Tag: The ADT Corp
This Blog's on Fire (And Other Stuff)
Billionaires bet on ADT
March 20, 2013Tess Nacelewicz
I've been writing here about the sunny outlook for The ADT Corp. stock since the newly independent company began publicly trading last fall after spinning off from Tyco International. But don't just take my word for it—apparently 10 billionaires also think ADT is a good investment.
Gurufocus.com, a web site that's oriented toward value investing, noted this week that 10 billionaire investors have all recently invested in Boca Raton, Fla.-based ADT.
Here's more from what Gurufocus had to say:
ADT...
This Blog's on Fire (And Other Stuff)
ADT sued over early termination fees
March 6, 2013Tess Nacelewicz
Early termination fees are pretty much standard in the security industry but now The ADT Corp. is facing a lawsuit over them, I've learned.
Earlier this week two law firms announced the filing of a class action lawsuit in federal court in California on behalf of ADT Home Monitoring Services customers regarding early termination fees, also termed early cancellation fees.
The law offices of Bursor & Fisher and of Jana Eisinger contend in a news release that the fees are illegal and the “lynchpin...