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8-K - LIFE PARTNERS HOLDINGS INC | v204458_8k.htm |
LPHI
ANNOUNCES STOCK SPLIT
December 2, 2010 - Waco, Texas - Life Partners Holdings, Inc.
(Nasdaq GS: LPHI) today announced that its Board of Directors has approved a
5-for-4 split of the company’s common stock which will be paid in the form of a
stock dividend on
December 31, 2010, to shareholders of record as of December 21,
2010.
Life Partners Holdings, Inc.
is the world’s oldest and one of the most active companies in the United States
engaged in the secondary market for life insurance, commonly called “life
settlements.” Since its incorporation in 1991, Life Partners has completed over
125,000 transactions for its worldwide client base of over 27,000 high net worth
individuals and institutions in connection with the purchase of approximately
6,400 policies totaling approximately $2.7 billion in face value.
Safe
Harbor - This press release contains certain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. Prospective
investors are cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties, and that
actual results may differ materially from those projected in the forward-looking
statements as a result of various factors. The statements in this news release
that are not historical statements, including statements regarding future
financial performance, the market for our services, and projected total business
volume, are forward-looking statements within the meaning of the federal
securities laws. These statements are subject to numerous risks and
uncertainties, many of which are beyond our control, which could cause actual
results to differ materially from such statements. For information concerning
these risks and uncertainties, see our most recent Form 10-K. We disclaim any
intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as
may be required by law.
Visit our
website at: www.lphi.com
LPHI-G
Contact:
Life
Partners Holdings, Inc.
Shareholder
Relations, 254-751-7797
info@LPHI.com
www.lphi.com
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