The decision comes amid a bevy of media stories scrutinizing his past, including three bankruptcies, a short stint in jail and 1996 Federal Trade Commission charges of false advertising in a prior business. Employees of the identity theft-prevention firm were notified Monday of Maynard's resignation. LifeLock officials said Maynard wanted to spend more time with his family and the constant barrage of media inquiries "had become a major addition to his already heavy work load, as well as a distraction for the company."