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With hundreds of companies analyzed, there is one that has emerged as a model for the 21st century.

Might you like to work with Lou Abbott and the Whole Truth Marketing Team?

Email for an appointment to learn more.
 

Pre-Paid Legal Services®, Inc.

 

"Pre-Paid Legal Services, Inc., was formed in 1972 by Harland C. Stonecipher.

"It was started all because of an accident ... since that time, the product has evolved steadily over the years into one of the most comprehensive legal service plans in the industry. 

Company mission is making a difference while making a living, and with the addition of the Identity theft shield Prepaid Legal Services is allowing over 1.5 million families to sleep better ... 

Since inception, Prepaid Legal ... the leader in the industry in the USA and Canada. Prepaid Legal is traded on the NYSE, under PPD, and because of the massive market the company has experienced over 11 straight years of growth ... less than a 2% market penetration. We are very excited about the future ..." -- Executive Leader Jason Buckner

 

Pre-Paid Legal Trading Symbol:  PPD -  NYSE

Founder: Harland Stonecipher - Chairman, Chief Executive Officer, and President of the Company

Comp Plan: Stairstep breakaway

Company Site

 

PrePaid Legal News

 

Pre-Paid Legal Services 2Qtr profit rises 14 percent
Associated Press 07.28.08  Pre-Paid Legal Services ... on Monday posted a 14 % rise in second-quarter profit as its membership rose and costs declined ...

 

Pre-Paid Legal Services Announces 2008 Second Quarter Membership Decreases ... FOXBusiness - USA ADA, OK, July 1, 2008 (Canada NewsWire via COMTEX) ----Pre-Paid Legal Services reported new memberships produced and new sales ... new sales associates enrolled decreased 31.6 percent compared to 2nd quarter of 2007.  Memberships produced decreased by 8.0 percent while new membership fees written decreased by 7.1 percent and our active membership base increased 0.5 percent compared to the comparable period of the previous year.

 

Industry Analyst Len Clements Blasts Minkow
June 24th, 2008
No one does a better job of defending the industry than Len Clements.  Read his latest alert that deals with the unprecedented attacks on Usana, Herbalife, PPL in an apparent effort to drive down stock values.

 

PrePaid Legal Announces Completion of 10 Million  Dollars in Financing
CNNMoney.com (press release) - USA  June 06, 2008
ADA, Okla.   -- ...will use proceeds from the new financing to fund additional treasury stock purchases ... Since April 1999, the Company has purchased 13.2 million shares, totaling $385.3 million, or an average cost per share of $29.18 per share. As a result of this aggressive treasury stock purchase program, the Company has reduced shares outstanding by approximately 50 percent during this time ...
 

Pre-Paid Legal Services Announces 2008 1st Quarter Membership and ...
PR Newswire (press release) - New York, NY April 1, 2008
ADA, Okla., April 1, 2008 /PRNewswire-FirstCall/ -- Pre-Paid Legal Services, Inc. NYSE: PPD, reported new memberships produced and new sales associates ...

 

Pre-Paid Legal Services Defeats the Shorts, According to Flaherty Financ. News - WEST HARRISON, N.Y. - (Business Wire) - July 13, 2007 - Flaherty Financial News first issue is devoted to an overview of the bitter seven-year bear raid at Pre-Paid Legal Services. Flaherty's conclusion: the short sellers have finally been defeated and are in full retreat as PPD shares have hit record levels. The once bloated short position of 11.7 million shares has shrunk 88% to only 1.4 million shares...

 

Pre-Paid Legal Services Enjoys Great Business Model, Few Competitors  Posted on May 18th, 2007 with stocks: PPD Seeking Alpha - New York, NY, USA  Alex Shadunsky submits: Pre-Paid Legal Services (PPD) ... sells exactly what its name states, pre-paid legal services. ...

 

Pre-Paid Legal cancels buy-back plan [Registration Required]  Source: Oklahoma City Daily Oklahoman, NewsOK.com, News9 (OK) 11/15/06 7:45 AM (468714266)
Pre-Paid Legal Services on Tuesday abruptly canceled a planned stock purchase just four days after announcing it would pay $27.4 million to buy 12 percent of four company insiders' holdings. ...  executives acknowledge that the stock buy-back could hurt short sellers, who are betting that share prices will fall.

 

Strange Doings Afoot At Pre-Paid Legal  Seeking Alpha  Posted on Nov 13th, 2006 ... Pre-Paid Legal (PPD) announced a share buy back of 639,000 shares from four insiders. The deal was priced by the closing trade on Friday. Approved by the Board, the purchase represents 11 to 12 days of trading volume according to the trailing 3 month daily volume average. ... The company apparently did not want to sell the shares on the open market. Hmm.

 

Business down at legal company  Oklahoma City Daily Oklahoman, NewsOK.com, News9 7/4/06 7:42 AM  ... sales associates recruited during the quarter to Pre-Paid's multilevel marketing network totaled 45,517, a 53 percent decline from the number that signed up in the ...

 

Pre-Paid Legal Toll Mounts  TheStreet.com 12/15/05 9:56 AM  ... grow the customer base. It relies heavily on multilevel marketing, a controversial selling strategy made famous by Amway. Go to RELATED STORIES Market Features ...

 

Verdict Hammers Pre-Paid  Yahoo! News  11/16/05 3:20 PM  ... the opportunity to sell its policies through the multilevel marketing technique made famous by Amway. Pre-Paid critics claim that the company targets the working poor, ...

 

Pre-Paid Legal Services, Inc. Announces Litigation Developments  September 12, 2005   Pre-Paid Legal Services, Inc. announced that a putative class action lawsuit originally filed in 2002 in the United States District Court for the Western District of Oklahoma against it and certain of its executive officers in the matter of Caroline Sandler, et al. v. Pre-Paid Legal Services Inc., et al has been dismissed voluntarily. This case involved various claims on behalf of associates relating to the Company's marketing plan. The Company also announced recent post trial developments in a Mississippi lawsuit, Laura Bradley et al. v. Pre-Paid. In a ruling last month, the Judge overturned the jury's finding of fraud and fraudulent misrepresentation on the grounds that the evidence was insufficient to support those claims, and reduced the damages awarded by the jury in the total amount of $45,000 to a total of $524.95.

 

Sep 9, 2004
PRE-PAID LEGAL SERVICES REPORTS CLASS CERTIFICATION DENIED

 

All Pre-Paid Legal Press Releases

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