{"id":29514,"date":"2023-08-22T20:30:35","date_gmt":"2023-08-23T01:30:35","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=29514"},"modified":"2023-08-22T20:30:35","modified_gmt":"2023-08-23T01:30:35","slug":"annuity-loss-law-firm-2","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/annuity-loss-law-firm-2\/","title":{"rendered":"Annuity Loss Law Firm"},"content":{"rendered":"<p><strong>Shepherd Smith Edwards and Kantas Represent CB Life Annuity Investors Against Broker-Dealers.\u00a0<\/strong><strong>Thousands of Retirees\u2019 Assets Remain Frozen in Colorado Banker&#8217;s Life Insurance Annuity Policies<\/strong><\/p>\n<p>If you are an investor who has been waiting a number of years to get your money back from a CB Life annuity issued by Colorado Bankers Life Insurance, know that this could be a futile attempt. Not only have your assets been frozen for some time, but also the insurer remains in rehabilitation with liquidation proceedings continuing to be delayed. Meanwhile, owner Greg Lindberg has been charged with allegedly defrauding policyholders of $2B. He also, according to a new court filing he submitted in litigation against him and his companies, owes at least $1.9B to creditors.\u00a0As Shepherd Smith Edwards and Kantas Annuity Loss Law Firm (<a href=\"https:\/\/www.investorlawyers.com\/\">investorlawyers.com<\/a>) Senior Partner and\u00a0<a href=\"https:\/\/www.investorlawyers.com\/kirk-g-smith.html\">annuity fraud loss attorney Kirk Smith<\/a>\u00a0said in a recent<em>\u00a0<\/em><a href=\"https:\/\/www.wsj.com\/articles\/thousands-of-retirees-cant-withdraw-savings-invested-in-firms-controlled-by-indicted-financier-greg-lindberg-6a268369?st=dobmqxjt359x3fr&amp;reflink=article_email_share\"><em>Wall Street Journal<\/em><\/a>\u00a0article, rather than wait for years to get back who knows how much, if anything at all, from Colorado Bankers Life Insurance, CB Life annuity investors may want to explore other legal options.<\/p>\n<p>Already, we are representing a number of\u00a0<a href=\"https:\/\/www.investorlawyers.com\/annuity-losses-due-to-financial-advisor-negligence-securities-an.html\">CB Life annuity investors,<\/a>\u00a0many of them retirees, in pursuing damages from the broker-dealers that allegedly unsuitably marketed and sold them these investments. This includes broker fraud claims brought against Citizens Securities, which is currently under investigation by Massachusetts regulators for its sale of these particular annuity policies.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/annuity-loss-law-firm-2\/\"  title=\"Continue Reading Annuity Loss Law Firm\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shepherd Smith Edwards and Kantas Represent CB Life Annuity Investors Against Broker-Dealers.\u00a0Thousands of Retirees\u2019 Assets Remain Frozen in Colorado Banker&#8217;s Life Insurance Annuity Policies If you are an investor who has been waiting a number of years to get your money back from a CB Life annuity issued by Colorado Bankers Life Insurance, know that [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":29536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1],"tags":[4900],"class_list":["post-29514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-annuity-loss-law-firm"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Annuity Loss Law Firm<\/title>\n<meta name=\"description\" content=\"The SSEK Annuity Loss Law Firm is representing investors including broker fraud claims brought against Citizens Securities,\" \/>\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\/annuity-loss-law-firm-2\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Annuity Loss Law Firm\" \/>\n<meta name=\"twitter:description\" content=\"The SSEK Annuity Loss Law Firm is representing investors including broker fraud claims brought against Citizens Securities,\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2023\/08\/Annuity-Loss-Law-Firm.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":"Annuity Loss Law Firm","description":"The SSEK Annuity Loss Law Firm is representing investors including broker fraud claims brought against Citizens Securities,","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\/annuity-loss-law-firm-2\/","twitter_card":"summary_large_image","twitter_title":"Annuity Loss Law Firm","twitter_description":"The SSEK Annuity Loss Law Firm is representing investors including broker fraud claims brought against Citizens Securities,","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2023\/08\/Annuity-Loss-Law-Firm.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; 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