Rosen Law Firm Reminds Overseas Shipholding Group, Inc. Investors of Important Class Action Deadline --- OSGIQ

Rosen Law Firm Reminds Overseas Shipholding Group, Inc. Investors of Important
Class Action Deadline --- OSGIQ

NEW YORK, Nov. 24, 2012 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. reminds
investors of the important December 26, 2012 lead plaintiff deadline in the
class action lawsuit on behalf of those who purchased Overseas Shipholding
Group, Inc. securities(OTCBB:OSGIQ) from May 4, 2009 through October 19,
2012.

To join the OSG class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq., toll-free, at 866-767-3653;
you may also email pkim@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.

The Complaint asserts violations of the federal securities laws against OSG
and certain of its officers and directors for issuing materially false and
misleading financial information.The lawsuit asserts that OSG: (a) improperly
accounted for certain tax liabilities; and (b) the Company lacked adequate
internal and financial controls.The lawsuit claims that when this adverse
information became known, the value of OSG stock fell more than 60%, damaging
investors.

If you wish to serve as lead plaintiff, you must move the Court no later than
December 26, 2012. A lead plaintiff is a representative party acting on behalf
of other class members in directing the litigation. If you wish to join the
litigation, or to discuss your rights or interests regarding this class
action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at
866-767-3653, or via e-mail at pkim@rosenlegal.com. You may also visit the
firm's website at http://rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation.

Attorney Advertising.Prior results do not guarantee a similar outcome.

CONTACT: Laurence Rosen, Esq.
         Phillip Kim, Esq.
         Jonathan Horne, Esq.
         The Rosen Law Firm P.A.
         275 Madison Avenue 34th Floor
         New York, New York 10016
         Tel:  (212) 686-1060
         Weekends Tel: (917) 562-8616
         Toll Free: 1-866-767-3653
         Fax: (212) 202-3827
         lrosen@rosenlegal.com
         pkim@rosenlegal.com
         jhorne@rosenlegal.com
         www.rosenlegal.com
 
Press spacebar to pause and continue. Press esc to stop.