Vivint Replaces Founder With Former COO, Amid Numerous Illegal Activity Complaints

By Isabella Cheng, Published Jun 08, 2021, 11:02am EDT

Vivint's new CEO is former Vivint COO and Vivint Solar CEO David Bywater. However, Bywater was in charge of operations during both companies' engagement in fraudulent activities, which were later investigated by the US government.

IPVM Image

In this report, IPVM examines this announcement, the pervasive fraudulent activity that occurred under Bywater's leadership, and what this means for Vivint in the future.

Former ****** ***, ****** ***** *** ***** ******* ***** ****** ***

IPVM Image

** **** *, ****, Vivint************** *********** ****** *** *******'* new ***, ********* **** 15. ******* *** *** at ****** **** **** to **** *** *** of ****** ***** **** 2016 ** ****. **** announcement ********** *********** ** **** Pedersen, ******* *** ****** CEO ** ******, ** the **** ***** *** *** *** taking ****** ******* ****** for ******* ************** ****.

***** ******* ** * seasoned ********* **** ********** at ******, ** *** also ** ****** ** operations **** ****** *** Vivint ***** **** ********** fraudulent ******** ********** *** 2010s.

Vivint ***** $** ******* ** *** *** ********* ******* ********

****** *******'* **** ** an ********* ** ****** and ****** *****, **** companies ******* ** ******** that ******** ** *********** fines *** *********** **** the ** **********, ********* the ***, *** **** attorney *******, *** *** Jersey ******** *******.

******* *** *** ** Vivint **** ***** **** started ** ********* **** "hundreds ** *********" ** accounts *** ********* **** bad ****** *** *** not ******* *** ******* financing. ****** **** ***** the ********* ** ***** as ****, *** *******************, *** ********* ** allow ****. ****** ********** paid * ******-******* $** million *** ** *** FTC ** ***** ** May ****.

Vivint ***** ******* **** *** **** ******** ******* **** "*********" *********

** ******* ****, ****** Solar**** $*.** ******* *** as * ************ *** *** **** attorney *******'* (****) ****** after *** ****** ************ Vivint's ******** *********. *** attorney ******* ****** ****** Solar's ********* *** *********** "false, **********, ** *********," including "****************** ***** ********* savings **** ** ***** personnel, ** **** **** marketing *********, *** ** Vivint *****'* *******." *** example, ****** ***** ********** a ** ** **% savings ******** ** ****** rates ******* ** ******* companies *** *** **** writes "*** ****** *** of... ***** ****-***** ******* representations **** ********* *** attainable." *******, ****** ***** would ******** ** ********* these ******* ** ********* even **** ******* ***** fell *** ****** *****'* did ***:

IPVM Image

*** **** ********** **** Vivint ***** *** *** disclose **** ********* ***** be ****** * **% increase ** ***** ******* rate ** *** *** of *** ********* **-**** contract:

IPVM Image

********* **** ******** ****** Solar "****** ** ***** them ******** **** ** review **********" ********* "******** directly ** *** ********* page." **** ********* **** allege **** ****** ****** their **********:

IPVM Image

*** ************* **** ********** that ****** ***** ********* solar ****** "** ***** that **** ** ****** to *********' ***** *** other ***** ** ***** homes" ******* *** ******* would "**** ** ******* some *********' ***** ** ensure **** **** *** fit *** *** ************ of ***** ****** ****** consumers **** *********."

IPVM Image

Vivint ***** ******* **** *** ****** ******** ******* *** ******* *********

** ****, ****** ************ * ******* **** with *** *** ****** attorney ******* (****)*** "********* ***** *********." Many ** *** ****'* allegations **** ******* ** the ****'* ********* *************** overall *******, ******* ** provide ******** *******, *********** workmanship ****** ************ *** failing ** ******* *** consumer **** * ***** view ** *** ********. The **** **** ******* that ****** ***** "******** consumer ******* **** * consumer ********* ****** ******* the ******** ********** * business *********** **** ****** Solar *** ******* *** consumer's *********." ****** ***** paid ~$***,*** ** **** settlement.

