LifeLock Loses Round In Battle With Experian
Credit information provider Experian said today that a federal court in California has denied a motion by Tempe, Arizona-based LifeLock, to reconsider a ruling which found that LifeLock's practice of setting 90-day fraud alerts on Experian and other credit bureaus was unlawful. LifeLock, a venture-backed firm which offers a credit fraud protection service to consumers, was sued by Experian in February of 2008. Experian said it has requested a permanent injunction in the case. The revelation comes a day after LifeLock said it had "enhanced" its identity theft protection services to better spot fraud, and would be replacing the use of fraud alerts in its service.
posted on Wednesday, September 2, 2009
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