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This is an old revision of this page, as edited by MaryGaulke (talk | contribs) at 00:42, 22 September 2021 (→2021 COI edit requests: new section). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

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COI edit requests

Hi! I'm posting here on behalf of LegalShield with some requests. (I've also mocked up all my requests here, if it's helpful while reviewing.)

Lead

  • This one is tough to source well, but I think it makes sense to replace "Multi-level marketing" with "Identity theft protection" in the "Industry" field of the infobox. Since LegalShield is a private company, I can't point to any public statements on this, but it's been a while since MLM has been the core of LegalShield's business model, and the contemporary coverage of the company in WP:RS reflects that. (More info on this is in the subsequent requests; just wanted to order these edits in the order in which they appear in the article.)
 Done I went back-and-forth on this, but ultimately decided to accept this. There is sufficient evidence that the company did operate as an MLM company but sources have been provided that state the company has changed its business model away from this. I would be in favour of adding it back in if sources confirm it is still an MLM. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]
 Done but did not include the reference as ledes are supposed to be summaries of the article and thus avoid using references. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]

Company description

  • I would change the section title to, perhaps, "Services".
 Not done not needed. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]
  • Update
The company also markets an identity theft monitoring and restoration service through its partnership with Kroll Inc.[4]
(LegalShield no longer has a relationship with Kroll, and this product has evolved) to
The company also markets IDShield, a privacy and reputation management service that also provides identity theft monitoring and restoration.[5][6]
 Done Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]
  • Update
The company's membership plans are sold as employee benefits and directly through its multi-level marketing division.[7]
(dead source link) to
The company's membership plans are sold as employee benefits and directly to consumers.[2]
 Done The link is not dead for me, but the CBC article is from 2000. ABAJournal is more up-to-date.Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]
Side note: I moved the company description to under the history section, as this is usually how articles are structured. I was also concerned about the removal of the CBC reference so I used the reference in the History section. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]

History

  • Update
Pre-Paid Legal began using "network marketing" (multi-level marketing or MLM) in 1983. The next year, the company went public.[8]
to
Pre-Paid Legal went public in 1984.[8]
(The first sentence in the current article isn't backed up by the source, nor could I find another source for it.)
 Done the adanews source did not support the statement. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]
  • Add:
In 1999, the company began providing a "Legal Shield" card that offered the holder access to 24-hour legal services in the event of the holder's arrest or other interaction with law enforcement.[9] Pre-Paid Legal expanded the Legal Shield offering in 2000 by extending it to customers in Illinois. The company marketed the service as particularly valuable to minorities and other people who experience frequent harassment during traffic stops.[10]
 Not done This product is not notable and doesn't require mention in the article. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]