Other ****** ********* ********* ********

****** *** **** **** twice ** *** *** deceptive ***** *********, **** in **** *** ***** in ****. ******** ** 2013, ***** ******* *** COO ** ******, ****** sales **** ***** ******* to ** ********** **** ADT ** **** ****** to ********* *********' *****, then **** **** **** to ******, ********* *****'* *********:

******’* ***** ****** *** false ***** ******* **** mislead ***’* ********* **** believing **** *** ****** represent *** ** **** they *** ********* ********** with ***, *** **** they *** ******** ** install *** *** ***** equipment **** ** **** they **** ** *** affiliation

**** ******, *** ****** sign ***’* ********* ** new ********* **** ******.

** ****, ****** ********** paid *** $** ******* USD ** ****** *** lawsuit. *******, ** ****, ADT ************ *********, ******** ******'* ********* practices **** ***** *******, despite *** ******** **** settlement.

****** ***** *** **** engaged ** **** * dozen ******** **** "************ allege ****** ****** ******** contracts ** ********* ******* in ***** ** *********,"********* ** * ************** ******** *****, ***** ******** *** diligence ** ****** *********. 19 ** *** ** lawsuits *** ****** ****** out ********** ******** **** Vivint ***** "******" ******* consumers' ********** ** *** contract. ***** ****, ****** ***** **** forged *** ********* ** a ******** *** ** a ********.

Future ********** *** ****** ***** ****

******'* ******* ****** **** the ******* ** *** looking ******* *** *** leadership *** *** ** plans ** ************* ****** its ********* ******** ** business. ***** *******'* **********, Vivint *** ****** ***** allowed ********* ***** ********* to ********. ** ** unlikely **** ** *** Bywater **** ****** *** strategy *************. ***** ******'* outgoing *** *** **** the ******* *** ***** steps ** "********** *** compliance ********," ** *** not ********** ** **** those ******* ***. ****** off ** ******** ******* for ******* **********, ******'* picking * *** *** who ******* ********** ****** these ******* ********** ** negative *** *** *******.

Vivint ******** ** *******

****** ******** ** ******* to ****'* ******** ****** whether ******* **** ***** fundamental ******* ** ****** in *** **** ** its *********** **** *** US **********.

Vote / ****

Comments (12)

*** ** *** **** to ******* **** **** with ***** **** * gossip.

Agree
Disagree: 2
Informative
Unhelpful: 2
Funny

**** ***** **** * gossip

**** ***** *** *** talking *****? **'* *** CEO's *** ******** *****. Can *** *******?

Agree: 1
Disagree
Informative: 1
Unhelpful
Funny: 1

"**** ***** *** *** talking *****? **'* *** CEO's *** ******** *****. Can *** *******?"

* ******** ******* ** was * ****** **** photo. ** ***** ** didn't **** **** ** wanted ** **** **** up.

Agree
Disagree
Informative
Unhelpful: 2
Funny: 1

** ***** **** *** doesn’t **** **** **’* here ** **** *** your *******.

Agree
Disagree
Informative
Unhelpful
Funny: 1

"*** ** *** **** to ******* **** **** with ***** **** * gossip."

***** *** ** **** particular ********, *** ********* speaking ** * *** to **** * **** at * ***** ** the ****, ** ***** be ** ******* *** premise ** ********* ** the ***** **** **** strong ****** ********** *** those **** *** ***** to ********** ****** ************.

Agree
Disagree
Informative
Unhelpful: 3
Funny

*** *** ******* **** charged **** ******** ********? Or ***** ***** **** as *****? ***** *** the ********** ********** *********** unaccountable “***********” ** ****** for *** **** ***; while ****** ***** ****** only *********** **** **** things ******. ********* ** not **** *********; ****** that *** ***** ********* do. ****** *** *******; not *** ******** ******* of * *******. ** course ***’* ***** *** a ******: ** ***** liability *** ***** ** entrepreneur ** **** ***** one ******** ***** ***. Tough ****…

Agree: 3
Disagree
Informative: 1
Unhelpful
Funny

** *** *** **** charged **** ******** ********. In *** ***/*** ******, $15 ******* *** * civil **** *** $* million ** ***** ******* redress *** *** ***** affected/had ***** ********** ******. It's * ******* ********* for *** ** *** NJ ******** ******* ******* too-- ******* * **** to *** **********, **** some ***** ** ** towards ***** *** **** impacted ** ******'* *******.

