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Colony NorthStar, Inc. (CLNS)

Securities Class Action

Overview
  • Date:
  • 4/9/2018
  • Company Name:
  • Colony NorthStar, Inc.
  • Stock Symbol:
  • CLNS
  • Class Period:
  • FROM 2/28/2017 TO 3/1/2018
  • Status:
  • Closed/Complete

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NEW YORK, April 9, 2018 – Bragar Eagel & Squire, P.C. announces to investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Colony NorthStar, Inc. (NYSE: CLNS) securities between February 28, 2017 and March 1, 2018 (the “Class Period”).  Investors have until June 5, 2018 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Colony NorthStar’s Healthcare and Investment Management segments were performing worse than reported; and (2) as a result, Colony NorthStar’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you purchased or otherwise acquired Colony NorthStar securities during the Class Period or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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