{"id":20677,"date":"2021-09-27T10:18:07","date_gmt":"2021-09-27T15:18:07","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=20677"},"modified":"2021-09-27T10:18:07","modified_gmt":"2021-09-27T15:18:07","slug":"truist-investment-services-northstar-investigations","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/","title":{"rendered":"Central American Retiree Suffers Six-Figure Loss After Truist Investment Services Unsuitably Recommends Northstar Financial Services (Bermuda)"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">FINRA Arbitration Hearing Will Take Place in Boca Raton, Florida<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">An elderly Venezuelan investor is seeking six figures in damages from <\/span><span style=\"font-weight: 400;\">Truist Investment Services<\/span><span style=\"font-weight: 400;\"> (aka SunTrust Investment Services) over losses he suffered in Northstar Financial Services (Bermuda). The claimant contends that the firm overconcentrated his account by heavily investing his life savings in this off-shore entity, which is now undergoing liquidations proceedings after filing for bankruptcy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is one of a number of FINRA arbitration claims that our <\/span><a href=\"https:\/\/www.investorlawyers.com\/northstar-financial-services-bermuda.html\"><span style=\"font-weight: 400;\">Northstar Financial Services (Bermuda)<\/span><\/a><span style=\"font-weight: 400;\"> attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) have filed against Truist Investment Services and other US-based brokerage firms for unsuitably marketing Northstar (Bermuda).\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/\"  title=\"Continue Reading Central American Retiree Suffers Six-Figure Loss After Truist Investment Services Unsuitably Recommends Northstar Financial Services (Bermuda)\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FINRA Arbitration Hearing Will Take Place in Boca Raton, Florida An elderly Venezuelan investor is seeking six figures in damages from Truist Investment Services (aka SunTrust Investment Services) over losses he suffered in Northstar Financial Services (Bermuda). The claimant contends that the firm overconcentrated his account by heavily investing his life savings in this off-shore [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":20678,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4530,4626],"tags":[4531,4556],"class_list":["post-20677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-northstar-financial-services","category-truist-investment-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 Investor Suffers Northstar (Bermuda) Losses<\/title>\n<meta name=\"description\" content=\"A retiree from Central America suffered losses in Northstar Financial Services (Bermuda) products with Truist Investment Services.\" \/>\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\/truist-investment-services-northstar-investigations\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Truist Investment Services Investor Suffers Northstar (Bermuda) Losses\" \/>\n<meta name=\"twitter:description\" content=\"A retiree from Central America suffered losses in Northstar Financial Services (Bermuda) products with Truist Investment Services.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/pexels-sora-shimazaki-5668481-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Truist Investment Services Investor Suffers Northstar (Bermuda) Losses","description":"A retiree from Central America suffered losses in Northstar Financial Services (Bermuda) products with Truist Investment Services.","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\/truist-investment-services-northstar-investigations\/","twitter_card":"summary_large_image","twitter_title":"Truist Investment Services Investor Suffers Northstar (Bermuda) Losses","twitter_description":"A retiree from Central America suffered losses in Northstar Financial Services (Bermuda) products with Truist Investment Services.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/pexels-sora-shimazaki-5668481-1.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\/truist-investment-services-northstar-investigations\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Central American Retiree Suffers Six-Figure Loss After Truist Investment Services Unsuitably Recommends Northstar Financial Services (Bermuda)","datePublished":"2021-09-27T15:18:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/"},"wordCount":655,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/pexels-sora-shimazaki-5668481-1.jpg","keywords":["Northstar Financial Services (Bermuda)","Truist Investment Services"],"articleSection":["Current Investigations","Northstar Financial Services","Truist Investment Services"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/","url":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/","name":"Truist Investment Services Investor Suffers Northstar (Bermuda) Losses","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/pexels-sora-shimazaki-5668481-1.jpg","datePublished":"2021-09-27T15:18:07+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"A retiree from Central America suffered losses in Northstar Financial Services (Bermuda) products with Truist Investment Services.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/pexels-sora-shimazaki-5668481-1.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/pexels-sora-shimazaki-5668481-1.jpg","width":640,"height":426,"caption":"In the latest Northstar Financial (Bermuda) news, a retiree from Venezuela has suffered a six-figure loss upon the recommendation of a Truist Investment Services broker"},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/truist-investment-services-northstar-investigations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Central American Retiree Suffers Six-Figure Loss After Truist Investment Services Unsuitably Recommends Northstar Financial Services (Bermuda)"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; 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