An Update for Northstar Financial Services (Bermuda) Investors
Our Trusted Annuity Fraud Lawyers Continue to Pursue Brokerage Firms Over Investment Losses
In a February 3 letter, Northstar Financial Services (Bermuda) Ltd. (in Liquidation) notified shareholders that the substantive hearing of the Segregation Application will occur from April 24 to May 2, 2023, at the Supreme Court of Bermuda. It will be attended by attorneys for the joint provisional liquidators (JPLs), the Class Representatives, and the Amicus Curae. The letter also stated that the JPLs have filed a lawsuit in US Bankruptcy Court against Northstar (Bermuda) owner Greg Lindberg, his Global Growth Holdings, its affiliates, and others. Lindberg, who is currently out of prison, is awaiting a retrial and is also facing other criminal and regulatory charges.
As an investor who suffered losses in Northstar Financial Services (Bermuda), you may be anxiously worrying about whether you will ever recoup your money. While this offshore entity, which filed for bankruptcy in late 2020, is now in liquidation, it is important to note that there is a very good chance that Northstar (Bermuda) investors may not recover much, if anything, from these liquidation proceedings. However, you may be able to pursue damages from your broker-dealer that sold you Northstar Financial Services (Bermuda) annuity and annuity-like products, which is where Shepherd Smith Edwards and Kantas (investorlawyers.com) can help.
Representing Dozens of Northstar (Bermuda) Investors Who Are Suing For Damages
Our skilled annuity investment loss attorneys in the United States are representing dozens of clients, including foreign nationals, whose financial advisors may have unsuitably recommended and sold Northstar (Bermuda) to them. Many of these investors were international customers, including older investors, inexperienced investors, and retirees, who had looked to the US as a safe haven for their assets. Instead, their brokers marketed and sold them illiquid, risky annuity and annuity-like products from a troubled offshore company that paid their broker-dealers high commissions and fees. Visit Northstar Financial Services Bermuda FAQs to find out more.
How Can Our Experienced Northstar Financial Services (Bermuda) Annuity Investment Loss Attorneys Help?
Whether you are a US resident or a foreign national who lives abroad, if you want to pursue damages over your Northstar (Bermuda) investor losses, you will likely have to do so in FINRA arbitration. To do this, you want to retain a securities law firm that has experience in representing investors in arbitration proceedings and has secured successful settlements and awards on clients’ behalf. Shepherd Smith Edwards and Kantas have spent more than 30 years fighting for investors in mediation, litigation, and arbitration. More than 90% of those we have represented have achieved full or partial financial recovery.
We work with many Northstar (Bermuda) investors from all over Latin America and Asia, including China and Japan. We already have conducted extensive discovery into why these products specifically failed, as well as the ways in which the many brokerage firms that sold them engaged in unsuitable investment recommendations, made misrepresentations and omissions, failed to conduct proper due diligence, were negligent, and failed to properly supervise their financial advisors. Should we agree to work together, we will harness all of this knowledge into building a sold investor lawsuit on your behalf. By the time we present your individual claim to the FINRA arbitration panel, they will know who you are and how broker fraud has impacted your finances and your life.
When you retain Shepherd Smith Edwards and Kantas, you are hiring our entire time of skilled securities lawyers, paralegals, and legal assistants that have over a century’s worth of combined experience in securities law and the securities industry. Your Northstar (Bermuda) investor lawsuit will receive personalized attention and our dedicated legal care.
To schedule your free, no-obligation case consultation so that we can help you determine whether you have grounds for a FINRA lawsuit over your Northstar Financial Services (Bermuda) losses:
In the US: (800) 259-9010
Línea Gratuita México: (800) 283-3403
International Via WhatsApp (text only): (713) 227-2400