Joseph Beam (CRD# 5407778), a financial advisor based in Flat Rock, North Carolina, has recently come under scrutiny due to a series of investor complaints and lawsuits. Beam, who has 15 years of experience in the securities industry, was previously registered with SunTrust Investment Services and is the owner of Beam & Associates Financial Advisors. […]
Joseph Beam Hit with Customer Complaint On GWG Holding Sales Read More »
The tally of investors seeking compensation from their broker-dealer for losses incurred on account of their unsuitable recommendation of Northstar Financial Services (Bermuda), which has filed for bankruptcy and is undergoing liquidation proceedings. keeps rising. The latest is an elderly investor from Venezuela who is seeking a six-figure sum as compensation from his brokerage firm
Past actions seem to be catching up fast with Durham, NC resident Greg Lindberg, already in prison for bribery, wire fraud, and conspiracy to commit honest services fraud. The owner of bankrupt Northstar Financial Services (Bermuda) has been slapped with a lawsuit for payment of $524 million to honor an agreement between PB Life and
Northstar Financial Services (Bermuda) Lawsuit Filed For +$500 Million Read More »
The unraveling of Northstar Financial Services (Bermuda), Limited, has triggered a series of lawsuits by investors against brokerage firms for misrepresentation and unsuitability for selling the company’s insurance and investment products to them. Bankoh Investment Services, a nonbank subsidiary of Bank of Hawaii, SunTrust Investment Services, Inc., and Ocean Financial Services, LLC, are some of
Northstar Financial Services (Bermuda): Lawsuits and Recovery Options Read More »