Controversies

  • In first paragraph, in second sentence, update
Pre-Paid paid $4,000 in lieu of civil penalties, reimbursed the state for $1,000 in costs, and refunded $2,000 to participants who claimed the company had misled them.[11][12]
to
Pre-Paid denied violating the law, but agreed to adjust its marketing messaging and pay $7,000, including $2,000 refunded to participants who alleged the company had misled them.[13][14]
(The Deseret News source doesn't contain information beyond "For example, a Wyoming attorney general investigation in 2001 led to fines for Pre-Paid Legal Services for its multilevel marketing system." I swapped in a more detailed source and additional information from it.)
Green tickY Done Pelagic ( messages ) – (07:36 Thu 03, AEDT) 20:36, 2 December 2020 (UTC)[reply]
  • In first paragraph, right before "Pre-Paid did not file...", add:
Deloitte & Touche, Pre-Paid's accounting firm at the time, publicly disagreed with the SEC's decision, a move The New York Times called "extremely rare".[15]
 Not done too much detail, this is not needed. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]
  • Update
Pre-Paid did not file its financial statements for 2000 until February 2002.
to
In April 2001, Pre-Paid announced that it was updating how the company accounted for commission payments and restating previously reported financial results for the previous year in response to "preliminary comments" from the SEC.[16] Pre-Paid filed its amended financial statements for 2000 in February 2002.
I changed it to "As a result, Pre-Paid amended its reporting and filed its 2000 financial statements in February 2002." Someone with access to WSJ might like to add the extra detail. Pelagic ( messages ) – (07:36 Thu 03, AEDT) 20:36, 2 December 2020 (UTC)[reply]
  • Add to beginning of second paragraph: The Oklahoma State Chamber of Commerce gave Pre-Paid Legal its "Line in the Sand" award in 2002 for fighting lawsuits it deemed frivolous.[17][18]
 Not done This award is not notable. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]
  • In second paragraph, updated "In 2004, approximately 250 plaintiffs..." to "By 2004, approximately 250 plaintiffs..." (which is more accurate, per source).
Red XN Not done, the Times says "In 2004, over 29 separate lawsuits involving more than 250 plaintiffs were filed against the company in Alabama". Pelagic ( messages ) – (17:47 Thu 03, AEDT) 06:47, 3 December 2020 (UTC)[reply]
Green tickY Done. Pelagic ( messages ) – (17:47 Thu 03, AEDT) 06:47, 3 December 2020 (UTC)[reply]
  • Add to end of second paragraph: In a May 2006 letter to shareholders, Stonecipher attributed the increase in lawsuits to pressure from short sellers. At the time, shorts controlled one-third of Pre-Paid's outstanding shares on the New York Stock Exchange.[19]
 Not done This seems to be going into too much detail about the company's operations and I'm not sure why this belongs here. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]
  • In third paragraph, add after Pre-Paid's independent auditor was unable to approve the company's 2004 financial statements because of "material weaknesses" related to the processing of commissions.[20]:
Two weeks later, Pre-Paid filed 2004 financial statements approved by its auditor, Grant Thornton.[21]
Green tickY Done, but wonder whether a two-week delay is that notable, except that it leads in to the following sentence about changed FTC rules. Perhaps other editors could consider restructuring or removing the paragraph. Pelagic ( messages ) – (07:58 Thu 03, AEDT) 20:58, 2 December 2020 (UTC)[reply]

LegalShield

  • Add to end of subsection:
Stone Point Capital, another private equity firm, purchased a majority stake in LegalShield from MidOcean Partners in 2018.[22] In 2019, the company expanded into the UK with the launch of the LegalDefence app[3][23] and expanded its offerings in Canada.[24]
Green tickY Done, but with different wording re. UK, and left out the part about new product offerings in Canada (a statement about when they started operating in Canada would be better, if a source can be found). Pelagic ( messages ) – (17:11 Thu 03, AEDT) 06:11, 3 December 2020 (UTC)[reply]

References

  1. ^ "Executive Team". LegalShield. Retrieved 22 July 2020.
  2. ^ a b Weiss, Debra Cassens (7 April 2016). "Insurer offers legal insurance directly to consumers for $16.25 a month". ABA Journal. Retrieved 24 June 2020.
  3. ^ a b Rose, Neil (29 November 2018). "Slater & Gordon backs app offering legal advice for £24 a month". Legal Futures. Retrieved 24 June 2020.
  4. ^ "Pre-Paid Legal Services to Add Identity Theft Benefits Provided by Kroll Background America". kroll.com. Kroll Inc. Retrieved March 7, 2010.
  5. ^ Nadel, Brian (19 May 2020). "IDShield identity theft protection review". Tom's Guide. Retrieved 25 July 2020.
  6. ^ Vigderman, Aliza; Turner, Gabe (10 July 2020). "IDShield Review". Security.org. Retrieved 29 July 2020.
  7. ^ "Pre-paid legal services: Worth the money?". cbc.ca.
  8. ^ a b Gene Lehmann (August 23, 2011). "New firm to rebrand Pre-Paid Legal in Ada". The Ada News. Retrieved 26 June 2017.
  9. ^ Bunyan, Clytie (5 November 1999). "Card provides 'legal shield' Prepaid plan offers access to 24-hour legal services". The Oklahoman. Retrieved 5 July 2020.
  10. ^ Haynes, V. Dion (10 September 2000). "Firm Peddles Insurance Against Police Bias". Chicago Tribune.
  11. ^ Bernick Jr., Bob (October 30, 2008). "Shurtleff's Fundraising Trounces Hill's | Deseret News (Salt Lake City) Newspaper | Find Articles at BNET". FindArticles.com. Archived from the original on October 31, 2009. Retrieved October 23, 2009.
  12. ^ "Newell letter" (PDF). Archived from the original (PDF) on 2002-10-15. Retrieved October 23, 2009.
  13. ^ "Newell letter" (PDF). Archived from the original (PDF) on 2002-10-15. Retrieved October 23, 2009.
  14. ^ "Pre-Paid settles Wyoming case". The Oklahoman. 3 December 2001. Retrieved 27 August 2020.
  15. ^ Glater, Jonathan D.; Norris, Floyd (2 August 2001). "Deloitte Parts With S.E.C. Over Audit Of Company". The New York Times. Retrieved 27 August 2020.
  16. ^ Weil, Jonathan (16 April 2001). "Pre-Paid Legal to Revise Its Accounting For Commissions, Restate 2000 Results". The Wall Street Journal. Retrieved 28 August 2020.
  17. ^ "Pre-Paid Legal Honored for Drawing "Line in Sand"". The Daily Oklahoman. 25 August 2002. p. 145. Retrieved 28 August 2020.
  18. ^ "Pre-Paid honored for battling lawsuits". The Oklahoman. 15 June 2002. Retrieved 28 August 2020.
  19. ^ Mecoy, Don (18 May 2006). "Pre-Paid chief again blames short sellers for lawsuits". The Oklahoman. Retrieved 28 August 2020.
  20. ^ Cite error: The named reference Davis was invoked but never defined (see the help page).
  21. ^ Davis, Melissa (4 March 2005). "Pre-Paid Gets Clean Bill From Auditor". The Street. Retrieved 28 August 2020.
  22. ^ "Stone Point to Buy Majority Stake in LegalShield From MidOcean Partners". The Wall Street Journal. 27 February 2018. Retrieved 5 July 2020.
  23. ^ Oliver, Gill (16 September 2019). "'Lawyer in your pocket' app service ramps up mission to disrupt UK legal sector". TechTribe Oxford. Retrieved 24 June 2020.
  24. ^ "LegalShield Launches New LegalShield, IDShield Plans in Canada". Direct Selling News. 1 October 2019. Retrieved 5 July 2020.

