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LifeLock Settles With FTC for $12 Million


Published: Wednesday, March 10, 2010 at 2:33 a.m.
Last Modified: Wednesday, March 10, 2010 at 2:33 a.m.

LifeLock Inc. - an identity theft protection company that backed its guarantees by putting its CEO's social security number on the side of its trucks - will pay $12 million to settle claims it misrepresented its services, according to the Federal Trade Commission.


The FTC said LifeLock made false claims about its ability to prevent identity theft, as the services provide no protection against misuse of existing accounts.

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