SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Breaches of Fiduciary Duty by NorthStar Asset Management Group Inc. and Certain Officers and Directors – NSAM
NEW YORK, NY / ACCESSWIRE / September 30, 2016 / Levi & Korsinsky, LLP announces that it has commenced an investigation of NorthStar Asset Management Group Inc. (“NorthStar” or the “Company”) (NYSE: NSAM) concerning possible breaches of fiduciary duty.
The investigation concerns the merger agreement, announced June 3, 2016, between between NorthStar, NorthStar Realty Finance Corp. (NYSE: NRF), and equity firm Colony Capital Inc. (NYSE: CLNY). Following the merger announcement, certain institutional shareholders have objected to the deal in its current form on the grounds that it does not provide sufficient value to NSAM’s stockholders. To obtain additional information about the investigation, go to: http://zlk.9nl.com/northstar-asset-management or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
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