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FTC Threatens to Sue Pre-Paid Legal Services Over ID Theft Program

Posted Nov 19, 2009 4:17 PM CDT
By Martha Neil

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Alleging that Pre-Paid Legal Services Inc. made misleading claims to consumers concerning its identity-theft protection service, the Federal Trade Commission has threatened to file suit over the issue.

Pre-Paid disclosed the FTC's threat today, saying that it had received a proposed draft complaint from the federal agency seeking to halt the marketing of the program, reports the Oklahoman.

The company said in a written statement that it expects to defend its interests vigorously, the newspaper reports.

Additional coverage:

Dow Jones Newswires (sub. req.): "Pre-Paid Legal Shares Plunge On FTC Draft Complaint"

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