Needham & Company Reinstates LifeLock (LOCK) at Buy

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Go back to Needham & Company Reinstates LifeLock (LOCK) at Buy

LifeLock (LOCK) Enters Settlement Agreement with FTC; Will Pay $100M

December 17, 2015 10:26 AM EST

(Updated - December 17, 2015 12:00 PM EST)

LifeLock (NYSE: LOCK) to pay $100 million to settle FTC case, according to Bloomberg.

UPDATE - The FTC posted the following on Thursday:

LifeLock will pay $100 million to settle Federal Trade Commission contempt charges that it violated the terms of a 2010 federal court order that requires the company to secure consumers personal information and prohibits the company from deceptive advertising. This is the... More