Regulators issue complaint against Pre-Paid Legal

 
By Don Mecoy
Published: November 19, 2009

ADA — The Federal Trade Commission has alleged that Pre-Paid Legal Services Inc. made misleading claims in the marketing of its identity theft products, the Ada-based company disclosed today.

The news sent Pre-Paid shares sharply lower on the New York Stock Exchange . The stock was down 22 percent in early afternoon trading.

A Federal Trade Commission spokesman said the agency does not comment on...


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