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Tag Archives: Misleading Retirees

SEC Charges Texas Pair for Misleading Elderly & Retired Investors in Life Settlements

By Gregory Tendrich, P.A. | Posted on June 25, 2015

On May 11, the U.S. Securities and Exchange Commission filed a civil lawsuit in Texas against two insurance salesman accused of illegally selling “life settlements” to more than two dozen investors, many of them elderly and retired. Life settlements are fractional interests investors purchase in the death benefits payable under a life insurance policy…. Read More »

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