BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it has commenced an investigation on behalf of Colony NorthStar, Inc. (“Colony NorthStar” or the “Company) (NYSE: CLNS) investors concerning the Company and its officers’ possible violations of federal securities laws.
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, shares of Colony NorthStar fell $1.78, or 22.88%, to close at $6.00 on March 1, 2018, thereby injuring investors.
If you purchased Colony NorthStar securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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