Same ol Story… With an Opinion…

Life Lock ID theft protection firm sued

Posted by midnightcraz on May 18, 2008

I wonder if he got the $1 million dollars Guarantee every time his Identity was Stolen?

For a time, the ads were everywhere on TV and radio, the ones with the head of a security company brazenly challenging would-be thieves to try to steal his identity.

Richard Todd Davis, CEO of LifeLock Inc., was so confident in his company’s ability to protect his identity that he publicly revealed his Social Security number: 457-55-5462.

But according to a new class-action lawsuit filed last week in Jackson County, LifeLock’s identity theft protection services were so inept that Davis’ personal information was stolen repeatedly.

“While LifeLock has only publicly acknowledged that Davis’ identity was compromised on one occasion, there are more than 20 driver’s licenses that have been fraudulently obtained [using his personal information],” the suit states.

“Furthermore, a simple background check performed using Davis’ Social Security number reveals that his entire personal profile has been compromised to the extent that the birth date associated with his Social Security number is Nov. 2, 1940, which would [inaccurately] make Davis 67 years old.

“The lawsuit maintains that LifeLock, which claims on its Web site to be “the industry leader in the rapidly growing field of Identity Theft Protection,” made false and misleading claims in its multimillion-dollar ad campaign about the level of protection it provides.

“Through its advertisements, LifeLock misrepresents and assures consumers that it can protect against all types of fraud including, without limitation, computer hacking, password theft and other noncredit-related theft,” the suit reads.

But LifeLock doesn’t protect against many forms of identity theft, according to the lawsuit.

The Charleston Gazette – News – ID theft protection firm sued

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