ConsumerDirect Takes Stand to Protect Intellectual Property and Trade Secrets

Complaint Alleges that MyFreeScoreNow Used 10-Year Relationship to Steal Millions of Dollars in Business

ConsumerDirect Inc., an industry leader in helping consumers manage their credit, money and privacy, has filed suit alleging trade secret theft against MyFreeScoreNow Inc. and its founder, Bruce Cornelius, for stealing ConsumerDirect’s valuable trade secrets developed over 20 years. The lawsuit also alleges that MyFreeScoreNow and Cornelius conspired with former ConsumerDirect consultant Justin Wilson to wrongfully divert ConsumerDirect’s business partners using its highly sensitive business information.

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“Intellectual property and trade secrets are the foundation of our business and essential to how we serve customers,” said ConsumerDirect CEO David B. Coulter. “Our company exists to help consumers, not file lawsuits, but we will protect the intellectual property that we have spent tens of millions of dollars and years developing.”

ConsumerDirect is seeking over $20 million in damages plus punitive damages and injunctive relief. The lawsuit is ConsumerDirect, Inc. vs. MyFreeScoreNow Inc., Bruce Cornelius, et al., Orange County Superior Court Case No. 30-2026-01556356-CU-IP-CXC, Santa Ana, California.

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