Due to my COI, I won't be editing directly. I appreciate any help/feedback. Thanks! Mary Gaulke (talk) 02:52, 3 September 2020 (UTC)[reply]

I think @Pelagic:, @Blablubbs: and I have addressed all parts of this request. If we missed something, please post below. I am going to mark this ticket as "answered". Thanks everyone for your help. Z1720 (talk) 03:49, 5 December 2020 (UTC)[reply]

2021 COI edit requests

Hi! As noted above, I have a COI: LegalShield is a client of mine. I have some new edit requests for this article.

Lead

  • In infobox, under "Key people", update Steve Williamson (CFO)[1][2] to Scott Grissom (CFO)[3]
  • Also in infobox, update:
| owner = MidOcean Partners
to
| owners = MidOcean Partners
Stone Point Capital
Further Global
Adding Stone Point per the article body and WSJ source cited there. I know sources aren't customary in the infobox, but here are some for Further Global's ownership: [4][5][6]
  • In first paragraph, update:
It briefly ran in the United Kingdom,[7]
to
It was available in the United Kingdom from 2019[7] to 2021.[8]
  • Add to end:
The company's services covered 141,000 businesses as of March 2018[9] and more than 4.4 million people as of December 2020.[10]

History

  • In "Pre-Paid Legal Services" subsection, add:
Equities magazine named Pre-Paid Legal the fastest-growing company listed on the NASDAQ in 1998.[11]
  • In "Pre-Paid Legal Services" subsection, add:
In 1999, the company began providing a "Legal Shield" card that offered the holder access to 24-hour legal services in the event of the holder's arrest or other interaction with law enforcement.[12] Pre-Paid Legal expanded the Legal Shield offering in 2000 by extending it to customers in Illinois. The company marketed the service as particularly valuable to minorities and other people who experience frequent harassment during traffic stops.[13]
N.B. I previously proposed this above, and Z1720 rejected it on the grounds that the product is not notable. I'd like to request a second look on this, due to the pretty substantial Chicago Tribune coverage in addition to The Oklahoman.
  • Also in "Pre-Paid Legal Services" subsection, add:
By 2003, the company provided services to approximately 1.4 million members.[14]
  • In "LegalShield" subsection, update:
But the venture in the UK was a failure and in February 2021 it was discontinued [15]
(which is not cited to a WP:RS) to
The venture in the UK went into liquidation in May 2021.[8]
  • Add to end of "LegalShield" subsection:
LegalShield also expanded its product offerings in Canada in 2019.[16] In 2020, the company's memberships reached an all-time high of 1.8 million paid subscriptions. Direct-to-consumer online sales increased by 70 percent in 2020.[17]

