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

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

** **** *, ****, ******************** *********** ****** *** *******'* *** ***, effective **** **. ******* *** *** at ****** **** **** ** **** and *** ** ****** ***** **** 2016 ** ****. **** ************ ********** *********** ** **** ********, ******* *** ****** *** ** Vivint, ** *** **** ***** *** *** *** ****** ****** against ****** *** ******* ************** ****.

***** ******* ** * ******** ********* with ********** ** ******, ** *** also ** ****** ** ********** **** Vivint *** ****** ***** **** ********** fraudulent ******** ********** *** *****.

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

****** *******'* **** ** ** ********* at ****** *** ****** *****, **** companies ******* ** ******** **** ******** in *********** ***** *** *********** **** the ** **********, ********* *** ***, New **** ******** *******, *** *** Jersey ******** *******.

******* *** *** ** ****** **** sales **** ******* ** ********* **** "hundreds ** *********" ** ******** *** customers **** *** ****** *** *** not ******* *** ******* *********. ****** knew ***** *** ********* ** ***** as ****, *** *******************, *** ********* ** ***** ****. Vivint ********** **** * ******-******* $** million *** ** *** *** ** fines ** *** ****.

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

** ******* ****, ****** ********* $*.** ******* *** ** * settlement** *** *** **** ******** *******'* (NYAG) ****** ***** *** ****** ************ Vivint's ******** *********. *** ******** ******* called ****** *****'* ********* *** *********** "false, **********, ** *********," ********* "****************** about ********* ******* **** ** ***** personnel, ** **** **** ********* *********, and ** ****** *****'* *******." *** example, ****** ***** ********** * ** to **% ******* ******** ** ****** rates ******* ** ******* ********* *** the **** ****** "*** ****** *** of... ***** ****-***** ******* *************** **** generally *** **********." *******, ****** ***** would ******** ** ********* ***** ******* to ********* **** **** ******* ***** fell *** ****** *****'* *** ***:

*** **** ********** **** ****** ***** did *** ******** **** ********* ***** be ****** * **% ******** ** their ******* **** ** *** *** of *** ********* **-**** ********:

********* **** ******** ****** ***** "****** to ***** **** ******** **** ** review **********" ********* "******** ******** ** the ********* ****." **** ********* **** allege **** ****** ****** ***** **********:

*** ************* **** ********** **** ****** Solar ********* ***** ****** "** ***** that **** ** ****** ** *********' roofs *** ***** ***** ** ***** homes" ******* *** ******* ***** "**** to ******* **** *********' ***** ** ensure **** **** *** *** *** the ************ ** ***** ****** ****** consumers **** *********."

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

** ****, ****** ************ * ******* **** **** *** New ****** ******** ******* (****)*** "********* ***** *********." **** ** the ****'* *********** **** ******* ** the ****'* ********* *************** ******* *******, failing ** ******* ******** *******, *********** workmanship ****** ************ *** ******* ** provide *** ******** **** * ***** view ** *** ********. *** **** also ******* **** ****** ***** "******** consumer ******* **** * ******** ********* agency ******* *** ******** ********** * business *********** **** ****** ***** *** without *** ********'* *********." ****** ***** paid ~$***,*** ** **** **********.

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

****** *** **** **** ***** ** ADT *** ********* ***** *********, **** in **** *** ***** ** ****. Starting ** ****, ***** ******* *** COO ** ******, ****** ***** **** would ******* ** ** ********** **** ADT ** **** ****** ** ********* customers' *****, **** **** **** **** to ******, ********* *****'* *********:

******’* ***** ****** *** ***** ***** pitches **** ******* ***’* ********* **** believing **** *** ****** ********* *** or **** **** *** ********* ********** with ***, *** **** **** *** visiting ** ******* *** *** ***** equipment **** ** **** **** **** no *** ***********

**** ******, *** ****** **** ***’* customers ** *** ********* **** ******.

** ****, ****** ********** **** *** $10 ******* *** ** ****** *** lawsuit. *******, ** ****, *** ************ *********, ******** ******'* ********* ********* **** never *******, ******* *** ******** **** settlement.

****** ***** *** **** ******* ** over * ***** ******** **** "************ allege ****** ****** ******** ********* ** otherwise ******* ** ***** ** *********,"********* ** * ************** ******** *****, ***** ******** *** ********* ** public *********. ** ** *** ** lawsuits *** ****** ****** *** ********** complain **** ****** ***** "******" ******* consumers' ********** ** *** ********. ***** ****, ****** ***** **** ****** *** signature ** * ******** *** ** a ********.

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

******'* ******* ****** **** *** ******* is *** ******* ******* *** *** leadership *** *** ** ***** ** fundamentally ****** *** ********* ******** ** business. ***** *******'* **********, ****** *** Vivint ***** ******* ********* ***** ********* to ********. ** ** ******** **** as *** ******* **** ****** *** strategy *************. ***** ******'* ******** *** has **** *** ******* *** ***** steps ** "********** *** ********** ********," he *** *** ********** ** **** those ******* ***. ****** *** ** multiple ******* *** ******* **********, ******'* picking * *** *** *** ******* operations ****** ***** ******* ********** ** negative *** *** *******.

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

****** ******** ** ******* ** ****'* question ****** ******* ******* **** ***** fundamental ******* ** ****** ** *** wake ** *** *********** **** *** US **********.

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