Shareholders Foundation, Inc.

NYSE:CLNY Long Term Investor Notice: Investigation of Potential Wrongdoing at Colony Capital, Inc.

An investigation on behalf of current long term investors in Colony Capital, Inc. (NYSE:CLNY) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

 

San Diego, CA -- (SBWIRE) -- 09/23/2020 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Colony Capital, Inc.

Investors who are current long term investors in Colony Capital, Inc. (NYSE: CLNY) shares, 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 for investors in NYSE: CLNY stocks follows a lawsuit filed against Colony Capital, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: CLNY stocks, concerns whether certain Colony Capital directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that 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.

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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.