Statement on Court’s Final Judgment in Case Against Life Partners Holdings, Brian Pardo, and R. Scott Peden

We are pleased that the court today ordered Life Partners, Pardo, and Peden to pay over $46.8 million.  In ordering this significant monetary relief, the Court recognized the egregious nature of their misconduct, noting that the Defendants engaged in ‘serious violations’ of the securities laws that ‘deprived the investing public of the information it needed to make a fully informed decision about whether to invest in Life Partners.’