Source: 6/15/2009

Pre-Paid Legal Celebrates 10 Years in Canada

On Saturday, June 20, Pre-Paid Legal Services, Inc. (NYSE: PPD) will celebrate the 10th anniversary of the company's launch in the Canadian market in Ontario and the subsequent growth and expansion into three additional Provinces of British Columbia (1999), Alberta and Manitoba (2001).

CEO, Founder & Chairman Harland Stonecipher will attend the day long celebration, which will include a Super Regional meeting of the company's Canadian independent sales associates, a panel program featuring the company's "Canadian Legends" and a gala banquet at the Hilton Garden Inn, 3201 Highway 7, Vaughan, Ontario L4K 5Z7.

Over the past 10 years, PPL Legal Care of Canada, a wholly owned subsidiary of Pre-Paid Legal Services (PPL), has expanded into four Provinces, creating a strong platform for future growth in the Canadian market. PPL Legal Care of Canada currently provides coverage for approximately 25,000 families (customers). In addition, PPL's Independent Sales Associates now number approximately 11,700 in Canada. For the year 2008, PPL collected approximately $8.2 million (including foreign currency adjustments) in membership fees from the four provinces.


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