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Illinois fines Pinnacle $1m for alleged deceptive sales practices

October 31, 2012Tess Nacelewicz

I just learned today that summer-sales-model company Pinnacle Security has agreed to pay a $1 million fine in a long-term settlement to the state of Illinois for such alleged violations as “slamming” customers and even hiring felons as sales reps. In reaching the agreement, Pinnacle neither admitted nor denied the allegations. And the company sent me the following statement: Pinnacle Security is pleased that it has come to a settlement with the Department of Financial and Professional...

Illinois Department of Financial and Professional Regulation, Jay Stewart, Lisa Madigan, Pinnacle Security, Security Systems News (SSN)