Levin Law, P.A. has Filed Multiple Cases Totaling Approximately $1.5 Million Investor Claim Against Truist (Formerly SunTrust Investment Services) on behalf of Northstar Investors
Levin Law, P.A. (“Levin Law”) is continuing its investigation regarding the due diligence and sales practices of securities brokerage firms and other financial institutions that offered, recommended, or sold Northstar Financial Services (Bermuda) Ltd investments. Levin Law has been retained by multiple Northstar investors who have suffered losses.
Investors who were recommended and sold Northstar Financial Services (Bermuda) investments and suffered losses are encouraged to contact Levin Law for a free case evaluation. Aggrieved investors can call Levin Law founder and managing attorney Brian Levin directly at (855) 862-2306 or email contact@levinlawpa.com.
Investor Claim Filed Against Truist
Levin Law filed an investor claim on behalf of clients from Central America for losses they suffered after being recommended and sold Northstar Financial Services (Bermuda) Ltd investments. Truist (SunTrust) brokers involved in the recommendation and sale of this investment are Jorge Alvarez, Angelita Fuentes, Dianne Santamaria, and Alfredo Fernandez.
Allegations of Unsuitability
More recently, the firm filed a case on behalf of a central American investor and alleged that the recommendation and sale of Northstar Financial Services (Bermuda) Ltd investments was unsuitable. Damages are alleged to be approximately $1,000,000. Truist and its registered representatives have a duty to make suitable recommendations and to perform due diligence before making recommendations.
Northstar Financial Services (Bermuda) Ltd is an offshore investment located in Bermuda. Many investors who were offered, recommended, or sold Northstar products were allegedly told they were “safe, conservative” investments comparable to a bank certificate of deposit (CD).
It is further believed that brokers who recommended and sold these investments received extraordinarily high commissions and failed to adequately disclose the risks. Levin Law will continue to investigate and file claims against Truist (SunTrust) and other financial institutions and brokerage firms that offered, recommended, or sold Northstar Financial Services (Bermuda) Ltd investments.
Contact Levin Law for a Free Case Evaluation
If you invested in Northstar Financial Services (Bermuda) Ltd, please contact managing attorney Brian Levin by visiting www.levinlawpa.com, calling (855) 862-2306, or emailing contact@levinlawpa.com.
Levin Law accepts most cases on a contingency-fee basis, meaning that you would not be obligated to pay Levin Law’s attorney fees unless money is recovered on your behalf.
About Levin Law
Levin Law is a premier national cryptocurrency, securities, commodities, futures, and class action law firm. Brian Levin, Levin Law’s founding attorney, has helped recover in excess of $150,000,000 through arbitration and litigation for individual and institutional investors throughout the country and the rest of the world. Levin Law represents retirees, individual investors, high-net-worth investors, ultra-high-net-worth investors, institutions, family offices, trusts, publicly held companies, and others.
