The Texas State Securities Board in May 2010 obtained a court order shutting down Retirement Value. Regulators alleged the firm committed fraud by selling unregistered securities to investors. Retirement Value CEO Richard “Dick” Gray, who authorities said repeatedly engaged in illegal sales of securities, has reached a tentative agreement to pay $650,000 in cash and [...]
Posts under ‘Life Settlement’
Law Firm file class action lawsuit against Life Partners
Dallas Law Firm Heygood, Orr & Pearson Files Life Settlement Class-Action Lawsuit Against Life Partners Holdings, Inc.’s Life Partners Inc. Dallas Law Firm Heygood, Orr & Pearson announced that they have filed a class-action lawsuit in Ellis County on behalf of Texas investors who say Waco-based Life Partners Inc. charged excessive premiums on the company’s [...]
