2017 Year-End Statements

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Magna will post 2017 year-end statements for each investor on the Investor Portal on Tuesday, January 16, 2018. We will not mail or e-mail the statements, so investors will need to log on to the Portal to get their statements. Investors who lack internet access should call Magna customer service to obtain a copy of their statement.

Litigation over Policy 23150

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The PHT is unable to distribute the proceeds of Policy 23150 at this time, due to a lawsuit filed by the insured’s family in Florida. This policy is a Federal Employees’ Group Life Insurance (FEGLI) policy that Life Partners purchased in 2002. At the time that it purchased the policy, the insured assigned the policy to Life Partners in accordance …