{"id":19774,"date":"2021-05-28T10:24:57","date_gmt":"2021-05-28T15:24:57","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19774"},"modified":"2024-04-18T13:47:11","modified_gmt":"2024-04-18T18:47:11","slug":"northstar-bermuda-investors-seek-damages","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/","title":{"rendered":"Northstar Financial Services (Bermuda) Investors Seek Up to $500K in Damages from SunTrust Bank Division, Truist Investment Services"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Colombian Claimants Allege Negligence, Misrepresentations, and Failure to Supervise<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">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.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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).\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/\"  title=\"Continue Reading Northstar Financial Services (Bermuda) Investors Seek Up to $500K in Damages from SunTrust Bank Division, Truist Investment Services\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19775,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4530],"tags":[4531,4556],"class_list":["post-19774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-northstar-financial-services","tag-northstar-financial-services-bermuda","tag-truist-investment-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Truist Investment Services Facing More Northstar Bermuda Claims | SSEK<\/title>\n<meta name=\"description\" content=\"Northstar Bermuda investors from South America are seeking damages from Truist Investment Services for over $500k. Find out more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Truist Investment Services Facing More Northstar Bermuda Claims | SSEK\" \/>\n<meta name=\"twitter:description\" content=\"Northstar Bermuda investors from South America are seeking damages from Truist Investment Services for over $500k. 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Find out more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/","twitter_card":"summary_large_image","twitter_title":"Truist Investment Services Facing More Northstar Bermuda Claims | SSEK","twitter_description":"Northstar Bermuda investors from South America are seeking damages from Truist Investment Services for over $500k. Find out more.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/05\/failure-to-supervise.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Northstar Financial Services (Bermuda) Investors Seek Up to $500K in Damages from SunTrust Bank Division, Truist Investment Services","datePublished":"2021-05-28T15:24:57+00:00","dateModified":"2024-04-18T18:47:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/"},"wordCount":595,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/05\/failure-to-supervise.jpg","keywords":["Northstar Financial Services (Bermuda)","Truist Investment Services"],"articleSection":["Current Investigations","Northstar Financial Services"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/","url":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/","name":"Truist Investment Services Facing More Northstar Bermuda Claims | SSEK","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-bermuda-investors-seek-damages\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/05\/failure-to-supervise.jpg","datePublished":"2021-05-28T15:24:57+00:00","dateModified":"2024-04-18T18:47:11+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Northstar Bermuda investors from South America are seeking damages from Truist Investment Services for over $500k. 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