Investor Lawyers Blog

FINRA Lawsuit Attorney

Published on: August 8, 2023 | by Shepherd Smith Edwards & Kantas, LLP

For Northstar Financial Service (Bermuda) Investors, Suing Their Broker-Dealer Remains The Best Avenue for Financial Recovery

Bermuda Supreme Court’s Latest Ruling Doesn’t Bring Annuity Holders Any Closer To Getting Their Money Back

Since 2020, Shepherd Smith Edwards and Kantas the FINRA Lawsuit Attorney team have been representing investors that suffered losses after their broker-dealer marketed and sold them Northstar Financial Services (Bermuda) annuities. These investors are foreign nationals, including retirees, who looked to the US as a safe haven for their assets. Instead, their financial advisors allegedly unsuitably invested their funds in these risky, little-protected offshore annuities while promising that their money would be secure.

Broker Theft Attorney

Published on: August 8, 2023 | by Shepherd Smith Edwards & Kantas, LLP

When Failure To Supervise Enables Broker Theft

LPL Financial Fined $3M After Its Financial Advisors Steal From 13 Customers

If your broker-dealer failed to identify and investigate red flags indicating possible misconduct or fraud by your financial advisor you may be able to hold them liable for your investment losses. Recently, the Financial Industry Regulatory Authority (FINRA) fined LPL Financial $3M after finding that the firm allegedly failed to properly supervise its registered representatives, which placed customers at risk of suffering serious investment losses. This included its purported failure to stop two of its brokers from misappropriating $2.4M from 13 clients, most of whom were senior investors.

Annuity Fraud Lawyers

Published on: August 8, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Why CB Life Annuity and Northstar (Bermuda) Investors Should Explore Suing Their Broker

Owner Greg Lindberg’s Money Woes, Along With Fraud Charges, Pile Up

If you are an investor whose assets are frozen in Colorado Bankers Life Insurance, Southland Reinsurance Company, Northstar Financial Services (Bermuda), or another Greg Lindberg-owned insurance company, now is the time to explore whether you have grounds for suing your broker for marketing and selling you these companies’ annuities. All of Lindberg’s insurers are currently in rehabilitation or liquidation. With his financial, regulatory, and criminal fraud charges continuing to grow, waiting for those proceedings, or the North Carolina billionaire himself, for any type of financial relief will be a lengthy and arduous process. Who knows if investors will get back much, if anything at all from them, in the end.

Broker Fraud Lawyers

Published on: August 8, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Can International Investors Pursue Their Northstar (Bermuda) Losses From Cetera Investment Services?

Chinese Investor Sues US-Based Broker-Dealer For Up to $500K in Damages

If you are a foreign national who suffered losses after Cetera Investment Services or another US-based broker-dealer marketed and sold you Northstar Financial Services (Bermuda) investments, know that there are legal remedies available to you for recovering your losses. This includes, potentially, suing the brokerage firm and their registered representative in Financial Industry Regulatory Authority (FINRA) arbitration.

Disabled and Elder Financial Abuse Lawyers

Published on: August 8, 2023 | by Shepherd Smith Edwards & Kantas, LLP

When Seniors and Disabled Investors Are Defrauded By Their Brokers

SEC Charges Ex-Centaurus Broker Joseph Michael Todd For Misappropriating $3M From Customers

If you are an older or disabled investor who was the victim of broker fraud, you may be able to sue the broker-dealer for damages by contacting our disabled and elder financial abuse lawyers. Even if the financial firm was unaware of their financial advisor’s misconduct, if they failed to properly supervise this registered representative and their activities in your account, the firm could be held liable.

Northstar Financial Services (Bermuda) Attorney

Published on: August 1, 2023 | by Shepherd Smith Edwards & Kantas, LLP

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.

Louisiana Broker Fraud Attorneys

Published on: August 1, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Louisiana Broker Fraud Attorneys

Our Seasoned New Orleans Securities Law Firm Represents Investors Against US-Based Broker-Dealers

Trusting a financial professional to manage your funds comes with the hope that they will, at the very least, keep your money safe if not grow your assets. Unfortunately, that isn’t always what happens. Investors have been known to suffer serious portfolio losses due to broker fraud or misconduct. From our Metairie securities law offices in Jefferson Parish, Shepherd Smith Edwards and Kantas (investorlawyers.com) represents Louisiana clients in pursuing damages from US-based broker-dealers through arbitration, mediation, and litigation.

Illinois Broker Fraud Attorneys

Published on: August 1, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Illinois Broker Fraud Attorneys

Our Trusted Chicago Securities Law Firm Represents Illinois Investors Against Their Broker-Dealers

If you lost money on NYSE Chicago or in an investment that was marketed to you by a US financial advisor, and you are wondering whether stockbroker fraud or negligence was a factor, Shepherd Smith Edwards and Kantas (investorlawyers.com) can help you explore your legal options. We represent investors throughout The Prairie State in holding broker-dealers liable for our client’s losses.

Annuity Loss Attorneys

Published on: August 1, 2023 | by Shepherd Smith Edwards & Kantas, LLP

I’m A CB Life Annuity Investor. Can I Sue My Citizens Securities Broker For My Losses?

Brokerage Firm Allegedly Sold Colorado Bankers Life Insurance Annuities To Retirees and Seniors

If you are one of the tens of thousands of investors whose funds have been frozen in a CB Life annuity from Colorado Bankers Life Insurance, you may be able to sue your broker-dealer for your losses. Dozens of brokerage firms are believed to have sold this financial product to investors, many of them older investors and retirees. The insurer remains in rehabilitation.

Selling Away Lawyers

Published on: August 1, 2023 | by Shepherd Smith Edwards & Kantas, LLP

What To Know About Broker Selling Away

Ex-American Trust Financial Advisor David Geake Is Barred Following 25 Customer Disputes

The Financial Industry Regulatory Authority (FINRA) has barred former stockbroker David Geake for alleged broker misconduct. Geake, who most recently was an American Trust Investment Services financial advisor, has 25 customer disputes on his CRD. He was fired from another broker-dealer Ausdel Financial Partners for allegedly selling away, which appears to be the reason for the industry bar.