San Diego, CA -- (SBWIRE) -- 10/31/2016 -- An investigation was announced on behalf of investors of New York REIT Inc (NYSE:NYRT) shares over potential securities laws violations by New York REIT Inc and certain of its directors and officers.

Investors who purchased shares of New York REIT Inc (NYSE:NYRT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of New York REIT Inc (NYSE:NYRT) concerning whether a series of statements by New York REIT Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

New York REIT Inc reported that its annual Total Revenue rose from $15.42 million in 2012 to $174.52 million in 2015 while its Net Loss increased from $6.34 million in 2012 to $39.08 million in 2015. Shares of New York REIT Inc (NYSE:NYRT) declined from $11.60 per share in November 2015 to as low as $8.79 per share in May 2016.

Shares of New York REIT Inc (NYSE:NYRT) closed on October 28, 2016, at $9.46 per share.

Those who purchased shares of New York REIT Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com