Our Skilled Annuity Fraud Lawyers Represent Northstar Financial Services (Bermuda) Investors
Mexico Investors File FINRA Lawsuit Accusing Truist Investment Services of Overconcentration
Once again, Shepherd Smith Edwards and Kantas (investorlawyers.com) have filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Truist Investment Services over losses suffered by investors in Northstar Financial Services (Bermuda) products. These claimants, two Mexican investors, are an older couple who entrusted the US-based brokerage firm to keep their savings secure. Instead, their Truist Investment Services broker allegedly 100% concentrated their funds in Northstar (Bermuda) while reassuring them, time and again, that all was well. Now, they are suing Truist and seeking up to six figures in damages.
Our experienced annuity investor loss attorneys are representing these claimants and dozens of other international clients against the many brokerage firms that sold Northstar Financial Services (Bermuda) investments. Many are older investors who wanted a safe haven for their assets. Instead, their US-based financial advisors allegedly unsuitably recommended annuities and annuity-like investments from this obscure offshore entity that filed for bankruptcy in 2020 and is now in liquidation. Meanwhile, Northstar (Bermuda)’s owner Greg Lindberg, who got out of prison last year and is awaiting a new trial for wire fraud, is facing more criminal and civil charges.
Unfortunately, brokerage firms appear to have allegedly failed to conduct the necessary due diligence into Northstar Financial Services (Bermuda) despite knowing that Lindberg long has been accused of funneling funds from his companies to his special purpose vehicles. He also has been under scrutiny by regulators and prosecutors for several years.
Why Hire Our Annuity Investment Fraud Attorneys to Represent Your Northstar (Bermuda) Loss Claim?
In addition to representing Northstar Financial Services (Bermuda) investors against brokerage firms, we also are working with investors who purchased annuities from other Greg Lindberg-owned properties, including Colorado Bankers Life Insurance, Bankers Life Insurance, Southland National Insurance, and Southland National Reinsurance. Both Colorado Bankers Life Insurance and Bankers Life Insurance recently went into liquidation.
Shepherd Smith Edwards and Kantas is extremely knowledgeable about these Lindberg-owned companies that issued the annuities and the many brokerage firms that marketed and sold them to investors. Already, we have filed numerous FINRA lawsuits against these broker-dealers over the losses suffered by our clients.
Should we agree to work together, we will harness all of the discovery we’ve obtained from these related investor loss claims as we build a solid Northstar (Bermuda) claim on your behalf. You will have our entire team of skilled securities attorneys, paralegals, and legal assistants working on your case.
We make sure that each of our clients gets the full legal and personalized attention their case requires. By the time we’ve prepared and presented your claim before the panel of FINRA arbitrators, they will know who you are and the impact that broker negligence and misconduct have had on your life and your finances.
Our Annuity Investor Loss Lawyers Represent Latin American Investors Against US-Based Brokerage Firms
Many of the investors we are representing who suffered Northstar Financial Services (Bermuda) investment losses are from Mexico and other countries in Central America. We understand how devastating it can be to rely on financial professionals to protect your assets, including your life savings, and have them break that trust.
Our savvy Northstar (Bermuda) lawyers are here to fight for investors and protect their legal rights, including the right to pursue and receive damages from the brokerage firms whose negligence, unsuitable investment recommendations, misrepresentations and omissions, or other broker misconduct caused them financial harm. Over the years, we have recovered many millions of dollars for clients.
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To contact Shepherd Smith Edwards and Kantas for your free, no obligation case assessment:
In the US: (800) 259-9010
International via WhatsApp (text only): 713-227-2400
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