NEW YORK, Aug. 31, 2015 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces that a class action lawsuit has been filed on behalf of purchasers of LifeLock, Inc. (NYSE:LOCK) securities from July 30, 2014 through July 20, 2015, inclusive (the "Class Period"). The lawsuit seeks to recover damages for LifeLock investors under the federal securities laws.
To join the LifeLock class action, go to the firm's website at http://www.rosenlegal.com/cases-674.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company had failed to create and sustain a complete information security program to guard its users' sensitive personal data, including credit card, social security, and bank account numbers; (2) that the Company falsely advertised that it shielded customers' personal information with the same sophisticated safeguards as financial institutions; (3) that the Company failed to meet the FTC's 2010 settlement order's recordkeeping requirements; and (4) that, consequently, the Company's statements about its business, operations, and prospects, were false and deceptive and/or lacked a reasonable basis.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 21, 2015. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the class action and recover your losses, go to the firm's website at http://www.rosenlegal.com/cases-674.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.