Miguel Avila, et al. v. LifeLock, Inc., et al.
LifeLock Securities Litigation
2:15-cv-01398-SRB

Welcome to the LifeLock Securities Litigation Website

The information contained on this website is only a summary of the information presented in more detail in the Notice of Settlement of Class Action. Because this website is just a summary, you should review the Notice for additional details.

 

Summary of the Action

The purpose of this website is to inform you of the securities class action (the “Action”), and the approved settlement of the Action (the “Settlement”). The Notice describes important rights you may have and what steps you must take if you wish to participate in the Settlement, wish to object, or wish to be excluded from the Settlement Class. Please note that the deadline to request objection or exclusion has passed.


The Settlement resolves claims by Oklahoma Police Pension and Retirement System and Oklahoma Firefighters Pension and Retirement System (collectively, “Lead Plaintiffs”) that have been asserted on behalf of the proposed Settlement Class against LifeLock, Inc. (“LifeLock,” or “the Company”), Todd Davis, Chris Power, and Hilary Schneider (collectively, “Defendants”).


The Court has approved the Settlement, which will provide $20,000,000 gross (the “Settlement Amount”), plus interest as it accrues, minus attorneys’ fees, costs, a compensatory award to Lead Plaintiff and administrative expenses, net of any taxes on interest, will be distributed to Settlement Class Members according to the Court-approved plan of allocation (the “Plan of Allocation” or “Plan”).  The approved Plan of Allocation is set forth on pages 19-27 of the Notice.

 

The Settlement Class consists of:

All Persons and entities who or which purchased or otherwise acquired shares of LifeLock publicly traded common stock and/or call options, and/or sold LifeLock publicly traded put options during the period from July 31, 2014 through July 21, 2015, inclusive, and who were damaged thereby.

If you are a member of the Settlement Class, your legal rights will be affected whether you act or do not act. Please read the Notice to fully understand your rights and options.

Payments to eligible claimants will be made only if the Court approves the Settlement and a plan of allocation, and only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.

 

YOUR LEGAL RIGHTS AND OPTIONS IN THE SETTLEMENT:
SUBMIT A CLAIM FORM ONLINE OR POSTMARKED NO LATER THAN JULY 16, 2020 The deadline has passed.
EXCLUDE YOURSELF FROM THE SETTLEMENT CLASS SO THAT IT IS RECEIVED NO LATER THAN JUNE 30, 2020 The deadline has passed.
OBJECT SO THAT IT IS RECEIVED NO LATER THAN JUNE 30, 2020 The deadline has passed.
GO TO A HEARING ON JULY 21, 2020 AND FILE A NOTICE OF INTENTION TO APPEAR SO THAT IT IS RECEIVED NO LATER THAN JUNE 30, 2020 The deadline to appear at the hearing has passed
DO NOTHING Get no payment AND give up your rights to bring your own individual action.

How do I obtain more information?

Detailed information about the Action and the Settlement is contained in the Notice. Additional information can also be obtained by contacting the Claims Administrator by calling toll-free 1-877-545-0231; or emailing info@LifeLockSecuritiesLitigation.com or mailing a letter to:

 

LifeLock Securities Litigation
c/o JND Legal Administration
PO Box 91368
Seattle, WA 98111

 

Inquiries should NOT be directed to the Court or the Clerk of the Court.

For More Information

Visit this website often to get the most up-to-date information.

Mail

LifeLock Securities Litigation
P.O. Box 91368
Seattle, WA 98111