UPDATED – Judge Orders Life Partners, Executives to Pay $46.9 Million
An Austin federal judge ordered Waco-based Life Partners Holdings and its CEO and general counsel to pay $46.9 million for violating securities laws. In a scathing, 22-page order, U.S. District Judge James Nowlin made statements that surprised lawyers for both Life Partners and the Securities and Exchange Commission, which brought the lawsuit in 2012. The Texas Lawbook has the details.












