openPR Logo
Press release

Investigation announced for Investors in shares of Colony Credit Real Estate, Inc. (NYSE: CLNC)

09-03-2020 10:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Colony Credit Real Estate, Inc. (NYSE: CLNC) shares over potential securities laws violations.

An investigation for investors in Colony Credit Real Estate, Inc. (NYSE: CLNC) shares over potential securities laws violations.

An investigation was announced concerning possible violations of securities laws by Colony Credit Real Estate, Inc. in connection with certain financial statements.

Investors who purchased shares of Colony Credit Real Estate, Inc. (NYSE: CLNC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Colony Credit Real Estate, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Los Angeles, CA based Colony Credit Real Estate, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States.

On or about February 1, 2018, Colony Credit Real Estate, Inc issued a Registration Statement and Prospectus in connection with the combination of Colony NorthStar, Inc., NorthStar Real Estate Income Trust, Inc., and NorthStar Real Estate Income II, Inc. (the "Merger").
Then, on August 8, 2019, Colony Credit Real Estate, Inc issued a press release to report its second-quarter 2019 financial results, in which it reported a $119 million provision for loan losses.
Additionally, on November 8, 2019, Colony Credit Real Estate, Inc announced a portfolio bifurcation of certain assets and disclosed a $127 million provision for loan losses.

Shares of Colony Credit Real Estate, Inc. (NYSE: CLNC) declined from $23.23 per share in September 2018 to as low as $2.46 per share on March 23, 2020.

Those who purchased shares of Colony Credit Real Estate, Inc. (NYSE: CLNC) 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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors in shares of Colony Credit Real Estate, Inc. (NYSE: CLNC) here

News-ID: 2127660 • Views:

More Releases from Shareholders Foundation

Lawsuit for Investors in Sonder Holdings Inc. (NASDAQ: SOND) filed in effort to recover losses
Lawsuit for Investors in Sonder Holdings Inc. (NASDAQ: SOND) filed in effort to …
An investor, who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND), filed a lawsuit over alleged violations of Federal Securities Laws by Sonder Holdings Inc in connection with certain allegedly false and misleading statements. Investors who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: SOND investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com
Lawsuit filed for Investors in Ocugen, Inc. (NASDAQ: OCGN) in effort to recover losses
Lawsuit filed for Investors in Ocugen, Inc. (NASDAQ: OCGN) in effort to recover …
An investor, who purchased shares of Ocugen, Inc. (NASDAQ: OCGN), filed a lawsuit i over alleged violations of Federal Securities Laws by Ocugen, Inc.. Investors who purchased shares of Ocugen, Inc. (NASDAQ: OCGN) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: OCGN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. Malvern, PA based Ocugen, Inc., a
Investors who lost money with shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) should contact the Shareholders Foundation in connection with Lawsuit
Investors who lost money with shares of Evolv Technologies Holdings, Inc. (NASDA …
An investor, who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), filed a lawsuit in the U.S. District Court for the District of Massachusetts over alleged violations of Federal Securities Laws by Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. Investors who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) have certain options and for certain investors are short and strict deadlines running. Deadline: May 24, 2024. NASDAQ: EVLV
Investigation announced for Investors who purchased shares of Comtech Telecommunications Corp. (NASDAQ: CMTL) over possible Violations of Securities Laws
Investigation announced for Investors who purchased shares of Comtech Telecommun …
Comtech Telecommunications Corp is under investigation over potential securities laws violations in connection with certain financial statements. Investors who purchased shares of Comtech Telecommunications Corp. (NASDAQ: CMTL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm focuses on whether a series of statements by Comtech Telecommunications Corp. regarding its business, its prospects and its operations were materially false

All 5 Releases


More Releases for Real

Nine Way Real Estate enters Dubai real estate market
Dubai’s real estate sector has just reached in June 2021 a record of sale transactions, the highest in value in eight years*, proof of the vitality and attractiveness of the property market in the Emirate. Is this post-lockdown vitality of the real estate industry the sign Monica Garcia Ricardo, an accomplished and award-winning agent, was waiting for to open Nine Way Real Estate, a boutique size brokerage, built on
Worldwide Real Estate Market Growing Steadily | Sotheby's International Realty, …
The recent research report on the global Real Estate market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and profitability of the market. The report offers an extensive analysis of key drivers, leading market players, key segments, and regions. Besides this, the experts have deeply studied different geographical areas and presented a competitive scenario to assist new entrants, leading
REAL GYM. REAL PEOPLE. REAL RESULTS :SOUTHBEACHBOXING
Boxers are in incredible shape. They have toned abs, slender muscles, and great definition. The question is – how do you get that great body without competing in fights? South Beach Boxing knows that “You Don’t Need To Be a Boxer To Train Like One!” Founder and Owner, Jolie Glassman, has taken the same exercises and actual training that REAL PRO boxers use to get lean and toned and made them
How Real Estate Apps can Drive Your Real Estate Business
In an industry going through a technological revolution, 6 Benefits of real estate apps development for realtors company can help you cope with changes and gain a significant advantage over your competitors. Get a Free Personalized Demo @ http://www.themobileappmaker.com/industries/real-estate-app/ Mobile phone technology has brought about monumental changes that are revolutionizing how we do business. The benefits of these technologies are endless, and unsurprisingly, our dependence on them increases day by day. For
Real Time Bookkeeping Changes to Cloud9 Real Time
SAN DIEGO, CA - Real Time Bookkeeping (RTB) is a licensed Commercial Host by Intuit and an accredited Managed Service Provider by MSP Alliance. The industry changer is revealing just how far they have come in a recent move to the name Cloud9 Real Time. “Our organization is excited about the change. We have grown over 500% in just under 18 months and the name change is part of the
Real Estate is a Real Time Business
SAN FRANCISCO, Mar 17, 2010 - Crosspollinate.org soft-launched this month the first version of its real time search and marketing service for Real Estate professionals . Although real-time search engines have proliferated over the last few months, this is the first offering of this kind available for the Real Estate industry. Real time search is a new kind of service which lets individuals and businesses know what is happening around