Articles Posted in Financial Firms

Florida Retiree Files 7-Figure Colorado Bankers Life Insurance Loss Lawsuit Against Citizens Securities. Our Annuity Loss Recovery Attorney Are Representing This Claimant

A senior investor who worked with former Citizens Securities broker David Paul Kopsak is suing the broker-dealer for up to $1,000,000 over losses that she sustained in Colorado Bankers Life Insurance Company. The brokerage firm is the one who approached her through Citizens Bank where she and her husband primarily had their money in CDs.

Promising to give her trustworthy financial advice, they then allegedly unsuitably recommended the couple place a substantial portion of their funds in a “very safe” CB Life annuity.

GWG Wind Down Trust Report Confirms That Filing A FINRA Lawsuit Is L Bond Investors’ Best Chance For Financial Recovery. Our GWG L Bond Loss Recovery Lawyers Are Representing Claimants In Suing Their Brokers

On February 15, the GWG Wind Down Trust report submitted a status report with the US Bankruptcy Court for the Southern District of Texas for the quarter that concluded on December 31, 2023.

While the Trust was able to generate money through a sale of certain tangible assets and its life insurance policy portfolio, it noted that it is finding it challenging to sell its shares in Beneficient, which last week closed at $0.2561/share—a significant drop from the original $15/share price.

Are You Someone Who Suffered Losses While Working With Ex-American Portfolios Financial Services Broker Mark Hopkins? Our Broker Fraud Attorney Teams Want To Talk To You 

Nearly one year after the US Securities and Exchange Commission (SEC) permanently barred American Portfolios Financial Services stockbroker Mark Lewton Hopkins, Shepherd Smith Edwards and Kantas ( are continuing to investigate claims of investment losses involving his former clients. The ex-Michigan financial advisor has been serving a prison term for defrauding investors.

Hopkins was a registered representative with American Portfolios Financial Services for nearly a decade. The firm allowed him to resign in 2018 over allegations that he engaged in selling away. Hopkins was barred by the Financial Industry Regulatory Authority (FINRA) in 2019. He worked at other broker-dealers before that during his 23 years in the industry.

Venezuelan Family Sues Truist Investment Services For Northstar (Bermuda) Losses

Shepherd Smith Edwards and Kantas ( Northstar Financial Services Investment Loss Attorney Teams are representing Latin American investors in pursuing damages from the US-based brokerage firms that unsuitably marketed and sold them Northstar Financial Services (Bermuda) annuities. This includes three Venezuelan claimants, all from the same family, who are seeking up to $500K from Truist Investment Services.

Six-Figure FINRA Lawsuit Alleges Overconcentration Of Savings In Unsuitable Offshore Annuities

Northstar (Bermuda) Investors To Receive Update On Liquidation, Distribution Payments. Shepherd Smith Edwards and Kantas Northstar Securities Law Attorney Team Is Continuing To Investigate Losses

If suffered serious losses in Northstar Financial Services (Bermuda), please contact Shepherd Smith Edwards and Kantas ( We are representing many investors in pursuing damages against the broker-dealers that unsuitably marketed and sold them annuities from this offshore company that went bankrupt in 2020.

Following a hearing on January 19, 2024, the Joint Provisional Liquidators (JPLs) for Northstar (Bermuda) received procedural directions instructing them to give creditors and policyholders details regarding proposed next steps in the liquidation proceedings, payments of certain distributions, and the valuation of claims. This information is supposed to be provided by February 15, 2024, at the latest.

Florida Retirees File Six-Figure Tuscan Gardens Loss Lawsuit Against Delta Securities and Ex-Broker Sean Casterline  

Our Private Placement REIT Fraud Lawyers Are Representing These Claimants 

A Palm Coast, Florida couple is suing Delta Securities and its formerly registered broker Sean Donovan Casterline for up to $500K over losses they sustained in Tuscan Gardens, a Regulation D privately traded real estate investment trust (REIT). Shepherd Smith Edwards and Kantas ( are representing these retirees and others in their private placement loss lawsuits involving Tuscan Gardens REIT. We are also continuing to investigate further claims of investor losses.

Pariter Securities May Have Sold ICap Investments To Investors Now Suffering Huge Losses. Our Reg D Private Placement Lawyers Represent iCap Investors

At Shepherd Smith Edwards and Kantas (, it has come to our attention that Pariter Securities may have unsuitably sold iCap investments to customers. Now, in the wake of real estate investor and manager iCap Enterprises’ Chapter 11 bankruptcy protection, these investors and many others are reporting huge investment losses.

iCap raised $245M from investors through a number of independent brokerage firms that earned high commissions from the sales of:

Chinese Investors File Northstar (Bermuda) Lawsuit For Over $5 Million Against Cetera. 

Our Northstar Bermuda Loss Attorneys Represent Foreign Nationals in The US and Abroad Against Broker-Dealers

In our latest Northstar Financial Services (Bermuda) loss lawsuit against Cetera Investment Services, Shepherd Smith Edwards and Kantas ( are representing two Chinese citizens, one living in the US and one abroad, in their more than $5M annuity loss claim that was brought in Financial Industry Regulatory Authority (FINRA) arbitration.

For GWG L Bond Investors, Pursuing Damages From Broker-Dealers May Be Best Chance of Getting Their Money Back 

Plan To Sell BENF Shares Could Result in 10 or 20 Cents on The Dollar for Bondholders 

If you are one of 27,000 GWG L Bond investors hoping to recover your losses through a class action securities fraud lawsuit or the ongoing bankruptcy proceedings against GWG Holdings L Bonds, the time to explore other legal options with a seasoned L Bond Investment Loss Lawyer is now. GWG is accused of operating an alleged more than $1.6B Ponzi scam. Its chairman Brad Heppner, who is also The Beneficient Company Group founder, is accused of running this purported multi-year fraud.

For Northstar Financial Services (Bermuda) Investors The Time To Act Is Now

Our Seasoned Annuity Investor Loss Attorneys May Be Able To Help You Go After Your Broker

Nearly two and a half years after Northstar Financial Services (Bermuda) filed for bankruptcy protection, there has been no significant progress in liquidation proceedings. If you are someone who invested in an annuity or annuity-like product from this offshore entity and suffered significant losses, the time to act is now and contact our team of Annuity Investor Loss Attorneys.

Contact Information