Tag: Vision Security
Acquisition pushes NorthStar to more than $2m in RMR
January 21, 2015Amy Canfield
OREM, Utah—NorthStar Alarm has acquired the 8,000 accounts and physical assets of residential alarm security company Vision Security, both based here. It also has acquired an interest in Vision's solar business, which will be run as a separate entity.The purchase will expand NorthStar's security customer base into Maryland, Virginia, Pennsylvania and Minnesota. NorthStar will now service more than 43,000 customers in 24 states, for a total RMR of more than $2 million, according to NorthStar...
This Blog's on Fire (And Other Stuff)
Idaho AG: Door-knocking company must reform sales tactics
August 13, 2014Tess Nacelewicz
I've written before about how ADT filed not just one, but two lawsuits against Orem, Utah-based Vision Security, accusing the door-knocking company of scamming customers. And I've also written about how Vision Security contends it is being unfairly targeted.
Now, a new settlement Vision has reached with the Idaho Office of the Attorney General paints a picture of Vision sales reps engaging in unfair sales practices in that state.
I reached out earlier this week to Vision attorney Sean Brown for that...
ADT offers up to $25K to expose security sales scams
May 28, 2014Tess Nacelewicz
BOCA RATON, Fla.—ADT is offering as much as $25,000 to anyone willing to blow the whistle on security companies that train their door-to-door sales teams to use deceptive sales techniques, the home security giant announced this week.David Bleisch, ADT general counsel, said ADT believes some sales reps working for unethical door-knocking companies want to speak out anyway, so this offer is designed to encourage them to do that. “We want to also provide additional incentive and recognition...
Judge stays ADT's second lawsuit against Vision Security
April 30, 2014Tess Nacelewicz
OREM, Utah and BOCA RATON, Fla.—A federal judge has put a 45-day hold on a second lawsuit that ADT had brought against Utah-based Vision Security over alleged deceptive sales practices. During that time, the two companies must follow a recent settlement agreement ADT worked out with Vision after ADT previously sued that door-knocking company on very similar charges.Florida-based ADT declined to comment to Security Systems News, saying, “it would be inappropriate for us to comment on a...
This Blog's on Fire (And Other Stuff)
ADT adds 100,000 customers in fiscal 2013 and its Devcon buy boosts its RMR, but attrition climbs to 13.9 percent
November 20, 2013Tess Nacelewicz
Just about one year after The ADT Corp. split from Tyco International and became a stand-alone, publicly traded company, the company reported today that its RMR climbed 4.7 percent in Q4 and that the rise was helped by its acquisition of Devcon Security this summer.
Boca Raton, Fla.-based ADT, which officially became independent Sept. 28, 2012, reported its Q4 and fiscal year 2013 results today. It added 100,000 subscribers in 2013, bringing its total customer based to 6.5 million, the company said.
ADT...
ADT sues Vision—again—over alleged deceptive sales practices
November 18, 2013Tess Nacelewicz
BOCA RATON, Fla.—Just months after settling one lawsuit with Utah-based Vision Security over what The ADT Corp. characterized as Vision's deceptive sales pitches, ADT announced today that it has filed a second lawsuit accusing Vision of similar practices.That latest filing seeks to prohibit sales representatives of Vision, a door-knocking company based in Orem, Utah, from using deceptive sales techniques, and to obtain further damages and attorney fees.The new lawsuit comes shortly after Vision...
Vision wages legal battle over negative posting on Ripoff Report
October 30, 2013Tess Nacelewicz
OREM, Utah—Vision Security, a summer-sales home security/home automation company here, is suing Ripoff Report, charging that the website is refusing to remove false and defamatory statements about Vision even after the author of the posting has since stated they aren't true. Also, Vision contends, Ripoff Report won't refute the comments unless Vision pays the site a fee.
The lawsuit was filed earlier this month in federal court in Utah against XCentric Ventures, the Arizona-based...
ADT settles its lawsuits against Vision Security and Security One over deceptive sales practices
October 10, 2013SSN Staff
BOCA RATON, Fla.—ADT announced today that it has settled its lawsuit against Florida-based Security Networks and its Utah-based affiliate Vision Security, requiring those companies to pay $2.2 million in damages. Separately, ADT also settled its lawsuit against California-based Security One, requiring it to pay $1.5 million in damages, according to a news release. The lawsuits claimed that Security Networks, Vision Security and Security One misled ADT customers to believe the companies were...
Security companies grow fast, again in 2012
August 22, 2013Martha Entwistle
NEW YORK—The 2013 Inc. 5,000 list has been released and, again this year many security companies made the list, which ranks businesses based on self-reported growth data.Topping the list of included security companies was Security Hunter of Baltimore, Md. At number 551, it had $21.8 million in revenue in 2012, a three-year growth of 820 percent over its $2.4 million in 2009 revenue. Founded in 1988, the company manufacturers and installs electronic and physical security systems used by federal...
Vision Security gets new $35m credit facility, new president
April 17, 2013Tess Nacelewicz
LAS VEGAS—Vision Security's new $35 million credit facility will strengthen the company's unique “hybrid” business strategy of being both Security Networks' leading dealer and retaining some accounts in house, according to Vision founder and CEO Rob Harris.“This new credit facility allows us to keep more of the accounts we create,” Harris told Security Systems News at the ISC West show, held here last week. “Whereas in the last few years we've created a lot of...