United States Securities and Exchange Commission v. Live Well Financial, Inc. et al

  1. April 14, 2021

    Ex-CEO's Counsel Ducks Specifics As Bond Fraud Trial Opens

    Live Well Financial founder Michael Hild had no intent of deceiving lenders, his counsel suggested to a Manhattan jury Wednesday, pushing back in vague terms against charges that the reverse-mortgage millionaire overvalued the bankrupt company's bonds as he took $24 million of pay.

  2. August 29, 2019

    Live Well Financial Execs Charged With Overvaluing Bonds

    Executives at now-bankrupt reverse mortgage provider Live Well Financial Inc. were charged in New York federal court with overstating the value of bonds that served as collateral for loans in an effort to get more money from lenders, the U.S. Department of Justice announced Thursday.