SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Colony NorthStar, Inc. – CLNS

April 23, 2018

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NEW YORK, April 23, 2018 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Colony NorthStar, Inc. (“Colony NorthStar” or the “Company”) (NYSE:  CLNS).  Such investors are advised to contact Robert S. Willoughby at or 888-476-6529, ext. 9980.

The investigation concerns whether Colony NorthStar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here to join a class action]

On March 1, 2018, Colony NorthStar reported its financial and operating results for the quarter and year ended December 31, 2017, announcing a goodwill impairment of $375 million, attributable to the Company’s Healthcare and Investment Management segments.  On this news, Colony NorthStar’s share price fell $1.78, or 22.88%, to close at $6.00 on March 1, 2018. 

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See

Robert S. Willoughby
Pomerantz LLP
888-476-6529 ext. 9980

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SOURCE Pomerantz LLP

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