Articles Tagged with Financial Advisor Negligence Attorney

Why Colorado Bankers Life Insurance And Bankers Life Insurance Investors Should Continue To Explore Their Legal Options 

Greg Lindberg’s Proposal To Buy Policies From Investors Is Not A Guarantee of Financial Recovery 

Beleaguered insurer Greg Lindberg—the owner of Colorado Bankers Life Insurance, Bankers Life Insurance Company (BLIC), Northstar Financial Services (Bermuda), and a number of other insurance companies—is now asking a North Carolina court to allow him to use the $40M meant to cover his personal tax liabilities from the sale of one of his companies to buy annuities from CBLI and BLIC policyholders who are having financial problems. Currently, tens of thousands of investors, many of them retirees, and seniors, have been unable to access their funds in these annuities over the past few years.