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Judge Axes Part Of SEC Win Against Life Partners

By Jeff Sistrunk (March 12, 2014, 10:12 PM EDT) -- A Texas federal judge on Wednesday reversed a jury's finding that Life Partners Holdings Inc. and two of its executives are liable for fraud in a U.S. Securities and Exchange Commission lawsuit alleging the company artificially inflated stock prices, ruling that there was insufficient evidence presented at trial to support that conclusion....

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