Business & Finance
Business and Finance
Business and Finance
Mon, March 21, 2011
Fri, March 18, 2011 Levi & Korsinsky Notifies Investors with Losses on Their Investment in Life Partners Holdings, Inc. of Class Action Lawsuit and
NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating possible violations of federal securities laws by Life Partners Holdings, Inc. (aLife Partnersa or the aCompanya) (Nasdaq: LPHI) on behalf of all investors who purchased Life Partners securities between May 29, 2007 and January 20, 2011 (the "Class Period"). A class action lawsuit has been commenced in the United States District Court for the Western District of Texas.
The complaint alleges that during the Class Period, defendants violated federal securities laws by issuing false and/or misleading statements. In particular, it is alleged that the Company used life expectancy data that produced inaccurately short life expectancy reports which were subsequently used to sell life settlement policies to investors.
If you are a member of the class and suffered a loss in Life Partners stock, you have until April 4, 2011 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery is not affected by the decision whether or not to serve as a lead plaintiff. To obtain additional information about your rights, contact Joseph E. Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (877) 363-5972, or visit [ http://www.zlk.com/life-partners-lphi.html ].
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
