PRE PAID LEGAL SERVICES news and press releases
Company announcements, direct sales updates and archived press coverage for PRE PAID LEGAL SERVICES.
PRE PAID LEGAL SERVICES news archive
Pre-Paid Legal Completes 10 Mil Financing
Pre-Paid Legal Services, Inc. (NYSE: PPD) announced that we have received additional financing from Bank of Oklahoma for $10 million on an unsecured basis repayable in 12 equal monthly payments beginning June 30, 2008, together with interest at LIBOR plus 165 basis points. The $10 million has been...
Pre-Paid Legal Announces Year End 2007 Results
Pre-Paid Legal Services, Inc. (NYSE: PPD), announced results for the fourth quarter and year ended December 31, 2007. Net income for the fourth quarter of 2007 decreased 11% to $11.7 million from $13.2 million for the prior year's fourth quarter due to a fourth quarter 2007 charge of $2.9 million...
Pre-Paid Legal Fails to Prove Damages
Pre-Paid Legal Services Inc. failed to prove it was damaged by a Mississippi lawyer's soliciting its members for possible legal action against the company, the 5th U.S. Circuit Court of Appeals has ruled. The 5th Circuit upheld a Mississippi judge's dismissal of the lawsuit filed by Pre-Paid Legal...
Pre-Paid Legal Q4 Reports Memberships and Recruiting Rise
Pre-Paid Legal Services Inc. (PPD | charts | news | PowerRating) reported that the fourth quarter new sales associates enrolled increased 2% to 36,029 from 35,311 in the prior year quarter. New memberships produced for the quarter rose 7% to 150,100 from 139,638 in the last year quarter. For fiscal...
Pre-Paid Legal Announces 2007 3rd Quarter Results
ADA, Okla., Oct. 22 /CNW/ -- Pre-Paid Legal Services, Inc. (NYSE: PPD), announced financial results for the third quarter ended September 30, 2007. Membership revenues increased 4% to $107.7 million from $103.6 million for the same period last year. Net income decreased 14% to $11.6 million from...
Quarterly Profits Dip at Pre-Paid Legal
Higher commission payments and marketing expenses, in part, led to a 14 percent drop in third-quarter net income for Pre-Paid Legal Services Inc. On Monday, the Ada-based company reported that its quarterly net income fell to $11.6 million, or 88 cents per diluted share, down from $13.4 million, or...
Pre-Paid Legal Launches National Media Campaign
Pre-Paid Legal Services, Inc. Chairman & CEO Harland Stonecipher has announced the company's launch of our national media campaign Saturday, September 29, 2007 on Court TV at 11:00 a.m. Eastern, 10:00 a.m. Central, 9:00 a.m. Mountain and 11:00 a.m. Pacific. "The purpose of the campaign, entitled...
Pre-Paid Legal Posts Rise In New Associates
Pre-Paid Legal Services, Inc. on Monday revealed new memberships produced and new sales associates enrolled for the 2007 third quarter, reporting a 2.7% rise in new sales associates enrolled for the period, compared to the third quarter last year. Memberships produced decreased by 0.7% while new...
Pre-Paid Legal Announces Board Members
Pre-Paid Legal Services, Inc. (NYSE: PPD), today announced that Duke R. Ligon was elected to our Board of Directors at today's annual shareholders' meeting. Mr. Ligon was also appointed by the Board to the Nominating and Compensation Committees. Shareholders also re-elected Messrs. Grunebaum and...
Pre-Paid Legal Makes Appearance on Star Stocks
Surprises are part of the game when it comes to picking stocks. Sometimes this can mean bad news -- say, one of your top stocks revealing that its management has been backdating options. Other times, though, the market gets caught off-guard by positive surprises from stocks that most investors...