Life Partners Holdings (LPHI) Shares Falling as Co. Delays 10Q Filing, Sees Qtr. Loss

October 11, 2011 10:56 AM EDT
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Life Partners Holdings (Nasdaq: LPHI) shares have sunk in early-morning trade following an SEC filing to delay the filing of its 10Q. The company expects to report a loss of $1.3 million on sales of $6.1 million for the August quarter.

The company cited a decrease in life settlement deal volume.

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