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SAFE Security Wins Lawsuit Against Alder/Alarm Protection Technology

San Ramon, CA, March 29, 2017 –


After a two week trial in Anchorage, the United States District Court for the District of Alaska has entered a judgment for just under $1.5 million in compensatory and punitive damages to Plaintiff, Security Alarm Financing Enterprises, LP (SAFE), in its case against Defendants, Alder Holdings, LLC, Alarm Protection Technology, LLC, Alarm Protection Technology Alaska, LLC, and Alarm Protection Alaska, LLC.

The unanimous (8-0) federal jury found Defendants’ liable on all four of SAFE’s causes of action, including, false association, unfair or deceptive trade acts or practices, misappropriation of trade secrets, and defamation.

SAFE’s lead counsel in this case was Bob Sallander of Greenan, Peffer, Sallander & Lally LLP, and the court will now take under consideration SAFE’s request for attorneys’ fees and costs related to the action.

For additional information, read the full article on the SDM website.

 
 
December 31, 2014 SAFE Security appoints Babe Kilgore new director of national sales. Read more  
 
December 19, 2014 Citizens Bank leads six-bank syndicate to provide new senior secured credit facility to SAFE Security. Read more  
 
August 21, 2014 SAFE Security acquires Safeguard Security (correction). Read more  
August 20, 2014 SAFE Security acquires Safeguard Security. Read more  
 
August 26, 2013 SAFE Security celebrates 25th Anniversary. Read more  
 
August 20, 2013 Jess Alvarado joins SAFE Security as CFO. Read more  
 
August 14, 2013 SAFE promotes Randy Perkins to Executive Vice President and COO.  Read more  
 
February 5, 2013 SAFE Security acquires 24,000 subscriber accounts.  SAFE Security announced today that it has acquired approximately 24,000 security alarm monitoring subscriber accounts representing $1.1 million of Recurring Monthly Revenue (RMR) from Utah-based Pinnacle Security. Read more  
 
December 12, 2012 Action Alarm Solutions, a member of the SAFE Security Dealer Network, earns esteemed Angie's List Super Service Award. Read more  
 
November 7, 2012 Chancy Pray named Director of National Sales. Read more  
 
April 6, 2012 SAFE Launches SAFE Dealer Network to industry. Read more  
 
April 2, 2012 SAFE Security moves central station to Corporate Offices. Read more  
 
 
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