9th Circ. Affirms SEC Win In Life Insurance Investment Row

By Rae Ann Varona · August 11, 2025, 11:47 PM EDT

The Ninth Circuit ruled in a published opinion Monday that fractional interests in life settlements are investment contracts and thus securities, backing the U.S. Securities and Exchange Commission's win against Pacific...

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Documents

Case Information

Case Title

United States Securities and Exchange Commission v. Barry, et al.

Case Number

23-2699

Court

Appellate - 9th Circuit

Nature of Suit

Date Filed

October 11, 2023