Life Lock ID-Theft Prevention Firm Target of Fraud Suit

by politisite | March 28, 2008 at 01:14 pm
1119 views | 10 Recommendations | 4 comments

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Life Lock ID-Theft Prevention Firm Target of Fraud Suit

Life Lock ID-Theft Prevention Firm Target of Fraud Suit

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Life Lock Identity Theft Prevention Firm Target of Fraud Suit

You know the guy who gives everyone his Social Security number on TV?  Well seems like the 1 million guarantee has so many loop-holes it is useless and impossible to quailify for even if Indentity Theft and damages occur. Maybe a name change is in order to something like, "my-lock" since the company appears more interested in protecting itself than it's customers.

A Maricopa County resident today filed a proposed class-action lawsuit against Tempe-based LifeLock, an identity theft protection company whose CEO prominently advertises his Social Security number to indicate how confident he is in his company's service.The lawsuit says the company is not legally allowed to perform the service it offers, and the million-dollar guarantee it touts to back up it service has so many limitations that it's worthless.The suit was filed by Hagens Berman Sobol Shapiro LLP on behalf of consumer Byrl Lane "and all others similarly situated" in U.S. District Court for the District of Arizona and seeks to recover money paid to LifeLock by consumers.Experian, one of the three major credit reporting agencies, filed a suit against LifeLock last month in U.S. District Court in California, alleging the company violates the Fair Credit Reporting Act by placing fraud alerts on behalf of consumers and then renewing them in perpetuity.

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1
sam smith

you are an idiot, visit the website!! www.lifelock.com

Jordan Yerman
Jordan Yerman
flagged this story as Good Stuff

at 13:19 on March 28th, 2008

I'm still trying to figure out how giving your social security number to a random third party is supposed to protect it...

0
Samiullah


Identity Theft is growing crime but Life Lock take security, and takes responsibility to protect us from wrong hands. It also introduce new services that offer new client and also for those they already members of life lock,  if you get more information visit this site I hope you getting more information..

0
jjbaulikki

He advertises that no one has been part of identity theft after lifelock.  If you do a google search of his SS number that he gives out, or his name you will find that people have actually stolen his identity and used it.

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Jordan Yerman
First Flagged at 1:19 PM, Mar 28, 2008 by Jordan Yerman
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