Source: 5/3/2006

Pre-Paid Legal Founder Harland Stonechipher

Source: Ada Evening News

Harland Stonecipher deserving of honor

"If a man write a better book, preach a better sermon, or make a better mouse-trap than his neighbor, tho' he build his house in the woods, the world will make a beaten path to his door."

So said Ralph Waldo Emerson, famous American writer and commentator many years ago.

So it was then. So it is today.

But when Harland Stonecipher started his company, Pre-Paid Legal Services, Inc., there was no "mousetrap," so to speak, of any kind. His unique vision of supplying a legal services protection plan to the nation was a first. What Stonecipher did was survey the American scene and come to the realization that ours had become a litigious society. People sued at the drop of a hat for almost any reason, and sometimes for no apparent reason.

Incidents that would have been shrugged off and forgotten in a previous era were filling our courts with defendants who had never considered hiring an attorney before they needed one. And many needed one. Worse, what they were finding in their current legal emergency was that hiring an attorney can be a prohibitively costly ordeal in which they had no idea if they were getting their money's worth.


Related News

  • Pre Paid Legal To Host Convention
    Following the recent announcement of the proposed merger acquisition by MidOcean Partners, Pre-Paid Legal Services, Inc. will march into the 2011 International Convention in Oklahoma City, April 7-9 with an ambitious agenda that focuses on both the future of the company and its history as a pioneer ...  Read More...
  • Finkelstein Thompson LLP Announces Investigation of Pre-Paid Legal Services
    WASHINGTON--(BUSINESS WIRE)--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Pre-Paid Legal Services, Inc. ("Pre-Paid Legal" or the "Company") (NYSE:PPD) concerning the proposed acquisition of the Company by MidOcean Partners. Under the terms of the offer, Pre...  Read More...
  • Pre-Paid Legal Announces Update on SEC Subpoena
    Pre-Paid Legal Services, Inc.announced that, as a part of an ongoing inquiry by the Division of Enforcement of the Securities and Exchange Commission ("SEC"), we received an additional subpoena from the SEC on April 13, 2010. The subpoena requests us to provide documents relating to certain membersh...  Read More...
  • Pre-Paid Legal documents subpoenaed by SEC
    In an April 15, 2010 article by The Associated Press, Pre-Paid Legal has been subpoenaed by the Securities and Exchange Commission to produce documents related to complaints by customers, CEO Harland C. Stonecipher's resignation, and other issues.Replacing the 71 year old Mr. Stonecipher are two ...  Read More...



New Companies on Npros

Receive News and
Updates from

 Send me news updates
 Send me New Companies

RSS Npros News Feed