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Report: #1186574

Complaint Review: First Financial Security Inc. - Norcross Georgia

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  • Reported By: SpeedofLight — California
  • Author Not Confirmed What's this?
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  • First Financial Security Inc. 3550 Engineering Drive, Suite 125 Norcross, Georgia USA

First Financial Security Inc. Life Insurance MLM Scam, Fraud, Class Action Lawsuit Norcross Georgia

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I signed up with First Financial Security as a life insurance agent to generate some additional income to support my family. During my years in First Financial Security, I along with many other agents wrote numerous policies and were promised that we would be paid first year commission and renewal income for the life of the policy.

When I resigned in May of 2014, First Financial Security refused to pay me MY FIRST YEAR COMMISSIONS for all the policies that I have JUST written and delivered prior to my resignation. All of my RENEWAL COMMISSIONS were also STOPPED, in contradiction to what I've been told directly from the Vice President of sales and other executives at First Financial Security.

 First Financial Security owes me thousands of dollars and they have the audacity to send me to a collection agency for a few hundreds in chargebacks. They refuse to properly inform the collection agency on the amount of money that they owe me, and only mention the small chargebacks.

 I would never bring to this to the attention of Ripoff Report if it only happened to me, but FIRST FINANCIAL SECURITY IS WITHOLDING COMMISSIONS FROM HUNDREDS OF OTHER AGENTS WHO HAVE ALSO RESIGNED! We are now a part of a CLASS ACTION LAWSUIT against First Financial Security.

FOR THOSE WHO ARE LOOKING TO JOIN FIRST FINANCIAL SECURITY...PLEASE BEWARE!! AGENTS, WHO ARE ALREADY A PART OF THE ORGANIZATION, SIT DOWN WITH YOUR UPLINE TO GO OVER YOUR CONTRACT LINE BY LINE! AS AN INDEPENDENT CONTRACTOR THROUGH FFS YOU HAVE VERY LITTLE RIGHTS, PROTECT THEM!

 

Kevin Do et al v. First Financial Security, Inc., et al

Defendant: Laura Manzar, Phillip Gerlicher and First Financial Security, Inc.
Plaintiff: Lue Lee, CA 90211, Polly Luangaphay, Tata Insixiengmay-Tran and Kevin Do
 
Case Number: 2:2014cv07608
Filed: September 30, 2014
 
Court: California Central District Court
Presiding Judge: Stephen V. Wilson
Referring Judge: Andrew J. Wistrich

This report was posted on Ripoff Report on 11/03/2014 03:19 PM and is a permanent record located here: https://www.ripoffreport.com/reports/first-financial-security-inc/norcross-georgia-30092/first-financial-security-inc-life-insurance-mlm-scam-fraud-class-action-lawsuit-norcro-1186574. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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