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Statement on Life Partners Verdict

Andrew Ceresney
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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More Information:
January 2012 - SEC Charges Life Settlements Firm and Executives

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