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Deadline on July 27, 2020 coming up in Lawsuit for Investors in Colony Capital, Inc. (NYSE: CLNY)

07-13-2020 07:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on July 27, 2020 in the lawsuit for certain investors in Colony Capital, Inc. (NYSE: CLNY).

A Deadline is coming up on July 27, 2020 in the lawsuit for certain investors in Colony Capital, Inc. (NYSE: CLNY).

A deadline is coming up on July 27, 2020 in the lawsuit filed for certain investors of Colony Capital, Inc. (NYSE: CLNY) over alleged securities laws violations by Colony Capital, Inc.

Investors who purchased shares of Colony Capital, Inc. (NYSE: CLNY) have certain options and there are strict and short deadlines running. Deadline: July 27, 2020. NYSE: CLNY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges on behalf of purchasers of Colony Capital, Inc. (NYSE: CLNY) common shares between August 9, 2019, and May 7, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 9, 2019, and May 7, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that Colony’s sale of its industrial real estate portfolio and the bifurcation of Colony Credit Real Estate’s portfolio were foreseeably likely to negatively impact Colony’s financial and operating results, that certain of Colony’s remaining portfolio companies carried unsustainable levels of debt secured by hotels and healthcare-related properties and were thus at significant risk of default, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of Colony Capital, Inc. (NYSE: CLNY) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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