CB Life Annuity Fraud Attorneys

For CB Life Annuity Fraud Investors, Suing Their Broker May Be The Best Option For Financial Recovery. Our CB Life Annuity Fraud Attorneys Continue To Investigate Claims of Loss

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing investors who have suffered losses in CB Life annuities issued by Colorado Bankers Life Insurance. These investments were marketed and sold by US-based brokerage firms that earned high commissions and fees. Meanwhile, thousands of investors have lost money in the six-figures.

Colorado Bankers Life Insurance is one of the many insurers owned by Greg Lindberg, who was recently convicted of wire fraud and is accused of defrauding annuity investors of over $2B. Placed in liquidation by the North Carolina Department of Insurance, this entity was found to have assets of about $1.37B and liabilities of $2.5B. Lindberg has long been suspected of funneling money from his insurance companies to his special purpose vehicles. Adding insult to injury, many CB life annuity investors are finding that their investment was never fully protected because they invested more than what could be covered.

A lot of CB Life annuity investors are retirees and seniors who have now seen their money, including their retirement money and life savings, frozen in this investment for the last few years. They are saying that they had no idea just how risky a proposition this was for them to get involved because they trusted their financial advisors and what has proven to be their allegedly unsuitable investment recommendation.

How Can Our CB Life Annuity Fraud Attorneys Help You?

Since 2020, Shepherd Smith Edwards and Kantas has zealously represented annuity investors against broker-dealers that sold Lindberg-issued investments. This includes working with foreign nationals many of whom were sold annuities from his Northstar Financial Services (Bermuda), PB Investment Holdings, and other insurance companies.

We are representing more than 100 annuity investors in pursuing damages from their financial advisors for alleged unsuitability, misrepresentations and omissions, concentration, excessive trading, negligence, gross negligence, failure to supervise, and more.

We are highly knowledgeable about CB Life annuities and how to hold broker-dealers liable. If we decide to work together, you will become part of our unit of annuity fraud lawsuits that are represented by our entire firm. This can only benefit you while maximizing your chances for a full recovery.

With over a combined more than a 100 years’ worth of experience in the securities industry and securities law, we have the resources and skills needed to take on even the most complex kind of investment loss recovery claims. For your Colorado Bankers Life Insurance fraud lawsuit against your broker, this will likely mean filing your lawsuit in Financial Industry Regulatory Authority (FINRA) arbitration. This is not the same as pursuing damages in court. You want savvy FINRA lawyers like us on your side fighting for you while protecting your legal rights.

Over the decades, through our hard work and dedication, thousands of clients have received full or partial financial recovery. Your first step is to contact us today to request your free, no obligation case assessment. When you hire with us, you will only pay for our legal services if we obtain your financial recovery. That is where your fees will come from and not directly out of your own pocket.

Contact Our CB Life Annuity Fraud Attorneys
Call (800) 259-9010 or fill out this form.