SSEK Law Firm Continues to Investigate Losses of Hancock Whitney Broker Robin Platt Over Investors’ Losses in Northstar Financial Services (Bermuda)

BOCA RATON, Florida, November 16, 2021 / PRNewswire / – If you are an investor who has lost money after being sold to Northstar Financial Services (Bermuda), seek legal advice today, as you may have grounds for a FINRA arbitration case.

Our seasoned financial services Northstar (Bermuda) lawyers continue to investigate broker Hancock Whitney Investment Services Robin platt for the sale and marketing of the investments of this offshore entity to several Latin American clients. Platt is currently facing allegations of misrepresentation and inadequacy.

Platt’s BrokerCheck file lists other disclosures dating back to 2017:

  • May 2021: This Northstar Financial Services (Bermuda) the investor asks $ 1.25M in damages. He argues that Platt misrecommended and misrepresented Northstar (Bermuda) paid him pensions in 2016.
  • june 2017: This request for a variable annuity, asking $ 50,000 in damages, was refused.

Platt worked for 22 years in the industry. Other companies where Platt worked were Allstate Financial Advisors, Allstate Financial Services, PNC Investments, RBC Capital Markets, Wells Fargo Advisors, SunTrust Securities, AG Edwards & Sons.

North Star (Bermuda), which sold annuities and other investment products to investors, is currently in liquidation after filing for bankruptcy. In September 2020, the offshore entity could not declare that $ 8 million assets and a much larger deficit. Owner Greg Lindberg is serving jail time and is suspected of funneling money from Northstar Financial Services (Bermuda).

Meanwhile, brokers and their brokerage firms have earned high commissions by selling these offshore products to clients, including many investors who should never have been sold Northstar Financial Services (Bermuda) annuities such as:

  • Global VIP Elite
  • Global index product
  • Global Advantage Plus Series
  • Global interest accumulator

Shepherd Smith Edwards and Kantas (SSEK Law Firm at has filed FINRA arbitration claims against numerous brokers, including Hancock Whitney Investment Services, whose financial advisers sold these Northstar (Bermuda) products to customers.

Many of these investors wanted a safe haven for their money. Instead, they were sold products that were much riskier and had less protections than US-based investments, resulting in high investment losses.

Contact us today so that one of our qualified investment fraud attorneys can help you explore your legal options. Free consultations.

Kirk smith: [email protected]
Free number in the United States: (800) 259-9010
Línea Gratuita Mexico: 800-283-3403
Internationally via WhatsApp (text only): (713) 227-2400

Northstar Bermuda FAQ

Northstar Bermuda Preguntas Frecuentes

SOURCE Shepherd Smith Edwards & Kantas LLP

Related links

Source link

About Scott Conley

Check Also

Faith leaders and UNEP call for responsible climate finance as a moral imperative for children – World

Geneva/Nairobi/New York, May 09, 2022 – The World Council of Churches (WCC), the United Nations …