Tag: Safe Home Security
McGinn Smith Alarm Trading accounts sold for $2m
April 25, 2012Tess Nacelewicz
ALBANY, N.Y.—More than 5,000 alarm accounts managed by McGinn Smith Alarm Trading LLC have been auctioned to Security Systems Inc. of Cromwell, Conn. for more than $2 million, legal documents show.The accounts were auctioned off early this month by the receiver that a court appointed to oversee the assets of Security industry investors Timothy McGinn and David L. Smith—who are battling a civil lawsuit filed by the Securities and Exchange Commission in 2010 that contends they bilked investors...
