Tuesday, December 7, 2021

Retiree Files 7-Figure Northstar Financial Services (Bermuda) Claim Against Cetera

A Claimant is Requesting Up to $5M in Damages For Northstar (Bermuda) Losses 

An older investor has filed a FINRA arbitration claim over losses she sustained in Northstar Financial Services (Bermuda) while working with Cetera Investment Services, LLC. The claimant is a retiree and a foreign national who had an account at a US bank. It was the bank that introduced her to the Cetera financial advisor.

Seeking to keep her assets safe, she entrusted the recommendations of her Cetera Investment Services broker, who then proceeded to unsuitably recommend Northstar Financial Services (Bermuda), essentially overconcentrating 100% of her account with this offshore entity. 

The post Retiree Files 7-Figure Northstar Financial Services (Bermuda) Claim Against Cetera appeared first on Investor Lawyers Blog.



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