Rigrodsky & Long, P.A. Investigates Pre-Paid Legal Services, Inc. Buyout

  • Do you own Pre-Paid Legal Services, Inc. common stock?
  • Did you purchase your shares prior to January 30, 2011?
  • Do you feel the Company's sale to MidOcean Partners is unfair?
  • Do you want to discuss your rights?

If the answer to these questions is "yes," please contact the deal lawyers at Rigrodsky & Long, P.A. ("R & L") today to schedule a FREE consultation. Just call us, or fill out our contact form so that we can call at your convenience. Your consultation will not create any obligation to use our services at any time.

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R & L is national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of Pre-Paid Legal Services, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by MidOcean Partners in a transaction valued at approximately $650 million.

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Rigrodsky & Long, P.A. Investigates Pre-Paid Legal Services, Inc. Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Pre-Paid Legal Services, Inc. (“Pre-Paid Legal” or the “Company”) (NYSE: PPD) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by MidOcean Partners (“MidOcean”) in a transaction valued at approximately $650 million.

Under the proposed agreement, MidOcean will acquire all of the outstanding common shares of Pre-Paid Legal for $66.50 per share in cash.

The investigation concerns whether Pre-Paid Legal’s board of directors failed to adequately shop the Company and obtain the best price possible for Pre-Paid Legal’s shareholders before entering into the agreement with MidOcean. 

If you own the common stock of Pre-Paid Legal and purchased your shares before January 30, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

R & L, with offices in Delaware and New York, litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

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