NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Colony NorthStar, Inc. (“Colony NorthStar” or “the Company”) (NYSE:CLNS) concerning possible violations of federal securities laws.
On March 1, 2018, shares of Colony NorthStar fell $1.78 per share to close at $6.00 per share after reporting disappointing financial results for the fourth quarter and full year ended December 31, 2017. In a press release filed with the U.S. Securities and Exchange Commission, the Company announced “a $375 million write-down of goodwill and intangibles” related to the Company’s “retail investment management business.” To obtain additional information, go to:
http://www.zlkdocs.com/CLNS-Info-Request-Form-6597
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.