LifeLock Inc. will have to find a new way to protect consumers from identity theft as a U.S. District Court Judge found that it should not be allowed to use its practice of placing fraud alerts on customers’ credit reports .
Judge Andrew Guilford upheld his May decision in favor of credit reporting bureau Experian Information Solutions Inc., which had sued LifeLock saying a company’s placement of such fraud reports were not allowed under the Fair Credit Reporting Act and represented an unfair business practice.
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