Life Partners Holdings, Inc. is located at 204 Woodhew Drive, Waco, TX 76712.
What is a life settlement?
Simply put, a life settlement is the sale or transfer of ownership, of an existing life insurance policy to another party (or parties). Typically, the holder of the policy no longer wants or needs it, and desires to sell it, often to a group of investors. Then, upon the maturity of the policy, the group of investors receives back their principal and their return on investment through the death benefit of the policy.
For those investors who purchase bonds, one would liken this investment to a zero coupon bond, but without a fixed maturity date and no "phantom" taxes.
When was LPHI founded and subsequently listed on Nasdaq?
Life Partners Holdings, Inc. was founded in 1991 and has been in continuous operation since then. LPHI became a publicly traded company through a reverse merger into an empty Nasdaq shell in the year 2000. LPHI did this purely to provide transparency for its life settlements clients, thereby becoming the only publicly traded life settlement originator in the industry.
How many employees does LPHI have?
As of the end fiscal year 2009, Life Partners Holdings, Inc. had 53 employees.
What is Life Partners' SIC code?
6199, Financial Services
Who sits on the Board of Directors?
LPHI's board includes:
Brian D. Pardo, Chairman & CEO, Life Partners Holdings, Inc.
R. Scott Peden, Director, President of Life Partners, Inc.
Tad Ballantyne, Director and Chairman of the Audit and Compensation Committees
Fred Dewald, Director
Harold Rafuse, Ph.D., Director
Who are LPHI's officers?
Brian D. Pardo, Chairman & CEO of Life Partners Holdings, Inc.
David M. Martin, Chief Financial Officer, Life Partners Holdings, Inc.
R. Scott Peden, President and General Counsel of Life Partners, Inc.
Kurt Carr, VP of Policy Administration, Life Partners, Inc.
Deborah Carr, VP of Administration, Life Partners, Inc.
Mark Embry, Chief Operating Officer, Life Partners, Inc.
What is Life Partners Holdings, Inc.'s ticker symbol?
LPHI
On what exchanges does Life Partners Holdings, Inc. trade?
Life Partners Holdings, Inc. trades on the Nasdaq Global Select market.
Does LPHI pay a cash dividend?
Yes. LPHI currently pays a $0.25 per share quarter dividend $1.00 / year dividend.
What is LPHI's cusip number?
53215T106
Who is LPHI's transfer agent?
American Stock Transfer & Trust Co.
Attn: Isaac Kagan.
59 Maiden Lane
New York, N.Y. 10038
718-921-8293
718-921-8334 fax
ikagan@amstock.com
Has LPHI undertaken any stock splits?
Yes, in February 2009, LPHI underwent a 5-for-4 stock split. One previous stock split occurred during September 2007, which was also a 5-for-4 split.
What is LPHI's fiscal year end?
February 28 is the end of the fiscal year for LPHI.
How can I get further information on LPHI?
Call 254.751.7797 and ask for Andrea Atwell or email us at: info@lphi.com.
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Copyright 2010 Life Partners Holdings, Inc. All Rights Reserved
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