The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Pre-Paid Legal Services, Inc. (?Pre-Paid Legal? or ?PPD?) (NYSE: PPD) related to the proposed buyout of Pre-Paid Legal by entities related to MidOcean Partners and PPL Acquisition Corp. The definitive acquisition agreement, which was announced on January 31, 2011, involves a transaction valued at approximately $650 million. Under the proposed buyout, Pre-Paid Legal shareholders will receive $66.50 in cash for each share of Pre-Paid Legal/PPD common stock they hold. However, as recently as December 6, 2010, Pre-Paid Legal shares closed as high as $65.77 per share.

The investigation relates to the fairness of the proposed transaction to Pre-Paid Legal shareholders, possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Pre-Paid Legal for approving this transaction, and whether Pre-Paid Legal's Board of Directors acted in the shareholders' best interests.

If you currently own shares of Pre-Paid Legal/PPD and would like additional information regarding this investigation, or if you have information regarding the allegations involved in this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

Powers Taylor, LLP
Patrick Powers, 877-728-9607
patrick@powerstaylor.com
or
The Briscoe Law Firm, PLLC
Willie Briscoe, 877-397-5991
WBriscoe@TheBriscoeLawFirm.com