Pre-Paid Legal Services (PPD) shares spiked down about 10 minutes ago and are getting slammed midday on news the co. has received a complaint letter from the FTC related to Identity Theft Shield and Affirmative Defense Response System (ADRS) Program. PPD is down $5.91 to $35.22 and options activity is running 11X average daily on increasing interest in Nov 35, Dec 30 and Dec 35 puts.
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Pre Paid Legal Services Inc (PPD) $33.85 -17.70%
Posted on November 19th, 2009 1:30 pm
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