"We’re very pleased the jury found Life Partners and its executives liable for knowingly or recklessly defrauding shareholders, filing false SEC filings, and keeping inaccurate books and records. 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
