投资者律师博客Tokyo Investors File $500K Northstar Financial Services (Bermuda) Arbitration Claim Against UnionBanc Investment Services
Northstar Bermuda听证会将在加利福尼亚州旧金山举行
来自日本东京的两名索赔人从Unionbanc Investment Services，LLC追求高达50万美元的损害赔偿。与之相关的投资者认为，他们的Unionbanc经纪人过度调整了他们的所有资产Northstar金融服务(Bermuda)并造成了巨大的六位数投资损失。
Our investor fraud attorneys are representing these Japanese investors in their FINRA arbitration claim. A panel of three arbitrators will hear their case in San Francisco, California.
Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is fighting for Northstar Financial Services (Bermuda) investors against the brokerage firms that unsuitably recommended and sold them this off-shore account to their financial detriment. Already, we have investigated a number of brokerage firms, including but not limited to:
- Raymond James Financial
- Bankoh投资服务
- Truist投资服务
- SunTrust Investment Services
联系我们today so that we can help you explore your legal options to recover your losses.
UnionBanc Unsuitably Recommended Northstar Financial Services (Bermuda) Products to Conservative Investors
投资者最初只有在联合银行拥有传统帐户，但那里的人将他们与联合包经纪人联系起来。Unionbanc Investment Services是联合银行子公司。
It is unclear why the UnionBanc financial advisor would recommend Northstar Financial Service (Bermuda) products, which paid very little, to these customers that could have invested in a US-based annuity that offered the same tax features but was better regulated.
Yet, the UnionBanc stockbroker claimed Northstar was a safe investment that supposedly met the claimants’ low-risk threshold along with their desire to make returns. These inexperienced investors trusted the advice of their financial advisor. Now, they are left with serious investment losses.
Northstar金融服务(Bermuda) is in liquidation proceedings after filing for bankruptcy protection. Its owner Greg Lindberg is serving several years in prison. He also likely funneled money from this off-shore entity to US-based special purpose vehicles that he ran. It appears that the only way that investors will get their money back is if they work with seasoned securities lawyers.
High Commissions Likely Incentive For UnionBanc Investment Services Selling Off-Shore Annuity
Considering that the Northstar product that the claimants invested was just a one-year short-term annuity, UnionBanc had every opportunity —especially after Lindberg’s arrest—to remove these customers from this investment.
取而代之的是，每当年金到期时，公司都会为这些投资者续签，这些投资者不知道风险/奖励比率已经不复存在。同时，Unionbanc及其财务顾问从营销和向客户出售Northstar Financial Services（Bermuda）的高佣金和费用。
The brokerage firm’s supervision of their broker and these claimants’ accounts was lacking and grossly negligent. Had there been proper supervision, it would have been easy to determine that Northstar (Bermuda) was an unsuitable investment for these customers. Instead,虚假陈述和遗漏were made to them.
Seasoned Securities Attorneys Can Help You Recoup Investment Losses
这家离岸公司的投资者可能欠7000万美元。如果您投资以下任何北极星金融服务（百慕大）产品，请立即寻求法律建议：
- Global Interest Accumulator
- Global VIP Elite
- Global Advantage Select
- 全球优势加上系列
- Global Index Product
If you are a foreign national who suffered losses in Northstar (Bermuda) investments that were sold to you by a US-based broker-dealer, call SSEK Law Firm today at(800) 259-9010。如果基于国际，请通过（713）227-2400通过WhatsApp向我们发短信，与经验丰富的Northstar Financial Services（Bermuda）律师交谈。