Agree
Disagree
Informative: 2
Unhelpful
Funny

****** *** * ****** cap ** *.** ******* and ******* ** $*.** BILLION ** ****. ***** deceptive ******* ****** *** to ******** ********** ** their ****** **** ****** propel **** ** ***** they *** *****.

**** *** ** *** a $*.** **************** ***********...

*** ***** ***** **** companies **** ****'* ***** these ***** ** ****** aren't ******** ******* *********** value. * ** **** that's *** *** **'* look ** **.

Agree
Disagree
Informative
Unhelpful
Funny

"*** ************* **** ********** that ****** ***** ********* solar ****** "** ***** that **** ** ****** to *********' ***** *** other ***** ** ***** homes" ******* *** ******* would "**** ** ******* some *********' ***** ** ensure **** **** *** fit *** *** ************ of ***** ****** ****** consumers **** *********.""

* *****, *****, ** least ** ***'* ** around ******* ***** *** he ****** * *** in * ****, *****? Bywater *** **** ******** better ******, **? ** won't ****** ******** **** forget **** **'** ********** with *** **** ***** pandemic **** **** *** switch ****. ***** ***** will **** ****** ********* with *** *** **** this *** *** ** made ** ** ****. I ****** ***** ******* her ***'* ******* **** out ***** ** ************... You **** *** ******* that ******** *** ******** that ***** ** ******** to *** ****** **** more ***********.... ** ***** that's *** *** **** thing **** **** ** that's **** **** **** other ******** ******. *** contributions..What *** ***** **** again...Ava-something...

***..** ***** ******* *** of **** (******** ** Bywater) **** **** ******** at *** ****** ***** of *** **** ***, compares **, *** *** paid ********** ********, **** fauci. *** **** *** say ** ***** *** cake ******* **** **** little ***** *********** ********** line ** ******** **********, no **** *********** ** Wuhan. *** **** ** them **** ******** **** educated ****. ************* ** a ***** (*** ****, just ******* ** ****** like *** *** ***** to **) *** **** at ***** ****** *** decency ** **** ** how ** **** ** and **** **** **, wait **** *** ***** saying *** ***** ******'* help. * ***'* **** why ** **** ******** wearing * ****(***** ** cover ** *** **** smile ***** ** ****); he *** **** ******* had *** ****** **** of *** ******* **** in ****. **** **** be *** ** *** perks ** **** *** discovered ** ******* **** the ******** ** * weaponized *****; ******* * biologic ********** ******* ** before **'* ******** ** the **** ** **, well ******* **** ****** in ~**** * **** personally. *** * *******.

Agree
Disagree: 2
Informative
Unhelpful: 7
Funny
Agree
Disagree
Informative
Unhelpful
Funny

******'* ******* ****** **** the ******* ** *** looking ******* *** *** leadership *** *** ** plans ** ************* ****** its ********* ******** ** business.

**** **** ***** ********* approach ** ******* ***** business, *** *** **** away ***** ******* ** grow ***** ******** ** all. *** ****** ** supply *** ****, *******, and **** ***********, **** have ** ***** ***** in * *** **** a ****** ***** ******* can't. *** *** *** not ********* **** * business *** *** ****** has. **** ****'** ****, while *********, ** **********; it's **** *** *** I **** ** *** our ****** ********. ** could **** * *** faster ** ** **** their *******.

Agree
Disagree
Informative
Unhelpful
Funny

*************, ****** *** ********* more “****” ** *** traditional “******* *****” ********. More ** **** **** other *** *****.

Agree
Disagree
Informative
Unhelpful
Funny: 1
Read this IPVM report for free.

This article is part of IPVM's 7,338 reports and 973 tests and is only available to subscribers. To get a one-time preview of our work, enter your work email to access the full article.

Already a subscriber? Login here | Join now
Loading Related Reports