Securities and Exchange Commission v. Pacific West Capital Group, Inc. et al
Case Number:
2:15-cv-02563
Court:
Nature of Suit:
Judge:
Firms
- Allen Matkins
- ArentFox Schiff
- ArentFox Schiff LLP
- Dentons
- Dillingham & Murphy
- DLA Piper
- Ellis George
- Ellis George LLP
- Greenberg Traurig
- Holmes Athey
- Hueston Hennigan
- Paul Hastings
Government Agencies
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December 06, 2024
Life Insurance Investments Aren't Securities, 9th Circ. Told
Agents who sold interests in life insurance policies for Pacific West Capital Group — which struck a $64 million SEC deal to end investment fraud claims — urged the Ninth Circuit on Friday to reverse an order requiring them to pay back some of their commissions, saying the deals weren't investment contracts.
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June 04, 2018
Insurer To Pay $64.5M To End SEC Life Insurance Fraud Row
Pacific West Capital Group Inc. agreed Monday to pay the U.S. Securities and Exchange Commission disgorgement of $57.4 million and $6.3 million in prejudgment interest to end claims in California federal court that it defrauded investors in the sale of fractionalized interests in universal life insurance policies.
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April 07, 2015
SEC Says Insurance Co. Fraudulently Sold Life Settlements
The Securities and Exchange Commission in California federal court Tuesday sued a Los Angeles-based insurance company and its owner for allegedly defrauding investors in the sale of fractionalized interests in universal life insurance policies, known as "life settlements."