NEW YORK, July 23, 2015 /PRNewswire/ -- Tripp Levy
PLLC, a leading national securities law firm, announces that a
class action lawsuit was filed in the United States District Court
for the District of Arizona on
behalf of a class (the "Class") of purchasers of the securities
LifeLock, Inc. ("LifeLock" or the "Company") (NYSE: LOCK) between
July 30, 2014 and July 20, 2015, inclusive (the "Class
Period").
The lawsuit alleges that throughout the Class Period, defendants
made false and/or misleading statements, as well as failed to
disclose material adverse facts about the Company's business,
operations, and prospects. Specifically, defendants made false
and/or misleading statements and/or failed to disclose, among
others: (1) that the Company had failed to establish and maintain a
comprehensive information security program to protect its users'
sensitive personal data, including credit card, social security,
and bank account numbers; (2) that the Company falsely advertised
that it protected consumers' sensitive data with the same
high-level safeguards as financial institutions; (3) that the
Company failed to meet the 2010 settlement order's recordkeeping
requirements; and (4) that, as a result of the foregoing, the
Company's statements about its business, operations, and prospects,
were false and misleading and/or lacked a reasonable basis.
If you purchased shares of LifeLock during the Class Period and
have suffered a loss in excess of $100,000 from your investment in LifeLock common
stock and would like to learn more about this lawsuit, including
your ability to potentially recover your losses, please contact us
either by email at contact@tripplevy.com or by telephone at (800)
511-7037 or visit our website at www.tripplevy.com. In
addition, if you wish to serve as lead plaintiff, you must move the
Court no later than 60 days from the date of this notice. If you
are a member of this class you can join this class action to
potentially recover your losses by contacting us.
Tripp Levy PLLC is a leading national securities and shareholder
rights law firm representing both individual and institutional
shareholders and, along with its affiliate, have recovered billions
of dollars for shareholders. Tripp Levy PLLC is
affiliated with Milberg LLP. The National Law Journal has
named Milberg one of the "50 Elite Trial Lawyer Firms" and one of
the "50 Leading Plaintiff Firms in America."
Attorney advertising. Prior results do not indicate a
similar outcome
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
International: 602-241-2841
Email: contact@tripplevy.com
www.tripplevy.com
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SOURCE Tripp Levy PLLC