Company description

  • After
The company also markets IDShield, a privacy and reputation management service that also provides identity theft monitoring and restoration.[18][19]
add:
LegalShield claims that more than one million people have IDShield coverage.[20]
  • Update last sentence from:
The company's membership plans are sold as employee benefits and directly through its multi-level marketing division.[21]
to
The company's membership plans are sold as employee benefits, through its multi-level marketing division, and direct to consumers.[21]
Per the source: "It joins another company, LegalShield, that also sells legal insurance directly to consumers."
  • Add to end:
More than 34,000 companies offered LegalShield to employees as a voluntary benefit in 2015.[22] As of March 2018, LegalShield and IDShield covered employees at 141,000 businesses.[9] At the end of 2020, the company's services covered more than 4.4 million people[10] across 1.8 million paid subscriptions.[17]

I appreciate any help or feedback. Thanks! Mary Gaulke (talk) 00:42, 22 September 2021 (UTC)[reply]

References

  1. ^ Cite error: The named reference Silcox was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference Leadership was invoked but never defined (see the help page).
  3. ^ "LegalShield Executive Team". LegalShield USA. Retrieved 8 July 2021.
  4. ^ Udland, Tyler (10 September 2020). "LegalShield accelerates deadline for $135M add-on TLB to Sept. 11". S&P Global. Retrieved 28 May 2021.
  5. ^ "Further Global Capital Management and Stone Point Capital Acquires LegalShield". Mergr. Retrieved 28 May 2021.
  6. ^ "Companies". Further Global Capital Management. Retrieved 28 May 2021.
  7. ^ a b Rose, Neil (29 November 2018). "Slater & Gordon backs app offering legal advice for £24 a month". Legal Futures. Retrieved 24 June 2020.
  8. ^ a b Rose, Neil (20 May 2021). "Exclusive: Pioneering legal services advice app shut down". Legal Futures. Retrieved 29 May 2021.
  9. ^ a b Visconti, Ambrogio (5 March 2018). "Stone Point Capital's Acquisition of a minority stake in LegalShield". Global Legal Chronicle. Retrieved 30 May 2021.
  10. ^ a b Vetter, Jenny (1 February 2021). "LegalShield: Our Time is Now". Direct Selling News. Retrieved 30 May 2021.
  11. ^ Barbalat, Milana (July/August 1998). "America's fastest-growing companies". Equities. Vol. 46, no. 5. p. 24. ISSN 1053-2544. {{cite magazine}}: |access-date= requires |url= (help); Check date values in: |date= (help)
  12. ^ Bunyan, Clytie (5 November 1999). "Card provides 'legal shield' Prepaid plan offers access to 24-hour legal services". The Oklahoman. Retrieved 5 July 2020.
  13. ^ Haynes, V. Dion (10 September 2000). "Firm Peddles Insurance Against Police Bias". Chicago Tribune. Retrieved 29 May 2021.
  14. ^ "Pre-Paid Legal Services Confirms SEC Probe". Los Angeles Times. 31 January 2003.
  15. ^ http://www.legalshield.co.uk
  16. ^ "LegalShield Launches New LegalShield, IDShield Plans in Canada". Direct Selling News. 1 October 2019. Retrieved 30 May 2021.
  17. ^ a b "LegalShield Memberships Reached All-Time High in 2020". Direct Selling News. 12 March 2021. Retrieved 30 May 2021.
  18. ^ Nadel, Brian (19 May 2020). "IDShield identity theft protection review". Tom's Guide. Retrieved 25 July 2020.
  19. ^ Vigderman, Aliza; Turner, Gabe (10 July 2020). "IDShield Review". Security.org. Retrieved 29 July 2020.
  20. ^ "LegalShield IDShield - Real Customer Reviews". Best Company. Retrieved 30 May 2021.
  21. ^ a b Weiss, Debra Cassens (7 April 2016). "Insurer offers legal insurance directly to consumers for $16.25 a month". ABA Journal. Retrieved 24 June 2020.
  22. ^ "John Addison Joins LegalShield Board of Directors". Direct Selling News. 27 October 2015. Retrieved 30 May 2021.
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