The SEC files suit against Life Partners Holdings (LPHI) and three top execs over alleged...

|About: Life Partners Holdings Inc (LPHI)|By:, SA News Editor

The SEC files suit against Life Partners Holdings (LPHI) and three top execs over alleged accounting fraud and insider trading that involved providing misleading information to auditors and investors. The insurance company responds by saying the charges lack merit. Shares fell -19.9% in AH trading, inactive premarket.