Court: Lifelock using ‘unfair business practice’
LifeLock Inc. has been ordered to change its identity theft product by a federal judge who ruled that the firm has engaged in an “unfair business practice.”
The Arizona-based company — made famous by ads revealing CEO Todd Davis’ Social Security number — was sued by credit bureau Experian last year. In its lawsuit, Experian said the company was violating the Fair Credit Reporting Act while placing fraud alerts on behalf of LifeLock customers. U.S. District Judge Andrew Guilford of the Central District of California agreed, and granted a motion for summary judgment last week ordering LifeLock to stop.
Source – Red Tape Chronicles
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