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Company: LifeLock Inc.
Current Parent Company:
Gen Digital Inc.
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $12,000,000
Year: 2010
Date: March 9, 2010
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: LifeLock, Inc. agreed to pay $11 million to the Federal Trade Commission and $1 million to a group of 35 state attorneys general to settle charges that the company used false claims to promote its identity theft protection services, which it widely advertised by displaying the CEO's Social Security number on the side of a truck.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Arizona
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: information technology
Specific Industry of Current Parent: cyber security products
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.