We previously reported that the Federal Trade Commission (FTC) had filed suit against LifeLock alleging that it had violated a previous settlement with the FTC regarding false advertising and was in contempt.
The previous settlement ended with LifeLock paying $12 million and agreeing to refrain from falsely advertising its products and services.
The FTC has asked the court to stay the request for a contempt order in order to finalize the proposed settlement, which may include a payment of up to $116 million, which has been set aside by the company.
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