The [new] owners told customers that they didn’t know about the lifetime subscriptions when they bought VPNSecure, and they cannot honor the purchases.

I’m guessing their legal team consist of a a 19 year old paralegal, or whatever c-suite decided on this did not check with their actual lawyer.

… however, its terms of service names the company “HOLDXB Trading FZCO trading as VPN Secure, IFZA Business Park, Dubai - UAE.”

Aha, yeah they don’t care and the service should be dead to anyone who uses VPN.