Investor Alert: AF&T Announces the Filing of a Securities Fraud Class Action Against LifeLock, Inc.
24 Juli 2015 - 9:02PM
Business Wire
Abraham, Fruchter & Twersky, LLP announces that a securities
fraud class action has been filed against LifeLock, Inc.
(“LifeLock” or the “Company”) (NYSE:LOCK) and certain of its senior
executives in the United States District Court for the District of
Arizona (the “Court”).
The case alleges that the defendants made materially false or
misleading statements with respect to the Company’s compliance with
a 2010 settlement with the Federal Trade Commission (“FTC”). On
July 21, 2015, the FTC revealed that LifeLock had been in violation
of the settlement by making deceptive claims about its identity
theft protection services and by failing to protect its users’
personal data.
The lawsuit is brought on behalf of a class (the “Class”) of
investors who purchased shares of LifeLock between July 30, 2014
and July 20, 2015, inclusive (the “Class Period”). If you are a
member of the Class and wish to serve as a lead plaintiff, then you
must move the Court no later than September 21, 2015. You are,
however, under no obligation to move for appointment as lead
plaintiff.
If you would like to discuss this investigation, or if you have
any questions concerning your rights as a potential lead plaintiff,
you may contact: Jeffrey S. Abraham or Philip T. Taylor of Abraham,
Fruchter & Twersky, LLP toll free at (800) 440-8986, or via
e-mail at info@aftlaw.com or ptaylor@aftlaw.com.
Abraham, Fruchter & Twersky, LLP, which is based in New York
and has an office in California, has extensive experience in
shareholder and securities class action cases, and the firm has
been ranked among the leading class action law firms in terms of
recoveries achieved by a survey of class action law firms conducted
by Institutional Shareholder Services.
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20150724005763/en/
Abraham, Fruchter & Twersky, LLPJeffrey S. Abraham or Philip
T. Taylor800-440-8986
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