More Japanese Investors Sue Bankoh Investment and Broker Yoko Farias Over Northstar (Bermuda)
Our Trusted Annuity Fraud Attorneys Represent Asian and Latin American Citizens Against US Brokerage Firms
Once again, a Japanese investor is suing Bankoh Investment Services and its broker Yoko Farias over losses they sustained because the latter allegedly unsuitably marketed and sold Northstar Financial Services (Bermuda) annuities to them. The claimant, who met Farias through the Bank of Hawaii, is accusing the respondents of overconcentrating his assets in this risky, offshore investment, which is now in liquidation proceedings. Seeking up to $500K in damages, our client is also alleging unsuitable investment recommendations, due diligence failures, misrepresentations and omissions, and gross lack of supervision.
Shepherd Smith Edwards and Kantas (investorlawyers.com) represent this foreign national and many other international investors in their Northstar Financial Service (Bermuda) loss lawsuits. To date, this has equated to more than 100 FINRA lawsuits that we have filed against the US brokerage firms whose financial advisors earned high commissions and fees from recommending an unrated, offshore investment to these customers when there were better-rated offshore options and better-protected US-based securities that they could have sold them instead.
Many of these investors specifically chose to place their funds through a US brokerage firm because they thought they were securing a safe haven for their money. Instead, they have sustained significant portfolio losses now that this Bermuda-based insurer is defunct. This has left quite a number of foreign nationals with their savings decimated.
If you too suffered losses in Northstar Financial Services (Bermuda) please contact our seasoned annuity loss law firm today to request your free, no-obligation case consultation.
What International Investors Should Know About Filing a FINRA Lawsuit Against A US-Broker
You don’t have to be an American citizen or even reside in this country to sue a US brokerage firm for damages. However, it is important that you hire a reputable US-based securities law firm to represent you. With proper legal representation, you can file a solid investor loss claim in Financial Industry Regulatory Authority (FINRA) arbitration where such disputes between broker-dealers and customers are brought.
You want to work with knowledgeable annuity loss attorneys who can bring a legal claim in this kind of legal forum, which is different from going to court. At Shepherd Smith Edwards and Kantas, more than 90% of our clients have received full or partial financial recovery when we’ve represented them in arbitration, mediation, or litigation.
We know how daunting it can be to suffer investment losses, not to mention to sustain those losses in a country where the customs, laws, and even the language that may be unfamiliar to you. Rest assured that we have decades of experience representing both US and international investors from all over the world.
How To Contact the SSEK Annuity Fraud Attorneys:
When you work with our team of Annuity Fraud Attorneys you become part of our unit of Northstar Financial Services (Bermuda) claims represented by our entire securities law firm. Allow us to help you explore your legal options.
In the US: (800) 259-9010
Internationally, via WhatsApp (text only): 713-227-2400
You can also fill out this form on our website.