Country for PR: United States
Contributor: PR Newswire New York
Tuesday, May 24 2022 - 08:00
AsiaNet
Elderly Japanese Investors Pursue Northstar (Bermuda) Claim with SSEK Law Firm for Up to $500K Against Bankoh and Yoko Farias of Pacific Century Investment Services in Honolulu
HONOLULU, May 24, 2022 /PRNewswire-AsiaNet/ --

Two older investors from Japan have filed a FINRA arbitration claim against the 
broker-dealer Bankoh Investment Services and its broker Yoko K. Farias over 
losses they sustained in Northstar Financial Services (Bermuda) ( 
https://c212.net/c/link/?t=0&l=en&o=3540399-1&h=2964853307&u=https%3A%2F%2Flink.edgepilot.com%2Fs%2F8ef9bc9e%2FgN_A9FAptEac3JFqNzVWNg%3Fu%3Dhttps%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-financial-services-bermuda.html&a=Northstar+Financial+Services+(Bermuda). 
). 

Our Northstar (Bermuda) investment lawyers are representing these two claimants 
in FINRA arbitration against Bankoh and Farias. They are two of the dozens of 
investors for whom we are fighting to help recover their losses they sustained 
after their broker-dealer marketed and sold Northstar (Bermuda) investments to 
them.

Bankoh and Farias Allegedly Concentrated Claimants In Unsuitably, Risky, 
Offshore Company

While the claimants now live in and are citizens of Japan, they had a Bank of 
Hawaii account. It was through this financial institution that they were 
introduced to Bankoh. Now, they are accusing the brokerage firm of 
overconcentrating more than $300K of their assets in Northstar Financial 
Services (Bermuda).

Northstar (Bermuda) neglected to fulfill statutory disclosures at the end of 
2018 and 2019, while its owner billionaire Greg Lindberg was indicted of crimes 
in 2019, and Bankoh ceased to market the company's products to customers. 
Bankoh and its financial advisor allegedly never informed these Japanese 
investors of the latest developments.

Inexperienced Investors Wanted Safety, Instead Got High Risks While Bankoh 
Earned High Commissions

These two inexperienced foreign investors claim that Bankoh and Farias 
allegedly promised them that their accounts would be structured for principal 
protection. Instead, the couple were allegedly concentrated in Northstar even 
as they remained oblivious to the perils, allowing Bankoh and Faris to earn 
high commissions and fees.

Read More About Northstar Financial Services (Bermuda), Its Products, and 
Related Entities ( 
https://c212.net/c/link/?t=0&l=en&o=3540399-1&h=263266394&u=https%3A%2F%2Flink.edgepilot.com%2Fs%2F8ef9bc9e%2FgN_A9FAptEac3JFqNzVWNg%3Fu%3Dhttps%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-financial-services-bermuda.html&a=Northstar+Financial+Services+(Bermuda)%2C+Its+Products%2C+and+Related+Entities 
).

Seasoned Northstar (Bermuda) Investor Law Firm

SSEK Law Firm is representing dozens of investors, including foreign nationals 
from all over the world, in FINRA arbitration in the US over Northstar 
Financial Services (Bermuda) losses.

If you are Northstar (Bermuda) investor who would like to explore your legal 
options with SSEK Law Firm: 

In the US call:  (800) 259-9010 
International Via WhatsApp (text only): 713-227-2400
Northstar (Bermuda) FAQs ( 
https://c212.net/c/link/?t=0&l=en&o=3540399-1&h=1992863241&u=https%3A%2F%2Flink.edgepilot.com%2Fs%2Fa7670511%2Fjc4yONULHkSBSoYZWw3i8g%3Fu%3Dhttps%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-bermuda-faqs.html&a=Northstar+(Bermuda)+FAQs 
)

Northstar Bermuda ( 
https://c212.net/c/link/?t=0&l=en&o=3540399-1&h=4193952648&u=https%3A%2F%2Flink.edgepilot.com%2Fs%2Fb6af523b%2FYBLw_0oz3EeKMEO5cpabOg%3Fu%3Dhttps%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-bermuda-faqs-japanese.html&a=Northstar+Bermuda%C2%A0%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 
)

Northstar Bermuda Preguntas Frecuentes ( 
https://c212.net/c/link/?t=0&l=en&o=3540399-1&h=1912257018&u=https%3A%2F%2Flink.edgepilot.com%2Fs%2F8ef9bc9e%2FgN_A9FAptEac3JFqNzVWNg%3Fu%3Dhttps%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-financial-services-bermuda.html&a=Northstar+Bermuda+Preguntas+Frecuentes 
)

Contact: Mathew Brown-Watson, 713-580-8911, mbwatson@sseklaw.com

SOURCE: Shepherd Smith Edwards & Kantas LLP 
Translations

Japanese