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Pre-Paid Prevails in Mississippi Case

Stock quotes in this article: PPD  

Pre-Paid Legal Services (PPD Quote) can now savor a courtroom victory of its own.

The legal services company, dogged for years by lawsuits and complaints about its coverage, won a trial on Tuesday against two plaintiffs in Mississippi. The company successfully defended itself against allegations that it had defrauded the two customers by exaggerating the services provided under its legal policies.

After paying $1.5 million to settle a slew of similar complaints in early 2001, Pre-Paid vowed to fight off copycat lawsuits in court. It has since won dismissals in other big cases -- namely those filed by shareholders and its sales associates -- and can now add a trial victory to its list of achievements. ...

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