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If you purchased shares of Life Partners Holdings, Inc. (NASDAQ:LPHI) in 2011 or earlier and currently still hold any of those NASDAQ:LPHI shares, you have certain options and you should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Investigation Overview
December 8, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Life Partners Holdings, Inc. (NASDAQ:LPHI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Life Partners Holdings.
The investigation by a law firm concerns whether certain Life Partners Holdings officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Life Partners Holdings, Inc. reported that its Total Revenue decleind from $101.58 million for the 12 months period that ended on Feb. 28, 2011 to $15.69 million for the 12 months period that ended on Feb. 28, 2014 and that its Net Income of $23.43 million for the 12 months period that ended on Feb. 28, 2011 declined to a Net Loss of $2.45 million for the 12 months period that ended on Feb. 28, 2014.
Shares of Life Partners Holdings, Inc. (NASDAQ:LPHI) declined from over $12 per share in early 2011 to as low as $1.00 per share on December 4, 2014.
