NEW YORK, NY / ACCESSWIRE / July 23, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
Colony Capital, Inc. (NYSE:CLNY)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/colony-capital-inc-loss-submission-form?prid=8141&wire=1
Lead Plaintiff Deadline: July 27, 2020
Class Period: August 9, 2019 - May 7, 2020
Allegations against CLNY include that: (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.
Brookdale Senior Living Inc. (NYSE:BKD)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/brookdale-senior-living-inc-loss-submission-form?prid=8141&wire=1
Lead Plaintiff Deadline: August 24, 2020
Class Period: August 10, 2016 - April 29, 2020
Allegations against BKD include that: (i) Brookdale's financial performance was sustained by, among other things, the Company's purposeful understaffing of its senior living communities; (ii) the foregoing conduct subjected Brookdale to an increased risk of litigation and, once revealed, was foreseeably likely to have a material negative impact on the Company's financial results and reputation; (iii) as a result, the Company's financial results were unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Kirkland Lake Gold Ltd. (NYSE:KL)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/kirkland-lake-gold-ltd-loss-submission-form?prid=8141&wire=1
Lead Plaintiff Deadline: August 28, 2020
Class Period: January 8, 2018 - November 25, 2019
Allegations against KL include that: (i) Kirkland lacked adequate internal controls over financial reporting, especially as it relates to its projections of risks, reserve grade, and all-in sustaining costs; (ii) as a result of the known, but undisclosed, impending acquisition of Detour, the Company's projections relating to its risks, reserve grade, and all-in sustaining costs were false and misleading; (iii) the Company's financial statements and projections were not fairly presented in conformity with International Financial Reporting Standards; (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company's business, operations, and prospects and/or lacked a reasonable basis and omitted material facts.
To learn more contact Vincent Wong, Esq. either via email email@example.com or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
SOURCE: The Law Offices of Vincent Wong
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