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DEADLINE ACTION ALERT: The Schall Law Firm Announces the Filing of a Securities Class Action Lawsuit Against Colony Northstar, Inc. And Reminds Investors With Losses In Excess of $100,000 To Contact The Firm

Thursday, 26 April 2018 07:05 PM

The Schall Law Firm

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LOS ANGELES, CA / ACCESSWIRE / April 26, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Colony Northstar, Inc. ("the Company") (NYSE: CLNS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The Schall Law Firm, Thursday, April 26, 2018, Press release picture

Investors who purchased the Company's shares between February 28, 2017 and March 1, 2018, inclusive (the "Class Period") are encouraged to contact the firm before June 5, 2018.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company issued 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 truth was revealed to the investing public, shares dropped, causing shareholders harm.

The Schall Law Firm represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
Sherin Mahdavian, Esq.,
Schallfirm.com

SOURCE: The Schall Law Firm
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