RadioShack Tables Plans to Sell Customers’ Private Data
The insolvent RadioShack Corporation has tabled plans to sell their customers' private data after the conclusion of a four-day bankruptcy hearing, reported the Texas Office of the Attorney General.
Texas Attorney General Ken Paxton filed an objection to the proposed data sale on March 20 along with support from 35 states and the District of Columbia.
“We’re pleased that RadioShack has tabled plans to offer for sale the personal identifiable information of its customers. We urge RadioShack to make a blanket vow that it will live up to the assurances it provided 117 million customers and entirely rule out any such sale in the future,” read a statement issued by Paxton.
RadioShack filed for bankruptcy this February. However, The Wall Street Journal announced more than 1,500 RadioShack stores would remain open after court approval of a lender take over.
Standard General, the new lender, plans to run the remaining stores in conjunction with Sprint.