Securities and Exchange Commission v. Life Partners Holdings, Inc. et al

  1. August 21, 2014

    Life Partners, Execs Blast SEC's Move For $2B Judgment

    Life Partners Holdings Inc. and two of its executives on Wednesday blasted the U.S. Securities and Exchange Commission's bid for a court judgment of as much as $2 billion against them, noting they prevailed on most of the SEC's claims and calling the motion an example of "increasingly common government overreaching."

  2. February 19, 2014

    Life Partners, SEC Spar Over Mixed Jury Verdict

    Life Partners Holdings Inc. said the U.S. Securities and Exchange Commission improperly revised its claims in a suit alleging the company artificially inflated stock prices, telling a Texas federal judge on Tuesday that the agency is using unsubstantiated arguments in a bid to uphold a recent jury verdict.

  3. February 04, 2014

    Life Partners Cleared Of Insider Trading In Mixed Verdict

    A Texas federal jury returned a mixed verdict late Monday in a U.S. Securities and Exchange Commission lawsuit accusing Life Partners Holdings Inc. and two of its top executives of artificially inflating stock prices, finding they committed revenue recognition fraud and violated accounting laws, but clearing them of insider trading and securities fraud offenses.

  4. December 03, 2013

    Judge Won't Pare Claims In SEC Suit Against Life Partners

    A Texas federal judge on Tuesday denied the U.S. Securities and Exchange Commission bid to find that Life Partners Holdings Inc.'s revenue policies related to the sale of its life settlement investments violate securities laws, saying a jury should decide.

  5. September 28, 2012

    SEC Can't Shake Sanctions Over Subpoena In Life Partners Suit

    A Texas federal judge refused Thursday to reconsider sanctions he imposed on the U.S. Securities and Exchange Commission after it allegedly misused its authority to subpoena a witness while investigating securities issued by Life Partners Holdings Inc.

  6. August 17, 2012

    SEC Sanctioned Over Deposition In Life Partners Fraud Suit

    A Texas federal judge on Friday ordered sanctions against the U.S. Securities and Exchange Commission in its accounting fraud suit against Life Partners Holdings Inc. for improperly issuing a subpoena to obtain testimony from a witness.

  7. July 03, 2012

    Benefits Broker Wants SEC Sanctioned Over Witness Subpoena

    Life insurance settlement broker Life Partners Holdings Inc. asked a Texas federal court Monday to sanction the U.S. Securities and Exchange Commission in its accounting fraud suit against Life Partners for allegedly improperly issuing a subpoena to obtain testimony from a witness.