Last $1.88 USD
Change Today +0.01 / 0.53%
Volume 8.4K
LPHI On Other Exchanges
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

life partners holdings inc (LPHI) Snapshot

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life partners holdings inc (LPHI) Details

Life Partners Holdings, Inc., through its subsidiary, Life Partners, Inc., operates in the secondary market for life insurance worldwide. It facilitates the sale of life settlements between sellers and purchasers, but does not take possession or control of the policies. The company provides insurance policies to the purchasers at a discount to their face value for investment purposes; and purchasing services for life settlements. It primarily serves institutional purchasers, such as investment funds; and retail purchasers, including high net worth individuals. Life Partners Holdings, Inc. was founded in 1971 and is based in Waco, Texas.

life partners holdings inc (LPHI) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $629.9K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $296.5K
General Counsel, Secretary, Director and Pres...
Total Annual Compensation: $197.3K
Chief Information Officer of Life Partners In...
Total Annual Compensation: $218.5K
Vice President of Policy Administration - Lif...
Total Annual Compensation: $199.2K
Compensation as of Fiscal Year 2014.

life partners holdings inc (LPHI) Key Developments

Life Partners Holdings, Inc., Annual General Meeting, Aug 04, 2014

Life Partners Holdings, Inc., Annual General Meeting, Aug 04, 2014., at 11:00 Central Standard Time. Location: corporate offices. Agenda: To consider election of four directors, each to serve for a term of one year; to ratifying the selection of Whitley Penn LLP, as independent auditors for the year ending February 28, 2015; to consider holding a non-binding, advisory vote on executive compensation; and to transact any other business properly brought before the annual meeting or any adjournment or postponement of the annual meeting.

Life Partners Holdings, Inc. Announces Quarterly Dividend, Payable on or About June 16, 2014

Life Partners Holdings, Inc. announced that it would pay a quarterly dividend of $0.05 per share to be paid on or about June 16, 2014 for shareholders of record as of June 9, 2014.

Life Partners Holdings, Inc. Wins Another Court Ruling

Life Partners Holdings, Inc. announced that an Austin, Texas Federal court has denied the Securities and Exchange Commission's motion for reconsideration of the Court's prior order, which held that the SEC failed to prove any of its fraud claims against Life Partners and its CEO, Brian Pardo, and General Counsel, Scott Peden. That ruling, along with jury findings in February, cleared Life Partners, Mr. Pardo and Mr. Peden of all securities fraud and insider trading accusations. The ruling does not affect the jury's findings against Life Partners relating to books and records compliance issues and certification by the CEO on the company's financial statements, none of which involve fraud or knowingly or recklessly misleading shareholders. The case is SEC versus Life Partners Holdings, Inc. et al., Civil Action No. 1-12-C V-33-JRN in the United States District Court for the Western District of Texas, Austin Division.


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