Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Life Partners Holdings, Inc. (NASDAQGS: LPHI) ("LPHI").  LPHI, though its subsidiary Life Partners, Inc., is engaged in the secondary market for life insurance known generally as life settlements. LPHI facilitates the sale of life settlements between sellers and purchasers, but does not take possession or control of the policies. The purchasers acquire the life insurance policies at a discount to their face value for investment purposes. Life settlement transactions involve the sale of an existing life insurance policy to another party. By selling the policy, the policyholder receives an immediate cash payment to use as he or she wishes. The purchaser takes an ownership interest in the policy at a discount to its face value and receives the death benefit under the policy when the insured dies.  LPHI was founded in 1971 and is based in Waco, TX.

Robbins Umeda LLP's investigation concerns the accuracy of the methodology used by LPHI for its life-expectancy projections.  The projections are important because the company can charge investors more for policies that have shorter life expectancies, and therefore faster payouts. If the insured individual's death comes later than estimated, the payout is delayed and investors must continue paying premiums, reducing their eventual returns.

If you are a shareholder of LPHI and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsllp.com.