Life Partners Holdings Says It’s Subject of Investigation by SEC

Life Partners Holdings Inc., the Waco, Texas-based company that purchases life-insurance policies, said it’s being investigated by the U.S. Securities and Exchange Commission.

The SEC is conducting an investigation into an operating unit, Life Partners Inc., the company said today in a statement issued on Business Wire. The Wall Street Journal previously reported the investigation.

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net

To contact the editor responsible for this story: Dan Kraut in New York at dkraut2@bloomberg.net

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