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SSEK Law Firm Represents Northstar Financial Services (Bermuda) Investor Who Pursues $500K Claim Against Raymond James Financial Services

Printed: Oct. 15, 2021 at 7:51 AM MDT|Current: 18 several hours in the past

NEW YORK, Oct. 15, 2021 /PRNewswire/ — A Northeast investor has filed a FINRA arbitration claim from brokerage agency Raymond James Monetary Products and services, Inc. above his Northstar Economic Providers (Bermuda) investment losses. Our expenditure fraud legislation firm is representing him in his FINRA arbitration claim.

Shepherd Smith Edwards & Kantas LLP. (PRNewsFoto/Shepherd Smith Edwards & Kantas LLP)
Shepherd Smith Edwards & Kantas LLP. (PRNewsFoto/Shepherd Smith Edwards & Kantas LLP)

The claimant contends that the off-shore financial investment was unsuitably suggested to him by Sarah Komischke, also recognized as Xiao Qin Komischke, when she was with Raymond James. Komischke is currently a Cetera Investment Services broker.

Following investing $250K in the off-shore financial commitment, the claimant is now trying to get up to $500K in damages for his losses.

If you are an trader who experienced sizeable losses in Northstar Financial Providers (Bermuda), simply call Shepherd Smith Edwards and Kantas (SSEK Regulation Agency at now at (800) 259-9010.

The claimant is an inexperienced trader and now lives in the Northeast but is a international countrywide who sought harmless haven for his assets in the United States. A then-consumer of the United Nations Federal Credit Union (UNFCU), he typically invested in financial savings/checking accounts and lender products. Komischke by no means explained to the trader about the threats included with Northstar solutions, misrepresenting it as a safe financial investment.

Northstar Monetary Expert services (Bermuda) has considering the fact that gone bankrupt and is going through liquidation proceedings. Its operator, billionaire Greg Lindberg is serving time in jail for wire fraud and bribery.

In his FINRA arbitration situation, this investor is now alleging the adhering to:

  • Misrepresentations and omissions
  • Overconcentration
  • Unsuitable financial commitment recommendations
  • Breach of contract
  • Gross carelessness
  • Breach of fiduciary

He is also claiming failure to supervise by the brokerage corporations, which, alongside with their fiscal advisors, gained high commissions and other expenses from providing Northstar Financial Solutions (Bermuda) to its shoppers.

At SSEK Regulation Firm, we have a crew of skilled attorneys that are at present likely right after the brokerage firms that offered Northstar Fiscal Solutions (Bermuda) solutions to their clients, like SunTrust’s Truist Expense Expert services, Unionbanc Investment Companies, Hancock Whitney Financial commitment Solutions, J.P. Morgan Securities, Bankoh Financial commitment Providers, Ocean Monetary Companies LLC and some others.

You can browse our FAQ website page for thoughts that traders have about Northstar Economical Expert services (Bermuda). Contact us at (800) 259-9010 today for your absolutely free, no-obligation situation session.

Kirk Smith
[email protected] 
US Toll-Cost-free (800) 259-9010

Internationally, through WhatsApp (textual content only) at 713-227-2400
Northstar Bermuda FAQs 
Northstar Bermuda Preguntas Frecuentes

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Source Shepherd Smith Edwards & Kantas LLP

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