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Japanese Retiree Sues Bankoh Investment Services, a Division of Bank of Hawaii, For Up to $500K
HOUSTON, July 19, 2023 /PRNewswire/ -- If you are an international investor who suffered Northstar Financial Services (Bermuda) investment losses in an investment sold to you by a US-based broker-dealer, Shepherd Smith Edwards and Kantas (investorlawyer.com) can help you explore your legal options.
Annuities from this offshore insurance company were marketed and sold by brokerage firms that appear to have prioritized the chance to earn high commissions over investors' best interests given that owner Greg Lindberg has long been suspected of fraud. Northstar (Bermuda) has since filed for bankruptcy and gone into liquidation.
Why You Want To Work With Seasoned Northstar Financial Services (Bermuda) Attorneys
Among those who suffered significant losses in Northstar (Bermuda) are investors from Asia and Latin America, many of whom are working with us. This includes, most recently, a Japanese retiree who is suing Bankoh Investment Services and its registered representative Yoko Farias for up to $500K. The claimant is alleging negligence, due diligence failures, unsuitability, overconcentration, and gross lack of supervision of Farias by the brokerage firm. He is also claiming misrepresentations and omissions considering that he was never informed of the risks or the negative developments that went on to impact Northstar Financial Services (Bermuda).
Why You Should Consider Filing Your Own Annuity Fraud Lawsuit Rather Than Just Waiting On The Outcome Of The Liquidation Proceedings
Bankruptcy proceedings can drag on for years and who knows if there will be much, if anything, for investors to recover at the end. Also, with these types of cases, whatever you recover will be shared among thousands of claimants.
Filing your own investor loss lawsuit against your broker-dealer can maximize your chances for a full recovery of your losses, especially when you are working with skilled securities fraud lawyers that are here to fight for you while protecting your legal rights. More than 90% of investors that we have worked with have received full or partial financial recovery with our help.
How To Request Your Free, No Obligation Case Consultation:
In The US: (800) 259-9010
International (WhatsApp – text only): 936-251-0033
You can also contact us online.
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Northstar Bermuda (FAQs)
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