FTC: LifeLock Didn't Lock Up Life Data; Sinks 49%

The Federal Trade Commission alleged that LifeLock (LOCK) violated a 2010 settlement by making deceptive claims about its identity theft protection services and failing to secure its users' data. The FTC asked the court to order LifeLock to provide "full redress" to all the customers affected by its alleged settlement violations. LifeLock said in statement that the allegations pertain to past business practices and that it was prepared to defend

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