{"id":117447,"date":"2021-06-21T13:00:00","date_gmt":"2021-06-21T13:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2882706"},"modified":"2021-06-21T13:00:00","modified_gmt":"2021-06-21T13:00:00","slug":"northstar-financial-services-bermuda-ltd-investor-alert-notice-to-investors-who-purchased-northstar-financial-services-bermuda-ltd-notes-annuities-and-other-investment-products","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/06\/21\/northstar-financial-services-bermuda-ltd-investor-alert-notice-to-investors-who-purchased-northstar-financial-services-bermuda-ltd-notes-annuities-and-other-investment-products\/","title":{"rendered":"Northstar Financial Services (Bermuda) Ltd. Investor Alert \u2013 Notice to Investors Who Purchased Northstar Financial Services (Bermuda) Ltd. Notes, Annuities, and other Investment Products"},"content":{"rendered":"<p><img decoding=\"async\" width=\"278\" height=\"74\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/06\/5841-LevinLawLogo.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<h2><strong>Levin Law, P.A. Investigates Brokerage Firms That Recommended and Sold Northstar Financial Services (Bermuda) Ltd. Products<\/strong><\/h2>\n<h3><strong>Domestic and International Northstar Investors Are Encouraged to Contact Levin Law, P.A. to Discuss Filing FINRA Arbitration Claims to Obtain Compensation for Northstar Losses<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">MIAMI, FLORIDA, June 21, 2021.\u00a0 The national securities and investment fraud law firm Levin Law, P.A. is investigating brokerage firms, banks, and other financial institutions that recommended or sold Northstar Financial Services (Bermuda) Ltd. investments to their customers. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Levin Law, P.A. has been\u00a0<\/span>hired by multiple international Northstar investors and is pursuing Financial Industry Regulatory Authority (\u201cFINRA\u201d) arbitration claims against the brokerage firms that sold Northstar investments to their clients.\u00a0<span style=\"font-weight: 400;\">Investors might be entitled to recover some or all of their Northstar losses through a FINRA arbitration claim.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Levin Law strongly encourages individuals who invested in Northstar Financial Services (Bermuda) Ltd and suffered losses to <a href=\"https:\/\/www.levinlawpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">contact Levin Law, P.A.<\/a> for a free case evaluation regarding possible claims against brokerage firms that recommended and sold the investments. Northstar filed for bankruptcy protection in 2020 and is alleged to be insolvent.<\/span><\/p>\n<h3><strong>Catastrophic Financial Losses Related to Northstar\u2019s Collapse<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">It is likely that Northstar investors will lose some or all of their money invested in Northstar Financial Services (Bermuda) Ltd. It is also believed that the Supreme Court of Bermuda issued a winding-up order against the company on\u00a0March 26, 2021, which is in liquidation. Northstar\u2019s debt is estimated to exceed $260 with tens of millions of dollars still being owed to aggrieved investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Greg Lindberg-owned Global Bankers acquired Northstar in 2018.\u00a0<\/span><span style=\"font-weight: 400;\">Shortly thereafter, Lindberg was indicted and subsequently convicted on federal bribery and wire fraud charges. When investors learned of the charges against Lindberg, they attempted to redeem their funds. Redemption requests were not honored, and the Bermuda-based company filed for bankruptcy.\u00a0<\/span><\/p>\n<h3><strong>Northstar Investments Were Risky and Unsuitable for Most Investors<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Northstar offered variable and fixed-rate annuities and insurance products that were sold to investors as safe, conservative options. It is believed that brokerage firms and banks secured high commissions for the recommendation and sale of Northstar products and may have made misrepresentations or failed to adequately disclose risks to clients.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Products offered by Northstar Financial Services (Bermuda) include Global Interest Accumulator, Global Advantage Plus Series, Global VIP Elite, Global Advantage Select, and Global Index Product. Broker-dealers and other financial institutions that failed to conduct due diligence on the Northstar products and also made unsuitable recommendations to purchase Northstar may be liable for investor losses. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most Northstar investors are eligible to pursue claims against the brokerage firms that recommended and sold Northstar products to them through a FINRA arbitration in the United States.