I’m A Non-US Citizen. Can I Recover My Northstar (Bermuda) Investment Losses?
Japanese Retiree Sues Bankoh Investment Services, a Division of Bank of Hawaii, For Up to $500K
If you are an international investor who suffered losses in an investment sold to you by a US-based broker-dealer, Shepherd Smith Edwards and Kantas Northstar Financial Services (Bermuda) Attorney team (investorlawyer.com) can help you explore your legal options. Over the years, we have filed many broker fraud lawsuits for foreign nationals, including Northstar Financial Services (Bermuda) investors.
Annuities from this offshore insurance company were marketed and sold by brokerage firms that appear to have prioritized the chance to earn high commissions over investors’ best interests given that owner Greg Lindberg has long been suspected of fraud. Northstar (Bermuda) has since filed for bankruptcy and gone into liquidation. Meanwhile, the insurance magnate, who was recently released from prison, is facing two criminal trials. Earlier this year he was charged with defrauding annuity investors in an over $2B scam.
Why You Want To Work With a Seasoned Northstar Financial Services (Bermuda) Attorney
Among those who suffered significant losses in Northstar (Bermuda) are investors from Asia and Latin America, many of whom are working with us. This includes, most recently, a Japanese retiree who is suing Bankoh Investment Services and its registered representative Yoko Farias for up to $500K. The claimant is alleging negligence, due diligence failures, unsuitability, overconcentration, and gross lack of supervision of Farias by the brokerage firm. He is also claiming misrepresentations and omissions considering that he was never informed of the risks or the negative developments that went on to impact Northstar Financial Services (Bermuda).
This is just one of a number of annuity fraud lawsuits we have filed against Bankoh and Farias. It is also one of more than 100 Northstar (Bermuda) claims that Shepherd Smith Edwards and Kantas are currently representing dozens of broker-dealers in FINRA arbitration.
Should we agree to work together, you will become part of our unit of securities fraud cases involving Northstar Financial Services (Bermuda). By now, opposing counsel for broker-dealers knows who we are and that we have the skills, manpower, and resources to provide each of our clients with quality securities law representation. Not only that but because broker-dealers will be dealing with us for the long haul with these lawsuits, they know that they need to take each claim that we represent very seriously.
Why You Should Consider Filing Your Own Annuity Fraud Lawsuit Rather Than Just Waiting On The Outcome Of The Liquidation Proceedings
Bankruptcy proceedings can drag on for years and who knows if there will be much, if anything, for investors to recover at the end. Lindberg is not only accused of defrauding investors but also he has long been suspected of funneling funds from insurers like Northstar (Bermuda) to his special-purpose vehicles. Also, with these types of cases, whatever you recover will be shared among thousands of claimants.
Filing your own investor loss lawsuit against your broker-dealer, however, can maximize your chances for a full recovery of your losses, especially when you are working with skilled securities fraud lawyers that are here to fight for you while protecting your legal rights. More than 90% of investors that we have worked with have received full or partial financial recovery with our help.
How To Request Your Free, No Obligation Case Consultation with a Northstar Financial Services (Bermuda) Attorney:
In The US: (800) 259-9010
International (WhatsApp – text only): 713-227-2400
You can also contact us online.