CB Life Annuity Loss Attorneys Tag Archives

Even With The Liquidation of Colorado Bankers Life Insurance Cleared To Move Forward, Investors’ Best Bet For Financial Recovery Remains Exploring Their Legal Options. Our CB Life Annuity Loss Attorneys Continue To File Claims Against Broker-Dealers

The North Carolina Supreme Court has cleared the way for the liquidation proceedings of Colorado Bankers Life Insurance and Bankers Life Insurance. Both are owned by convicted fraudster Greg Lindberg.

Delays to the insurers’ liquidation proceedings left many thousands of investors with their money frozen over the last few years. However, just because the remaining issues that were roadblocks have been dismissed, this doesn’t mean that both entities can pay investors what they are owed. Not only that but Lindberg is awaiting another criminal trial accusing him of defrauding annuity holders of $2B. He also owes hundreds of millions of dollars in legal judgments.

_{Northstar (Bermuda) and Colorado Bankers Life Insurance Owner Greg Lindberg Found Guilty of Bribery A Second Time.}_{Our Seasoned Annuity Fraud Lawyers Are Representing Investors Who Suffered Losses In One of His Many Insurers}

_{If you sustained losses in}_{Colorado Bankers Life Insurance}_{, Bankers Life Insurance,}_{Northstar Financial Services (Bermuda)}_{, or any other Greg Lindberg-owned insurer, Shepherd Smith Edwards and Kantas (}_{investorlawyers.com}_{) CB Life Annuity Fraud Attorneys can help you explore your legal options. Unfortunately, many US broker-dealers sold these annuities to investors, including US investors and foreign nationals. These retail investors have seen their assets frozen and/or lost in the wake of the insurance companies’ financial woes and Lindberg’s legal and criminal troubles.}

_{Now, the North Carolina billionaire has been convicted for a second time of bribing North Carolina Insurance Commissioner Mike Causey. He is facing up to 30 years in prison. He was convicted in 2020 of the same charges and served nearly two years behind bars. However, a judicial mistake led to that verdict being overturned.}