Recent events
Recent events tied to this brand in public sources.
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2021
Vivint agrees to $20 million FTC settlement over credit-report allegations
Vivint agreed to pay $20 million as part of a settlement with the FTC over allegations that its sales representatives fraudulently used consumers’ credit reports and personal information to help customers obtain financing. The settlement also provides for employee training and an identity theft program.
2021
Vivint reaches FTC settlement over customer credit information
Vivint Smart Home reached a settlement announced Thursday requiring it to pay $15 million in civil penalties and $5 million to compensate consumers. The FTC alleged that Vivint improperly obtained credit reports to qualify potential customers for financing and violated the Red Flags Rule. Vivint said the practices were historical and that it had begun compliance changes before the FTC review.
2020
Vivint completes merger with Mosaic Acquisition Corp.
Vivint announced that it had completed its merger with Mosaic Acquisition Corp., a special purpose acquisition company.
2020
Vivint Smart Home begins trading on the NYSE
The combined company, Vivint Smart Home, began trading on the New York Stock Exchange under the ticker symbol VVNT. The source says this occurred earlier in the week but does not state a calendar day.