The SEC is reportedly investigating insurer Life Partners Holding (LPHI), for possibly...

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

The SEC is reportedly investigating insurer Life Partners Holding (LPHI), for possibly lowballing estimated life expectancies in order to charge investors more for those policies. Unclear what angle the SEC is taking, since a prior court ruling found the firm's life-settlement transactions weren't subject to federal securities laws.