FTC may sue Pre-Paid Legal Services ID Theft Program

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FTC may sue Pre-Paid Legal Services ID Theft Program November 19th, 2009 Keith Lubsen The FTC sent Pre-Paid Legal Services (NYSE: PPD) a draft of a potential lawsuit which they may file over misleading representations in the companies identity theft prevention products. *FTC may sue Pre-Paid Legal Services ID Theft Program* Pre-Paid Legal Services shares fell over 19 percent Thursday upon the news of the potential suit to $33.27 per share. Pre-Paid Legal Services identity theft products monitors credit reports and helps victims of identity theft restore their credit rating. Ada, Oklahoma based Pre-Paid Legal Services Harland Stonecipher (CEO) and Mark Brown (CMO) were named as defendants in the FTC draft lawsuit.

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