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Life Partners Holdings INC (LPHI) Life Settlements (Viaticals) Lawsuit
Learn about the Life Partners Life Settlements (Viaticals) Lawsuit on ArticlesBase.
If you have owned LPHI stock, you may well be ready to join the Life Partners Holdings shareholder class action lawsuit. Furthermore, if you have bought life settlements (Viatical Settlements) from Life Partners Holdings, you may well be in a position to participate in a legal action to recover losses triggered by misleading statements produced by Life Partners. These two legal actions are independent of each other, and you may possibly be in a position to participate in one particular or each of the legal actions against Life Partners.
Life Partner Traders May possibly have overpaid for Life Settlement Investments.
Reports indicate that Life Partners could have utilised incorrect life expectancy estimates of insured men and women. If so, then investments could have overpaid for their life settlement investments.
How Life Settlements perform
A Life Settlement, also sometime called a Viatical Settlement, is the sale of an current life insurance coverage policy to an investor, who will pay necessary premiums on the policy, then collect its proceeds the moment the insured dies. In principle, then the investor can earn a fair rate of return on its investment and the insured can obtain an amount higher than the cash worth of the policy. Life Partners facilitates life settlement transactions, but typically serves as the agent for the investor. According to Life Partners publically readily available records, Life Partners has sold 6,400 policies with a face worth of $2.eight billion to 27,000 clients because its 1991 founding. Investors normally place many years of future premiums into escrow when creating their initial investments. Life Partners Holdings promotes yearly returns of 10 to 15 %, according to the Journal.
Life Partners Holdings (LPHI) Life Settlements (Viaticals) Lawsuit
Life Partners may possibly have deceptively priced its Life Settlement investments.
One of the main variables when valuing a life settlement investment is the life expectancy of the insured. The Securities and Exchange Commission is investigating no matter whether Life Partners Holdings has estimated the life expectancies of insured individuals. Life Partners Holdings (LPHI) corporate fraudLife Settlement (Viaticals) Lawsuit
Securities Fraud Lawyers are aggressively reviewing life settlement investments
Join the Life Partners Holdings Lawsuit Facebook group.