NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of Colony NorthStar, Inc. (NYSE:CLNS) concerning possible violations of federal securities laws.
Shares of Colony NorthStar fell $1.78 per share on March 1, 2018, to close at $6.00 per share after the Company reported 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.”
If you suffered a loss in Colony NorthStar and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/CLNS-Info-Request-Form-290.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.