LifeLock violates the law on consumer credit reports

According to The Register report, LifeLock, fraud-preventing service, induces in unfair business practices, breaking parts of a federal law governing the safeguarding of consumer credit reports. 

The finding came in a lawsuit brought by one of the top three credit reporting services in the US, Experian. The case claims LifeLock costs Experian millions of dollars every year by bombarding it with calls on behalf of customers who have signed up for a $10 per-month service. The Experian placed calls demand known as an initial fraud alert in the customer's file as required under the FCRA, or Fair Credit Reporting Act. LifeLock renews the request each time the alert expires, which is 90 days after it was last put in place.

As LifeLock CEO Todd Davis stated the effect of the ruling didn't affect reports his company made to other credit reporting services. He told MSNBC that those services are required to share alerts with their competitors, so it's a fair bet LifeLock-filed alerts would end up on Experian's files anyway.