For Life Partners Holdings Shareholders (Nasdaq:LPHI), it has been one heck of a ride - but now it is over.
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All good things must come to an end, however, and now the final chapter is being written for Life Partners. The SEC and Wall St. have decided to move in on life settlement industry and it is Citron’s opinion that this sea change will be at the expense of Life Partners Holdings. Until now the life settlement industry has been a financial product marred with controversy, but the new task force and the effects of commoditization are going to change the landscape – dramatically and permanently. (more…)
