投资者律师博客代表拉丁美洲投资者的经验丰富的投资损失律师
Seasoned Northstar (Bermuda) Investment Loss Lawyers Representing Latin American Investors
Six-Figure Brokerage Firm Arbitration Claim Filed Against Truist Investment Services
两年后Northstar Financial Services (Bermuda)filed for bankruptcy protection, the number of Latin American investors who are seeking to pursue damages from their broker-dealers for unsuitably recommending annuity-like products from this offshore entity continues to grow. At Shepherd Smith Edwards and Kantas (investorlawyers.com), our skilled investor loss attorneys are representing many of these investors in Financial Industry Regulatory Authority (FINRA) arbitrations.
最近，其中包括另一个委内瑞拉国民，他遭受了巨大的损失，因为Truist Investment Services及其注册代表据称不合适且完全不适当的经纪人不当行为。这位索赔人在美国寻求避风港的避风港，现在已经失去了大量的一生储蓄。在我们经验丰富的Northstar（百慕大）投资者损失律师的帮助下，他对Truist提起了FINRA诉讼，他正在寻求收回高达50万美元的损失。
在他的经纪公司仲裁主张中，索赔人指控虚假陈述和遗漏，疏忽，过度精神，不适合投资建议，严重缺乏监督以及其他经纪人的不当行为指控。仲裁听证会将在佛罗里达州的博卡拉顿举行。
为什么像北极星金融服务（Bermuda）这样的风险，晦涩的投资不适合包括外国国民在内的许多投资者？
To be clear, there is nothing preventing foreign nationals from investing in US securities, which is why many investors from abroad will choose to bring their funds here. Often countries with volatile economies, are seeking a more stable haven for their money while wanting to take on little if any, risk at all. This can be said for many investors from Latin America and Asia who entrusted their funds with Truist and many other US-based broker-dealers that ended up investing their money in Northstar (Bermuda) products.
然而，北极星金融服务（百慕大）投资没有涵盖美国投资的相同保护。Not only is the company only located in Bermuda, which, as far back as 2011 was deemed by Moody’s as having a negative outlook for investing—in part because it has no Central Bank—but it was taken over by billionaire Greg Lindberg in 2018. Lindberg, who has since spent time in prison for wire fraud and bribery, is believed to have redirected Northstar (Bermuda)’s assets to other entities he controlled. This is why by September 2020, the company could report just $8M in assets and an over $260M deficit. Who knows if anything will ever be recovered by the receiver in Bermuda. This is why it is so important that as a Northstar (Bermuda) investor, you explore what may be the best legal options for you to recover damages.
This is not the only FINRA lawsuit we have filed against Truist on behalf of clients who have suffered Northstar Financial Services (Bermuda). Truist is a FINRA-registered subsidiary of SunTrust Bank. Many claimants started out as clients of SunTrust, with the latter then referring them to Truist brokers for investing advice. One can only assume that the high commissions and fees that broker-dealers like Truist Investment Services and their financial advisors could earn from selling Northstar Financial Services (Bermuda) investments to customers, including conservator investors and retirees, was a primary incentive.
What Should You Do If You Suffered Northstar (Bermuda) Investor Losses?
Broker-dealers such as Truist Investment Services owe you a fiduciary duty to only recommend investments that are suitable for you given your investing goals, risk tolerance level, age, portfolio, finances, and other criteria. They are also supposed to give you an accurate assessment of the degree of risk you are taking on.
Consider that many investors who were sold Northstar Financial Services (Bermuda) by their brokers are saying that they were told there was not much risk involved. This is why so many of them have since been blindsided and shocked to discover how much they have lost. For many of these investors, their life savings have taken a devastating financial hit.
Unfortunately, it is highly unlikely you will recover anything directly from Northstar (Bermuda). However, you may be able to hold your brokerage firm liable for unsuitably recommending its financial products to you by filing your own securities fraud lawsuit inFINRA仲裁。尽管您不必居住在美国，但您将需要该国经验丰富的投资损失律师的帮助来代表您提出可靠的投资者损失索赔。
It is important to know that the decision made by your arbitration panel will be final and cannot be appealed. This is why you want to make sure you are represented by a knowledgeable brokerage firm misconduct law firm that knows how to gather the necessary evidence to prove liability and build a convincing case on your behalf.
For over 30 years, Shepherd Smith Edwards, and Kantas have been fighting for investors and protecting their legal rights. We have represented thousands of clients, collectively recovering many millions of dollars for them.
为了利用您的免费，没有义务与我们的投资损失律师进行初步咨询：
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