- Bankruptcy solutions
- RadioShack is auctioning customers’ personal information to pay off its $1.3 billion debt
- RadioShack intends to sell around 65 million customer names and addresses along with 13 million email ids
To cut it short
If you thought your personal data remains confidential when you go shopping, think again. RadioShack’s recent bankruptcy filing puts on auction the company’s trademarks, patents, leases and customer data. Though Standard General has attained the assets, a Texas lawsuit objects the sale of personal data. While the victor claims to gain the data by keeping RadioShack stores open, it is yet to be seen if the appeal satisfies the court.