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Lead Plaintiff Deadline
Jul 27, 2020
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(i) 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; (ii) certain of Colony’s remaining portfolio companies carried unsustainable levels of debt secured by hotels and healthcare-related properties and were thus at a significant risk of default; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.
In order to be eligible to join the CLNY class action lawsuit, you must have incurred a loss on shares of Colony Capital purchased during the class period listed above.
If you suffered a loss in Colony Capital during the relevant time frame or pursuant to the relevant offering(s), you have until July 27, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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