 AM PDT by cincinnati65
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To: cincinnati65

Yup!


5 posted on 07/21/2015 11:45:11 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: cincinnati65

Yes.


6 posted on 07/21/2015 11:46:02 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: BenLurkin

I guess as Rush would say: “Interesting, hmmmmmmmmmmmm?”


7 posted on 07/21/2015 11:53:17 AM PDT by cincinnati65
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To: Jane Long

Why is Obama going after Lifelock? The timing is suspicious, considering the government’s recent breach of personal data.

Who will go after the government?


8 posted on 07/21/2015 11:55:41 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: cincinnati65

Yes they do.


9 posted on 07/21/2015 11:55:47 AM PDT by FES0844
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To: BenLurkin

Whitehouse retrobution against one of conservative talk radio’s biggest advertisers, especially RUSH!!!


10 posted on 07/21/2015 11:56:28 AM PDT by SierraWasp (Help Stamp Out Pernicious Progressives and Arrogant Activists With Their Liberalism!!!)
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To: BenLurkin

I have Life Lock.


11 posted on 07/21/2015 12:10:20 PM PDT by MEG33 (God Bless America And Our Troops)
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To: BenLurkin
I find it disturbing that most of the products and services advertized on conservative talk radio sound like snake oil. Makes me wonder what kind of people the advertizers think we are. Even more disturbing, the hosts endorse some of these and it makes me wonder what kind of people they think we are.
12 posted on 07/21/2015 12:55:33 PM PDT by snarkpup ("The only reason to vote Republican is Democrats." - Thomas Sowell)
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To: MEG33
I have Life Lock.

Me too and have had it ever since I found out the incompetent political hacks at OPM allowed all my most personal information to be taken by the Chinese - and the stupid scum even paid the Chinese to do it.

I'm not alone. Now what am I going to do (besides get ruined and robbed blind)? I know there are other companies who offer this service, but are they any better or is it hopeless to take precautions?

13 posted on 07/21/2015 1:45:55 PM PDT by Gritty (The wicked strut freely about when what is vile is honored among men - Psalm 12:8)
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To: Gritty

My son urged me to sign up..We just upgraded to premium..I feel better having it although it is no absolute guarantee.

.I hate you had this happen. From what I read you have a lot of ccompany.


14 posted on 07/21/2015 1:58:03 PM PDT by MEG33 (God Bless America And Our Troops)
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To: Gritty
Now what am I going to do (besides get ruined and robbed blind)? I know there are other companies who offer this service, but are they any better or is it hopeless to take precautions?

Step #1 is to freeze your credit files. Once you've done this, whatever additional protection credit monitoring provides is questionable.

15 posted on 07/21/2015 2:24:02 PM PDT by snarkpup ("The only reason to vote Republican is Democrats." - Thomas Sowell)
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To: Gritty

http://www.tomsguide.com/us/can-you-trust-lifelock,news-21372.html
Found this and thought it was informative.


16 posted on 07/22/2015 6:28:06 PM PDT by MEG33 (God Bless America And Our Troops)
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