Faruqi & Faruqi, LLP Announces Investigation Of Imperial Holdings, Inc.

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 28, 2011 -- September 28, 2011- Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoing at Imperial Holdings, Inc. (“Imperial Holdings” or the “Company”) (NYSE: IFT). The investigation focuses on whether Imperial Holdings violated federal securities laws by issuing materially false and misleading information about the Company’s true business and financial condition.

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On September 27, 2011, federal investigators raided the Florida offices of Imperial Holdings. The raid was subsequently confirmed by the Company, who also acknowledged that its chairman and chief executive officer, and its president and chief operating officer, are also under investigation with respect to its life finance business. News of the raid sent Company shares plunging by some 60% on Wednesday, September 28, 2011.

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If you purchased Imperial Holdings securities and you would like to discuss your legal rights, visit www.faruqilaw.com/IFT. You can also contact us by calling Anthony Vozzolo or Richard W. Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to avozzolo@faruqilaw.com or rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Imperial Holdings’ conduct during the period in question to contact the firm, including whistleblowers, former employees, shareholders and others.

About Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP is a national law firm, representing investors, consumers and companies in the prosecution of claims under state corporate and consumer laws and the federal securities and antitrust laws. The lawyers at Faruqi & Faruqi, LLP have demonstrated a clear commitment to championing the rights of shareholders and consumers nationwide.

Anthony Vozzolo, Esq.
Richard W. Gonnello, Esq.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Telephone: (877) 247-4292 or (212) 983-9330

E-mail: avozzolo@faruqilaw.com
rgonnello@faruqilaw.com

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