\u00a0\u00a0<\/span><\/p>\n<h3><strong>Holding Financial Institutions Accountable<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Financial institutions that recommended and sold Northstar Financial Services (Bermuda) investments are believed to include:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Suntrust Investment Services (Truist Financial Corporation);<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Raymond James Financial Services;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Cetera Investment Services;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">J.P. Morgan Securities;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Ocean Financial Services;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Bankoh Investment Services;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Hancock Whitney Investment Services; and<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Unionbanc Investment Services.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Brokerage firms and financial institutions that recommended or sold Northstar investments may be held liable for losses through a FINRA arbitration claim for unsuitability, failure to disclose risks, material misrepresentations and omissions, negligence, or breach of fiduciary duty.\u00a0<\/span><\/p>\n<h3><strong>Recovering Northstar Investment Losses<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Investors might be entitled to recover some or all of their Northstar losses through a FINRA arbitration claim against brokerage firms and financial institutions that negligently approved and sold Northstar investments.<\/span><\/p>\n<h3><strong>Contact Levin Law, P.A. for a Free Case Evaluation<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">If you purchased securities offered by Northstar Financial Services (Bermuda) and suffered substantial losses, contact Levin Law for a free case evaluation. Managing partner Brian Levin has recovered over $100,000,000 in assets on behalf of individual and institutional investors throughout the world.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Northstar investors should contact Levin Law managing partner Brian Levin immediately at <strong>+1<\/strong>\u00a0<\/span><strong>(305) 402-9050<\/strong><span style=\"font-weight: 400;\"> or email <strong>brian@levinlawpa.com<\/strong> for a free case evaluation.\u00a0We accept most cases on a contingency-fee basis, meaning you are not responsible for Levin Law\u2019s attorney fees unless money is recovered on your behalf. Please also visit <\/span><a href=\"https:\/\/www.levinlawpa.com\/levin-law-northstar-investments\/\"><span style=\"font-weight: 400;\">https:\/\/www.levinlawpa.com\/levin-law-northstar-investments\/<\/span><\/a><span style=\"font-weight: 400;\"> for more information.<\/span><\/p>\n<h3><strong>About Levin Law<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Levin Law is a premier national securities and class action law firm with significant experience. Brian Levin, Levin Law\u2019s founding attorney, has helped recover over $100,000,000 in assets through securities arbitration and litigation for individual and institutional investors throughout the country and the rest of the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Levin Law represents retirees, individual investors, high-net-worth investors, ultra-high-net-worth investors, institutions, family offices, trusts, publicly held companies, and others.<\/span><\/p>\n<h3><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/beta-kiosk.icrowdnewswire.com\/assets\/source\/users\/abbywingman\/Untitled-design.png?1624035177224\" alt=\"Untitled-design\" width=\"425\" height=\"638\" \/><\/h3>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/broker-negligence\/\" rel=\"tag\">Broker Negligence<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/broker-fraud\/\" rel=\"tag\">Broker Fraud<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/investment-loss\/\" rel=\"tag\">Investment Loss<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/northstar-investments\/\" rel=\"tag\">Northstar Investments<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/northstar-financial-services\/\" rel=\"tag\">Northstar Financial Services<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/northstar-financial-services-bermuda\/\" rel=\"tag\">Northstar Financial Services (Bermuda)<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/finra-arbitration\/\" rel=\"tag\">finra arbitration<\/a> <\/p>\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.levinlawpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.levinlawpa.com\/<\/a><br \/><b>Contact Information:<\/b><br \/>brian@levinlawpa.