Bankers Life Annuity: What You Need to Know

As an investor, it can be overwhelming to navigate the complex world of annuities. Recently, there have been numerous cases involving brokerage firms selling investments from obscure offshore companies owned by Greg Lindberg, a beleaguered insurance magnate. These companies, such as Northstar Financial Services and PB Investment Holdings, paid high commissions to brokers, leaving investors with significant losses.

If you are an investor who purchased annuities issued by Colorado Bankers Life Insurance Company or Bankers Life Insurance Company, you may be wondering how to recover your money. Unfortunately, both entities were placed into liquidation in late 2022, making it even more challenging for investors to recoup their losses.

At Shepherd Smith Edwards and Kantas, our experienced securities lawyers have filed dozens of annuity loss lawsuits related to Greg Lindberg-owned entities. We understand the impact that these investments can have on your financial security and are committed to helping you recover your losses.

If you purchased an annuity from one of these companies, it's essential to take immediate action to protect your rights. Our skilled attorneys will work tirelessly to investigate the brokerage firms that sold these annuities, seeking compensation for your losses.

Don't let the complexity of these cases intimidate you. Contact our trusted FINRA lawyers today to schedule a free consultation and learn more about your options. With our expertise and dedication, we can help you navigate this challenging situation and achieve a positive outcome.

Bankers life annuity