San Diego, CA -- (SBWIRE) -- 01/20/2016 -- An investigation for shareholders in New York REIT Inc (NYSE:NYRT) was announced over potential breaches of fiduciary duties by certain directors at New York REIT Inc.

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 +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain New York REIT officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

New York REIT Inc reported that its annual Total Revenue rose from $7.54 million in 2011 to $155.57 million in 2014 while its Net Loss increased from $3.42 million in 2011 to $93.03 million in 2014.

Shares of New York REIT Inc (NYSE:NYRT) closed on January 15, 2016, at $10.79 per share.

Those who purchased shares of New York REIT Inc (NYSE:NYRT), 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