13 Facts About LifeLock

1.

LifeLock Inc is an American identity theft protection company based in Tempe, Arizona.

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2.

LifeLock was acquired by computer security company Symantec in 2017 for $2.

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3.

LifeLock was co-founded in 2005 by Robert J Maynard and Todd Davis.

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4.

Maynard resigned from LifeLock in June 2007 after claims that he was a victim of identity theft came under scrutiny.

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5.

In December 2008, LifeLock entered into an agreement with TransUnion, one of the three main credit bureaus, to automate the process of alerting customers of potential unauthorized access via their credit reports.

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6.

In March 2021, LifeLock acquired ID Analytics, which operates independently as a wholly owned subsidiary Following LifeLock's initial public offering announcement in August 2012, Hilary Schneider joined the company as president.

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7.

In December 2013, LifeLock acquired Lemon Wallet, a digital wallet platform, for $42.

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8.

LifeLock subsequently began to offer its Norton subscription services with LifeLock included.

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9.

LifeLock announced plans to take its identity theft protection business public and filed for an IPO worth up to $175 million on August 28,2012.

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10.

LifeLock was listed on the New York Stock Exchange starting October 3,2012, trading under the symbol LOCK.

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11.

LifeLock filed a form with the Securities and Exchange Commission to voluntarily deregister its common stock in 2017 after its acquisition by Symantec for $2.

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12.

LifeLock was fined $12 million by the Federal Trade Commission in March 2010 for deceptive advertising.

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13.

In 2015, the FTC found LifeLock to be in contempt of the 2010 agreement, charging that they "failed to establish and maintain a comprehensive information security program", and "falsely advertised that it protected consumers' sensitive data".

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