Finkelstein Thompson LLP Announces Investigation of Pre-Paid Legal Services
The investigation is focused on the potential unfairness of the deal price to Pre-Paid Legal shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among the Company's Board members. In particular, the consideration offered to Pre-Paid Legal shareholders appears to be 3% lower than the 52-week high trading price for the Company's stock.
If you are interested in discussing your rights as a Pre-Paid Legal shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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...