#Video plus prepaid legal registration

I believe this resulted in the pulling of PrePaid Legal from the stock exchange, being owned by MidOcean Partners it was no longer publicly traded.ДЇinally in September 2011 MidOcean Partners announced that they would be rebranding PrePaid Legal as Legal Shield and currently thatвЂ™s where we sit today.

#Video plus prepaid legal registration

In July 2011 PrePaid Legal applied for a Termination of Registration of a Class of Security, which is an application for вЂ exceptions to the normal filing requirements for registering a security with the SECвЂ™ ( Investopedia). The deal between PrePaid Legal and MidOcean Partners and PrePaid Legal was finalised in June 2011 and the company handed over. In January 2011 PrePaid Legal and MidOcean Partners got together and agreed upon the sale of PrePaid Legal to MidOcean Partners, a private equity firm.

In 1984 PrePaid Legal went public on the NASDAQ National Market System and in 1999 it was listed on the New York Stock Exchange, where it remained until 2011. The SportsmanвЂ™s Motor Club continued on for 11 years relying on a traditional sales model before adopting a MLM style business model and compensation plan in 1983. Way back in 1969 Stonecipher was in a car accident.ДЇrustrated at the lack of legal insurance options available at the time, Stonecipher started up вЂThe SportsmanвЂ™s Motor ClubвЂ™ in 1972 offering members вЂ legal expense reimbursement servicesвЂ. Prepaid Legal was a MLM company founded in 1983 by Harland Stonecipher (no thatвЂ™s not a made up name).