This is a bit dated, but the case it not yet resolved. If you search it its still pending and in mediation. Life360 is looking to limit who it sells the info to in order to resolve the case. There is no debate that they were selling the info.
As a life360 user, I really don't know how any reasonable person in the last 10 years could sign up and not know they're selling location data. It's a free service primarily designed to track your location. I didn't read the terms, I just assumed it to be true.