{"id":26218,"date":"2022-04-04T10:30:08","date_gmt":"2022-04-04T15:30:08","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=26218"},"modified":"2024-04-18T13:50:53","modified_gmt":"2024-04-18T18:50:53","slug":"ocean-financial-services-northstar-bermuda-claim","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ocean-financial-services-northstar-bermuda-claim\/","title":{"rendered":"Ocean Financial Services\u2019 Recommendation of Northstar Financial Services (Bermuda) Leads to Six-Figure Loss for Houston Investor"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Latin American Investor Pursuing Up to $500K in Northstar Financial Services (Bermuda) Damages\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">An older Latin American investor who was unsuitably recommended and sold a <\/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;\"> product is requesting up to $500K in damages from Ocean Financial Services. The claimant, who initially just had accounts at Ocean Bank, was advised to invest her money beyond checking and bank accounts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This would result in Ocean Financial Services overconcentrating a huge chunk of assets belonging to her and her mother in Northstar Financial Services (Bermuda), which is now defunct. Not only that, but the firm should have never recommended these products to this investor after 2015, which is when she moved to the United States.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/ocean-financial-services-northstar-bermuda-claim\/\"  title=\"Continue Reading Ocean Financial Services\u2019 Recommendation of Northstar Financial Services (Bermuda) Leads to Six-Figure Loss for Houston Investor\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Latin American Investor Pursuing Up to $500K in Northstar Financial Services (Bermuda) Damages\u00a0 An older Latin American investor who was unsuitably recommended and sold a Northstar Financial Services (Bermuda) product is requesting up to $500K in damages from Ocean Financial Services. The claimant, who initially just had accounts at Ocean Bank, was advised to invest [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":26219,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4530],"tags":[4531,4725],"class_list":["post-26218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-northstar-financial-services","tag-northstar-financial-services-bermuda","tag-ocean-financial-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ocean Financial Services Named in Latest Northstar (Bermuda) Claim<\/title>\n<meta name=\"description\" content=\"An Ocean Financial Services investor is pursuing damages after being sold the obscure Northstar Financial Services (Bermuda) product\" \/>\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\/ocean-financial-services-northstar-bermuda-claim\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ocean Financial Services Named in Latest Northstar (Bermuda) Claim\" \/>\n<meta name=\"twitter:description\" content=\"An Ocean Financial Services investor is pursuing damages after being sold the obscure Northstar Financial Services (Bermuda) product\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/04\/robin-inizan-GWGAdtMwGDQ-unsplash-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kirk G. Smith\" \/>\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":"Ocean Financial Services Named in Latest Northstar (Bermuda) Claim","description":"An Ocean Financial Services investor is pursuing damages after being sold the obscure Northstar Financial Services (Bermuda) product","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\/ocean-financial-services-northstar-bermuda-claim\/","twitter_card":"summary_large_image","twitter_title":"Ocean Financial Services Named in Latest Northstar (Bermuda) Claim","twitter_description":"An Ocean Financial Services investor is pursuing damages after being sold the obscure Northstar Financial Services (Bermuda) product","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/04\/robin-inizan-GWGAdtMwGDQ-unsplash-1.jpg","twitter_misc":{"Written by":"Kirk G. Smith","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/ocean-financial-services-northstar-bermuda-claim\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ocean-financial-services-northstar-bermuda-claim\/"},"author":{"name":"Kirk G. 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