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/financial-content\/\" rel=\"category tag\">Financial Content<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/google-news\/\" rel=\"category tag\">Google News<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/reportedtimes\/\" rel=\"category tag\">Reportedtimes<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/menafn\/\" rel=\"category tag\">Menafn<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn-internal-distribution\/\" rel=\"category tag\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/latin-america\/\" rel=\"category tag\">Latin America<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>brian@levinlawpa.com<\/p>\n<\/p>\n<\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/northstar-financial-services-bermuda-ltd-investor-alert-notice-to-investors-who-purchased-northstar-financial-services-bermuda-ltd-notes-annuities-and-other-investment-products\/\">Northstar Financial Services (Bermuda) Ltd. Investor Alert \u2013 Notice to Investors Who Purchased Northstar Financial Services (Bermuda) Ltd. Notes, Annuities, and other Investment Products<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\">Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Levin Law, P.A. Investigates Brokerage Firms That Recommended and Sold Northstar Financial Services (Bermuda) Ltd. Products Domestic and International Northstar Investors Are Encouraged to Contact Levin Law, P.A. to Discuss Filing FINRA Arbitration Claims to Obtain Compensation for Northstar Losses MIAMI, FLORIDA, June 21, 2021.&nbsp; The national securities and investment fraud law firm Levin Law, [&hellip;]<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/northstar-financial-services-bermuda-ltd-investor-alert-notice-to-investors-who-purchased-northstar-financial-services-bermuda-ltd-notes-annuities-and-other-investment-products\/\">Northstar Financial Services (Bermuda) Ltd. Investor Alert &ndash; Notice to Investors Who Purchased Northstar Financial Services (Bermuda) Ltd. Notes, Annuities, and other Investment Products<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/\">Financial Market Brief<\/a>.<\/p>\n<p> <a href=\"https:\/\/ipsnews.net\/business\/2021\/06\/21\/northstar-financial-services-bermuda-ltd-investor-alert-notice-to-investors-who-purchased-northstar-financial-services-bermuda-ltd-notes-annuities-and-other-investment-products\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-117447","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Northstar Financial Services (Bermuda) Ltd. 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Investigates Brokerage Firms That Recommended and Sold Northstar Financial Services (Bermuda) Ltd. Products Domestic and International Northstar Investors Are Encouraged to Contact Levin Law, P.A. to Discuss Filing FINRA Arbitration Claims to Obtain Compensation for Northstar Losses MIAMI, FLORIDA, June 21, 2021.&nbsp; The national securities and investment fraud law firm Levin Law, [&hellip;] The post Northstar Financial Services (Bermuda) Ltd. Investor Alert &ndash; Notice to Investors Who Purchased Northstar Financial Services (Bermuda) Ltd. Notes, Annuities, and other Investment Products appeared first on Financial Market Brief. 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Investor Alert \u2013 Notice to Investors Who Purchased Northstar Financial Services (Bermuda) Ltd. Notes, Annuities, and other Investment Products - Business","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":"http:\/\/ipsnews.net\/business\/2021\/06\/21\/northstar-financial-services-bermuda-ltd-investor-alert-notice-to-investors-who-purchased-northstar-financial-services-bermuda-ltd-notes-annuities-and-other-investment-products\/","og_locale":"en_US","og_type":"article","og_title":"Northstar Financial Services (Bermuda) Ltd. Investor Alert \u2013 Notice to Investors Who Purchased Northstar Financial Services (Bermuda) Ltd. Notes, Annuities, and other Investment Products - Business","og_description":"Levin Law, P.A. Investigates Brokerage Firms That Recommended and Sold Northstar Financial Services (Bermuda) Ltd. Products Domestic and International Northstar Investors Are Encouraged to Contact Levin Law, P.A. to Discuss Filing FINRA Arbitration Claims to Obtain Compensation for Northstar Losses MIAMI, FLORIDA, June 21, 2021.&nbsp; The national securities and investment fraud law firm Levin Law, [&hellip;] The post Northstar Financial Services (Bermuda) Ltd. Investor Alert &ndash; Notice to Investors Who Purchased Northstar Financial Services (Bermuda) Ltd. Notes, Annuities, and other Investment Products appeared first on Financial Market Brief. 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