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$47M Life Partners Judgment Impairs MDL, Shareholders Say

By Paul DeBenedetto (December 22, 2014, 7:19 PM EST) -- Shareholders involved in multidistrict litigation with Life Partners Holdings Inc. want a federal Texas judge to reduce a $47 million award from a securities suit against the financial services company by 75 percent or more, arguing Monday that there will be nothing left to compensate shareholders after paying the judgment to the U.S. Securities and Exchange Commission....

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