Northstar Financial Services (Bermuda)

$500K Northstar Financial Services (Bermuda) Claim Brought Against Truist Investment Services by Venezuelan Investors

Published on: August 12, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Claimants are Older South American Investors Who Suffered Six-Figure Loss

Two investors have filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Truist Investment Services, Inc., which is the broker-dealer unit of SunTrust Investment Services. The claimants, who are related, are seeking up to $500K plus interest and costs after they suffered investment losses in Northstar Financial Services (Bermuda). A panel of arbitrators will hear their case in Boca Raton, Florida.

Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is representing these South American investors in fighting to recover their losses sustained after their Truist broker unsuitably recommended and sold Northstar Financial Services (Bermuda) products to them. If you too suffered similar losses, contact us today.

South American Retirees File $5M Northstar Financial Services (Bermuda) Investor Claim Against Raymond James & Associates

Published on: July 27, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Older Couple’s Broker Overconcentrated More Than $2.2M of Their Funds in Now Defunct Investment

An older retired couple from South America is pursuing a Financial Industry Regulatory Authority (FINRA) arbitration claim against Raymond James & Associates, Inc. after they suffered a seven-figure loss in Northstar Financial Services (Bermuda). Now, the senior investors are seeking up to $5M in damages, along with interest and costs.

Our Northstar (Bermuda) arbitration attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) are representing these South American nationals in their FINRA arbitration claim that they filed against this US-based broker-dealer. A panel of arbitrators will hear this investor case in Boca Raton, Florida.

As July 26th Hearing Date Approaches, SSEK Law Firm Continues To Investigate Northstar Financial Services (Bermuda)

Published on: July 20, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Investors’ Best Recourse For Financial Recovery is to Work With Experienced FINRA Attorneys

Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) continues to zealously go after the brokerage firms whose registered representatives unsuitably recommended and sold Northstar Financial Services (Bermuda) products to their customers.

Already, we’ve filed several Financial Industry Regulatory Authority (FINRA) arbitration claims against broker-dealers on behalf of investors.

Japanese Investor Says Bancwest Investment Services Recommendation Northstar Financial Services (Bermuda) Caused Six-Figure Loss

Published on: July 12, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Northstar (Bermuda) Investor is Seeking Up to $500K in Damages

An investor in Nagoya, Japan has filed a Financial Industry Regulatory Authority (FINRA) arbitration case against Bancwest Investment Services after she suffered six-figure losses in Northstar Financial Services (Bermuda).

The claimant, who is an inexperienced investor, was referred to her Bancwest Investment Services broker by Bank of the West, which was her bank at the time. Now, she is requesting up to $500K in damages.

SSEK Law Firm Continues to Investigate Broker-Dealers That Sold Northstar Financial Services (Bermuda) Products

Published on: June 16, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Northstar (Bermuda) Investors Likely to Only Recover Losses By Filing FINRA Arbitration Claims

Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) is continuing to speak with investors of Northstar Financial Services (Bermuda) who suffered significant losses because their broker failed to conduct the proper due diligence when they recommended these products.

Already, we have filed a number of Financial Industry Regulatory Arbitration (FINRA) claims against many of the broker-dealers whose registered representatives sold these offshore investments.

Truist Investment Services Broker Stephen Berrocal Recommended Northstar Financial Services (Bermuda)

Published on: June 11, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Truist Investment Services Financial Advisor Named in $1.5M of Pending Customer Disputes

Stephen Berrocal, a Truist Investment Services broker and investment advisor based out of Coral Gables, Florida, is named in three active customer disputes. At least one of them appears to involve the allegedly unsuitable recommendation of Northstar Financial Services (Bermuda). The claimant in that case is seeking $500K in damages.

Truist Investment Services registered representatives sold Northstar Financial Services (Bermuda) products to customers, many of whom have now lost money in the wake of the company going bankrupt and into liquidation. Its owner, Greg Lindberg, is in prison. He is suspected of having funneled funds from Northstar Financial Services (Bermuda) to his other companies.

Japanese Customers of Bankoh Investment Services Broker Yoko Farias Suffer Six-Figure Northstar Financial Services (Bermuda) Losses

Published on: June 7, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Japanese Couple Seeks Up To $500K in Northstar (Bermuda) Damages

A Japanese couple has filed an investor claim against Bank of Hawaii subsidiary, Bankoh Investment Services, Inc. for losses they suffered in Northstar Financial Services (Bermuda). The off-shore investment was recommended to them by broker Yoko Farias, who has been under scrutiny for some time for selling Northstar Financial Services (Bermuda) investment products to clients.

The claimants are an older couple who live in Japan where they set up a basic checking account at Bank of Hawaii’s branch in Tokyo. These inexperienced investors were introduced to Farias, who recommended that they invest their money differently.

Northstar Financial Services (Bermuda) Investors Seek Up to $500K in Damages from SunTrust Bank Division, Truist Investment Services

Published on: May 28, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Colombian Claimants Allege Negligence, Misrepresentations, and Failure to Supervise

Two investors from Bogota, Colombia are pursuing a Financial Industry Regulatory Authority (FINRA) arbitration claim against Truist Investment Services for the losses they suffered in Northstar Financial Services (Bermuda). The claimants, who are from the same family, had looked to the brokerage firm, which is affiliated with SunTrust Bank, to keep their assets safe.

As longtime SunTrust Bank clients with an account in Florida, the investors were not interested in taking on any undue risk and were mostly invested in bank products, including money markets. Yet, Truist Investment Services recommended that the claimants invest more than $125K in Northstar Financial Services (Bermuda).

Latin American Investor Files Six-Figure Northstar (Bermuda) Fraud Claim Against Truist Investment Services

Published on: May 19, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Former SunTrust Advisory Services Investment Adviser Luisa Gonzales Unsuitably Recommended Northstar Bermuda Products

A senior investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim seeking up to $500K in damages against Truist Investment Services for losses he suffered in Northstar Financial Services (Bermuda). The claimant is a retired Catholic Priest who lives in Bogota, Colombia, and was a longtime client of SunTrust Bank.

Truist Investment Services is SunTrust’s brokerage arm and is based in the United States. Ex-SunTrust Advisory Services investment adviser, Luisa Gonzales, was this investor’s financial representative.

Ex-Customer Of Unionbanc Investment Services Broker Asako Thompson Files $500K Northstar Financial Services (Bermuda) Fraud Claim

Published on: May 18, 2021 | by Shepherd Smith Edwards & Kantas, LLP

Japanese Investor’s Savings Were Overconcentrated in Offshore CD

An investor who lives in Japan has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Unionbanc Investment Services and its California-based broker, Asako Kanekiyo Thompson.

The claimant suffered losses in an offshore certificate of deposit (CD) from Northstar Financial Services (Bermuda) that was recommended to him by Thompson. BrokerCheck reports that Thompson has been a Unionbanc Investment Services investment advisor and broker for 16 years.