NEW YORK, March 18, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the District of Arizona on behalf of investors who purchased LifeLock, Inc. ("LifeLock" or the "Company") (NYSE:LOCK) securities between February 26, 2013 and February 19, 2014 (the "Class Period").
Click here to learn more about the action http://zlk.9nl.com/lifelock-lock, or call: 877-363-5972. There is no cost or obligation to you.
On March 8, 2010, the Federal Trade Commission (the "FTC") filed a complaint against LifeLock and CEO Todd Davis, alleging that the Company issued misleading advertisements and guarantees regarding its identify theft protection services. In particular, it is alleged the Company misled investors and consumers by suggesting that LifeLock provided complete protection against all forms of identity theft, when it in fact provided no real protection. That month the Company entered into a settlement order with the FTC mandating that the Company no longer engage in deceptive marketing practices. On February 19, 2014, LifeLock announced it had met with the FTC regarding alleged non-compliance with the settlement.
Shareholders of LifeLock have until May 5, 2014 to seek appointment as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/lifelock-lock.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.comSource:Levi & Korsinsky, LLP