Pre-Paid Legal Services – 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 – 29 Votes