In addition to a potential securities fraud investigation by the Securities and Exchange Commssion (SEC), Life Partners Holdings has been overrun with bad news over the past 30 days. Life Partners’ share price dropped significantly when allegations regarding inaccurate life expectancies began circulating in December.
For more bad news, see summary below:
- May 16, 2011: Life Partners requests a 15-day extension for filing its 2011 Annual Report after receiving a Wells Notice from the SEC on May 9, 2011, regarding potential securities fraud violations. Click here for related blog posting.