Statement on Life Partners Verdict
Director, SEC Division of Enforcement
Feb. 4, 2014
"We’re very pleased the jury found Life Partners and its executives liable for knowingly or recklessly defrauding shareholders and filing false SEC filings. We’re also pleased the jury found Pardo, Life Partners’ CEO, responsible for falsely certifying that the company’s public filings were accurate when they were not."
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January 2012 - SEC Charges Life Settlements Firm and Executives