May 15, 2014
Life Partners Holdings Inc. lost a bid to shake consolidated shareholder litigation on Tuesday, with a Texas federal court ruling the plaintiffs adequately detailed claims that the company anchored its multimillion-dollar life insurance investment business on the predictions of one unqualified doctor.
August 15, 2011
A shareholder in Life Partners Holdings Inc. on Friday lost his bid to unseat the lead plaintiff in a consolidated class action in Texas federal court claiming the company duped investors into buying securities using faulty life expectancy data.
July 06, 2011
A Texas federal judge on Tuesday consolidated five proposed class actions that claim Life Partners Holdings Inc. duped investors into buying securities using faulty life expectancy data, which eventually led to steep stock losses when the misleading information came to light.