STATE v. LIFE PARTNERS HOLDINGS, INC.

No. 03-13-00195-CV.

459 S.W.3d 619 (2014)

The STATE of Texas, Appellant v. LIFE PARTNERS HOLDINGS, INC.; Life Partners, Inc.; Brian D. Pardo; R. Scott Peden; Advance Trust & Life Escrow Services, LTA; Purchase Escrow Services, LLC; Pardo Family Holdings, Ltd.; Dr. Donald T. Cassidy; and American Stock Transfer & Trust Company, Appellees.

Court of Appeals of Texas, Austin.

February 6, 2014.


Attorney(s) appearing for the Case

Kristofer S. Monson , Assistant Solicitor General, Office of the Attorney General, Austin, TX, for Appellant.

J. Pete Laney , Hull Henricks & MacRae LLP, Douglas W. Alexander , Alexander Dubose Jefferson & Townsend, LLP, Austin, TX, Andy McSwain , Fulbright Winniford, PC, Waco, TX, Elizabeth L. Yingling , Will Daugherty , Meghan George , Laura O'Rourke , Baker & McKenzie LLP, Dallas, TX, for Appellees.

Before Justices PURYEAR, ROSE, and GOODWIN.


MEMORANDUM OPINION

The State of Texas filed suit against Life Partners Holdings, Inc.; Life Partners, Inc.; Brian D. Pardo; and R. Scott Peden (cumulatively Life Partners) for allegedly engaging in fraudulent activities in connection with the sale of securities. The State also asserted that the following...

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