Northstar Financial Services (Bermuda) Ltd. investors are encouraged to contact national investment fraud lawyers KlaymanToskes to discuss their recovery options regarding investment losses in PB Investment Holdings, Omnia, Ltd., PB Life and Annuity, and/or any of the Northstar products listed below.
Northstar Financial Services (Bermuda), founded in the 1990’s, was a Segregated Accounts Company regulated by the Bermuda Monetary Authority, which touted its fixed and variable annuity products as offering segregated account protection, generous liquidity terms and a variety of commitment periods, as well as the benefits of a Bermuda trust structure.
Many Northstar investors were foreign nationals from Mexico, South America, Japan, and China. Northstar Financial Services was acquired in 2018 by Greg Lindberg, who is currently serving up to seven years in prison for wire fraud and bribery after being convicted in October 2020. Lindberg allegedly funneled funds from his other insurance and annuity companies to Northstar.
KlaymanToskes has assisted investors throughout the world, including Latin America and Japan, in recovering their investment losses. KlaymanToskes can help you determine if your investment loss is due to a securities violation such as unsuitability, misrepresentation, breach of fiduciary duty, failure to supervise, and negligence.
Omnia, Ltd. – Also doing business as Beechwood Bermuda, Beechwood Omnia, Old Mutual
Products:
Guaranteed Rate Plan
Guaranteed Index Plan
Universal Investment Plan
PB Investment Holdings – Variable and fixed rate annuity products
PB Life and Annuity – Insurance/annuity products
SEC Regulation Best Interest (Reg BI) requires brokerage firms and their financial advisors to make recommendations with their client’s best interest in mind, based upon the client’s needs, age, and investment objectives. While Northstar and its entities are now defunct, investors can recover their losses by pursuing FINRA arbitration against the brokers who sold these investments.
Our investment fraud attorneys are ready to discuss recovery options with you. If you suffered losses in Northstar (Bermuda), contact attorney Lawrence L. Klayman for a free consultation at (888) 997-9956 or lklayman@klaymantoskes.com.
See Our Related Blog: “Attention Beechwood Bermuda Investors: Cetera Investment Services Brokers Named in Over $5M in Customer Complaints”
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com