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:
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