Country for PR: United States
Contributor: PR Newswire New York
Tuesday, January 04 2022 - 21:00
AsiaNet
The Royal Gazette Interviews SSEK Law Firm and Japanese Investor Who Suffered Northstar Financial Services (Bermuda) Losses
HOUSTON, Texas, Jan. 4, 2022 /PRNewswire-AsiaNet/ --

A Japanese investor and her securities attorney were interviewed by The Royal 
Gazette about the losses she and her husband suffered from investing in 
Northstar Financial Services (Bermuda). This is a now-defunct offshore entity 
that is currently in liquidation proceedings. 

Logo - 
https://mma.prnewswire.com/media/334439/shepherd_smith_edwards___kantas_llp_logo.jpg


The investors, Rikan Nishiyama and her husband are both elderly retirees. They 
invested $200K in Northstar (Bermuda) ( 
https://www.investorlawyers.com/northstar-financial-services-bermuda.html ) at 
the recommendation of Bankoh Investment Services financial advisor Yoko Farias. 
Bankoh Investment Services is a Bank of Hawaii subsidiary. 

Our Northstar Financial Services (Bermuda) investment lawyers are representing 
the Nishiyamas in their FINRA arbitration claim against Bankoh Investment 
Services to pursue damages for the losses they suffered.

SSEK Law Firm Senior Partner Kirk Smith ( 
https://c212.net/c/link/?t=0&l=en&o=3397978-1&h=80741343&u=https%3A%2F%2Fwww.investorlawyers.com%2Fkirk-g-smith.html&a=Kirk+Smith%C2%A0 
) took part in The Royal Gazette interview with Mrs. Nishiyima, who was 
accompanied by a translator. 

Read the full article here: 
https://www.royalgazette.com/business/article/20211203/investors-sue-over-northstar-failure/


Mrs. Nishiyama and her husband contend that they were blindsided to discover 
that they may have lost all of their investment in Northstar (Bermuda). 
Especially as their Bankoh broker ( 
https://c212.net/c/link/?t=0&l=en&o=3397978-1&h=2520212292&u=https%3A%2F%2Fwww.investorlawyers.com%2Fblog%2Fbroker-yoko-farias-northstar-bermuda-claim%2F&a=Bankoh+broker 
) had told them, both verbally and through literature presented, that their 
funds would be kept safe. Additionally, Bankoh Investment Services had 
neglected to tell them that the company's owner, Greg Lindberg was indicted in 
2019 and then convicted of wire fraud and bribery in 2020.

While the Nishiyamas are still hoping to recover some of their investment 
through the liquidation proceedings, a full recovery through this avenue is 
unlikely especially as Lindberg is suspected to have funneled funds from 
Northstar Financial Services (Bermuda) to other entities.

The company has also reported a $260M deficit. This is why the couple has 
chosen to file a FINRA arbitration claim against Bankoh. They understand that 
going after the brokerage firm is their best chance of maximizing their 
financial recovery. 

Mrs. Nishiyama said that the financial harm they've suffered because their 
Bankoh Investment Services broker recommended Northstar Financial Services 
(Bermuda) has taken a toll on both her health and the health of her husband. 

SSEK Law Firm is representing dozens of investors from around the world in 
FINRA arbitration against the US-brokerage firms that unsuitably recommended 
and sold them Northstar (Bermuda) investment products. 

Contact:

ksmith@sseklaw.com 
US Toll Free +1 (800) 259-9010 

Internationally via WhatsApp (text only): +1 713-227-2400

Northstar Bermuda FAQs ( 
https://c212.net/c/link/?t=0&l=en&o=3397978-1&h=3313461997&u=https%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-bermuda-faqs.html&a=Northstar+Bermuda+FAQs 
) 

Northstar Bermuda FAQs in Japanese ( 
https://c212.net/c/link/?t=0&l=en&o=3397978-1&h=2451536419&u=https%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-bermuda-faqs-japanese.html&a=Northstar+Bermuda+%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8B%E3%82%88%E3%81%8F%E3%81%82%E3%82%8B%E3%81%94%E8%B3%AA%E5%95%8F 
)

SOURCE: Shepherd Smith Edwards & Kantas LLP
Translations

Japanese