LifeLock issued a press release in which it says that it has filed a motion to reconsider in California’s U.S. District Court in the case of Experian v. LifeLock. Last month, the court had granted Experian’s motion for partial summary judgment and had blocked LifeLock from placing fraud alerts for customers. The court held that under FACTA, individuals could place fraud alerts on their accounts, as could other individuals acting on their behalf, but there was no provision for businesses to do so.
The ruling immediately rippled through the industry, where placing fraud alerts on the consumer’s behalf is one of the most common services offered as part of for-fee packages.