Northstar Financial Services

Northstar Bermuda Loss Attorneys

Published on: June 8, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Northstar Financial Services (Bermuda) Investor Sues Cetera For Up to $5M. Our Northstar Bermuda Loss Attorneys Are Representing This Chinese Investor in The US

A retiree who resides in China is suing Cetera Investment Services for losses she sustained in Northstar Financial (Services) Bermuda, which, she alleges, the US broker-dealer unsuitably recommended to her. In her FINRA arbitration claim, this investor is seeking up to $5M in damages. Shepherd Smith Edwards and Kantas Northstar Bermuda Loss Attorneys (investorlawyers.com) are representing this claimant.

This senior retiree thought it would be wise to place the family’s assets in the US for safekeeping to avoid the financial risks and fluctuations that are common in China. She opened an account with East West Bank, which is how she met Cetera broker Jason Chi-Jui Chiu, who spoke her native language. Chiu has worked in the industry for 23 years.

Northstar Bermuda Fraud Attorneys

Published on: March 3, 2025 | by Shepherd Smith Edwards & Kantas, LLP

Northstar Financial Services (Bermuda) Investors Still Have Time To Sue Their Broker-Dealers. Our Northstar Bermuda Fraud Attorneys Continue To Speak To Foreign Nationals Who Have Suffered Losses

More than four years after Northstar Financial Services (Bermuda) filed for bankruptcy protection, Shepherd Smith Edwards and Kantas (investorlawyers.com) continue to receive calls from investors from Japan, China, and all over Latin America who have sustained serious losses because their US-based broker-dealer marketed and sold them these offshore annuities. To date, we have filed more than 100 FINRA lawsuits on behalf of both Americans and non-US citizens who have sustained serious losses issued by the different insurers owned by Greg Lindberg. The North Carolina billionaire acquired Northstar (Bermuda) in 2018. Last year, he pleaded guilty to running a $2B annuity fraud.

Throughout the US and internationally, our Northstar Financial Services (Bermuda) loss attorneys are the ones that many investors have turned to in terms of determining whether their financial advisors unsuitably recommended this investment, made misrepresentations and omissions about the risks, overconcentrated their accounts, disregarded their best interests, or were negligent or even grossly negligent. Unfortunately, the temptation of high commissions appears to have compelled many financial advisors to disregard red flags indicating anything was amiss.

Northstar Fraud Law Firm

Published on: October 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Spanish Investors Sue Insigneo Securities For Up to $500K Following Northstar (Bermuda) Losses. Our Northstar Fraud Law Firm Are Representing These Claimants And Many Others

Shepherd Smith Edwards and Kantas Northstar Fraud Law Firm (investorlawyers.com) is representing two Spanish citizens in their Northstar (Bermuda) investment loss recovery claim against Insigneo Securities. The claimants, who are requesting up to $500K, in addition to interest and costs, are alleging unsuitable investment recommendations, concentration, misrepresentations and omissions, a gross lack of supervision, negligence, grossly negligent behavior, and more.

The couple, one of whom is now deceased, were referred to Insigneo (when it used to be Northeast Securities) through City National Bank in South Florida where they were residents. The wanted a safe haven for their assets. Instead, the broker-dealer allegedly abused their trust by overconcentrating a huge portion of their assets in Norhtstar Financial Services (Bermuda), an offshore investment that is now defunct.

Northstar Financial Fraud Law Firm

Published on: September 13, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Northstar Financial Services (Bermuda) Investors Who Suffered Losses May Be Able To Sue Their Brokers. Our Northstar Financial Fraud Law Firm Are Representing Asian and Latin American Nationals

The Shepherd Smith Edwards and Kantas Northstar Financial Fraud Law Firm (investorlawyers.com) continue to investigate Northstar Financial Service (Bermuda). Many of the investors who suffered losses are foreign nationals from countries in Asia and Latin America, including the Caribbean, who were unsuitably recommended this offshore entity by their US stockbroker.

To date, we are representing more than 100 investors with an annuity fraud lawsuit against a broker-dealer. Here is a list of firms we are suing. Many are respondents in multiple Northstar (Bermuda) lawsuits that we are helming:

Northstar Financial Services Loss Attorneys

Published on: August 18, 2024 | by Shepherd Smith Edwards & Kantas, LLP

There Is Still Time For Asian Investors To Try Recouping Their Northstar (Bermuda) Losses. Our Northstar Financial Services Loss Attorneys Represent International Investors Against US-Based Brokerage Firms

In the latest news involving Northstar Financial Services (Bermuda), owner Greg Lindberg is now under further scrutiny by the federal government, which seeks forfeiture of $1.5M in funds seized from him. The North Carolina billionaire, who was recently convicted again of bribery and fraud, is awaiting another criminal trial in which he is accused of defrauding annuity investors of more than $2B.

Among his alleged victims are investors from Asia, especially China and Japan, who were unsuitably marketed and sold Northstar Financial Services (Bermuda) investments by US-based brokerage firms. Investing in this offshore entity was a risky proposition from the start. Foreign nationals were deprived of the regulatory protections they could have availed of if only their financial advisor had sold them comparable US-based products instead.

Northstar Bermuda Annuity Fraud Attorneys

Published on: May 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Northstar (Bermuda) & Colorado Bankers Life Insurance Owner Sued For Allegedly Trying To Avoid Paying $580M Legal Debt. Annuity Holders Waiting For Payouts Should Explore Filing Broker Fraud Lawsuits

If you are an investor who suffered losses in Northstar Financial Services (Bermuda), Colorado Bankers Life Insurance, or another insurer owned by billionaire Greg Lindberg, you may want to explore other legal options beyond waiting to get back your money from liquidation or bankruptcy proceedings. If you contact us today, the Shepherd Smith Edwards and Kantas Northstar Bermuda Annuity Fraud Attorneys (investorlawyers.com) can help you assess whether you have grounds for a claim against your broker-dealer for allegedly unsuitably recommending these troubled annuities.

While many investors may be wary of filing a broker negligence lawsuit, the truth is that recovering all, possibly even any of your funds, through those other avenues is unlikely. These insurers are already heavily in debt. Lindberg, who is awaiting two criminal fraud trials, is suspected of funneling money from them to his special-purpose vehicles. He also owes hundreds of millions of dollars in litigation and his legal woes are only worsening.

Northstar Bermuda Broker Fraud Attorney

Published on: May 8, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Our Northstar Bermuda Broker Fraud Attorney Represents South American Investors Over Northstar (Bermuda) Losses

Argentine Family Seeks Up To $1M in Damages from Truist Investment Services

Shepherd Smith Edwards and Kantas (investorlawyers.com) represent clients throughout Latin America and South America who suffered losses because a US-based brokerage firm marketed and sold them Northstar Financial Services (Bermuda) annuities. This includes a family in Buenos Aires—mostly of retirees—who entrusted Truist Investment Services (AKA SunTrust Investment Services) to keep their money secure. Now, they are suing the brokerage firm for up to $1,000,000 in damages.

Northstar (Bermuda) Financial Services Investment Loss Attorney

Published on: February 15, 2024 | by Shepherd Smith Edwards & Kantas, LLP

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

Shepherd Smith Edwards and Kantas (investorlawyers.com) 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) Securities Law Attorney

Published on: February 15, 2024 | by Shepherd Smith Edwards & Kantas, LLP

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 (investorlawyers.com). 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.

Northstar Bermuda Loss Attorneys

Published on: February 1, 2024 | by Shepherd Smith Edwards & Kantas, LLP

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 (investorlawyers.com) 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.