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Northstar Financial Services (Bermuda) To Liquidate After Extension Request Denied

Northstar Financial Services (Bermuda) To Liquidate After Extension Request Denied Investors Can Still Pursue Damages from Bankoh, Truist, and Ocean Financial Services News provided by Share this article Share this article HAMILTON, Bermuda, April 15, 2021 /PRNewswire/  The Bermuda Supreme Court has turned down a request by Northstar Financial Services (Bermuda) Ltd. s management asking for more time to pursue restructuring. Northstar had filed for Chapter 15 bankruptcy last year. However, even as liquidation proceedings may make getting money back directly from Northstar more challenging, this does not mean you cannot pursue damages from the financial firms that sold you Northstar Financial Services (Bermuda) investments. These firms include Bankoh Investment Services, Truist Investment Services, Ocean Financial Services, and other broker-dealers.

Shepherd Smith Edwards & Kantas LLP: Broker Tamber Proctor Accused of Unsuitably Recommending FS Energy & Power Fund and the Northstar REIT

Share this article Share this article GULFPORT, Miss., Dec. 22, 2020 /PRNewswire/  A retired investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against LPL Financial and its former broker, Tamber King Proctor, seeking up to $100K in damages.  The claimant contends that LPL Financial and Proctor should have never recommended that he invest in the business development company (BDC), FS Energy & Power Fund (FSEP), and the Northstar Healthcare Real Estate Investment Trust (REIT). This claimant, who is an inexperienced investor, didn t want to take on much risk. He entrusted his savings to LPL Financial in the hopes of earning modest returns. He was reassured that his investments would be safe. 

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