Retiree Suffers Significant Losses in PB Investment Holdings on Recommendation of Cetera Financial Advisor
A Chinese national has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim over losses she suffered after a Cetera Investment Services advisor unsuitably recommended and sold a PB Investment Holdings annuity to her.
The Bermuda-based off-shore investment (affiliated with Northstar Bermuda) was touted as safe and low risk. That entity is in liquidation and has caused this claimant, who is a retiree, significant losses. She is now seeking six figures in damages from Cetera Financial.
The post Chinese Retiree Pursues Up To $500K From Cetera Over PB Investment Holdings Losses appeared first on Investor Lawyers Blog.
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