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Missouri Appellate Court Upholds Decision to Dismiss Attorney General's Lawsuit Against Portfolio Recovery Associates

Missouri Appellate Court Upholds Decision to Dismiss Attorney General's Lawsuit Against Portfolio Recovery Associates

NORFOLK, VA--(Marketwire - April 6, 2011) - Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases and manages portfolios of defaulted consumer receivables and provides a broad range of receivables management and payments processing services, announced today that the Missouri Court of Appeals Eastern District has upheld the decision of a lower court to dismiss a lawsuit by the Missouri Attorney General against its subsidiary, Portfolio Recovery Associates, LLC.

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