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The Federal Trade Commission began mailing refund checks yesterday to 957,928 LifeLock, Inc. customers, who the FTC says were victims of false claims made by the company, which promised consumers ...
The FTC also says LifeLock was lying when it said that a customer would always get a phone call before a new credit account was opened in their name, and that it would constantly monitor activity ...
In December 2013, LifeLock acquired Lemon Wallet, a digital wallet platform, for $42.6 million. [19] [20] [21] In 2015, the FTC obtained a $100 million monetary penalty against LifeLock with $68 million held for class-action refunds to customers in relation to false advertising and failed service delivery allegations. [22] [23]
In March, LifeLock settled a 35-state Federal Trade Commission lawsuit over its misleading advertising and had to pay $12 million. The FTC ordered LifeLock to stop lying to its customers about its ...
The average refund is about $114, the FTC noted. This first round of payments amounts to a total of more than $72 million, according to the agency — leaving about $173 million left to be ...
Help for LifeLock and Norton products. Select a product below: LifeLock Identity Theft Protection help articles; Norton Security Online help articles; Popular Products.
For example, in 2014, the FTC settled with Apple over allegations that the company allowed children to make unauthorized in-app purchases without their parents' consent. As part of the settlement, Apple agreed to refund a minimum of $32.5 million to affected consumers that were billed for in-app purchases incurred by children.
More than 4 million Americans gouged by credit repair companies including Lexington Law and CreditRepair.com will soon collectively receive $1.8 billion in refund checks, the Consumer Financial ...