Case #40


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Pre-Paid Legal Services


Securities Fraud
Fraud & Deceit
Fraudulent Business Practices
Breach of Contract


Pre-Paid Legal Services, a company based in Oklahoma which sells legal "insurance" through a multi-level marketing system, is under investigation by the SEC for securities fraud and a number of class action lawsuits have been filed against the company by consumers and sales agents. The company trades on the New York Stock Exchange (NYSE) as PPD.

NOTE: Prepaid Legal was contacted regarding this case and chose to remain silent.


After posting information on this case and leaving it on the site for the citizens to read and contemplate, a vote was called. The following are the results:

GUILTY AS CHARGED!
Guilty - 47,856 Votes      Not Guilty - 4 Votes


Please send us your thoughts about what would be a proper sentence for The Social Security Administration. We will post the sentence that reflects the majority. Send your sentencing ideas HERE.


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Pre-Paid Legal Services: How the Scheme Works

AP: Pre-Paid Legal to pay $7,000 in Wyoming

Wyoming Settles with Pre-Paid Legal Services

Lieff Cabraser: Pre-Paid Legal Services Investigation

News & Observer: Pre-Paid Legal MLM Draws Fire

Pre-Paid Legal's Legal Troubles


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