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Utah Security Company Settles for $1,000,000 and Five Years of State Supervision

Publication Descriptor Page: Utah Security Company Settles for $1,000,000 and Five Years of State Supervision (2012, October 31) [1195**12] - Electronic Documents of Illinois

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Utah Security Company Settles for $1,000,000 and Five Years of State Supervision (2012, October 31) [1195**12]

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  1. Utah Security Company Settles for $1,000,000 and Five Years of State Supervision (103112IDFPRPinnacleSettlementpressrelease.doc)

 

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Description

State regulators announced today they have reached a long-term settlement agreement with Pinnacle Security, LLC, headquartered in Orem, Utah and licensed to sell home and business security systems in Illinois. The Department of Financial and Professional Regulation (IDFPR) alleged in its order that Pinnacle had sold its services using unfair and deceptive trade practices, knowingly hired unlicensed sales personnel, and allowed employees with criminal histories to sell their products door-to-door to Illinois consumers. The company also slammed consumers by changing their alarm service using fraudulent and deceptive means.

 

Issuing Agency

Illinois Information Service

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Organization: Illinois Department of Financial and Professional Regulation
320 W. Washington
Springfield, IL 62786
 
Phone: 217-785-0800

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  • Language(s): EN-English
  • Creation Date (from issuing agency): 10 31 2012
  • Document Modification Date (from issuing agency): 10 31 2012
  • Date Accepted Into Depository: Thu, 29 Nov 2012 17:13:56 UTC
  • Checksum Algorithm: MD5 SHA1
  • Document File Checksum:
    • 103112IDFPRPinnacleSettlementpressrelease.doc - checksum='307100642' byte count= '260096'