SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors With Losses on Their
Investment in CommonWealth REIT of Class Action Lawsuit and the
Deadline of February 25, 2013 to Seek a Lead Plaintiff Position
NEW YORK, NY -- (Marketwire) -- 02/05/13 -- Levi & Korsinsky
announces that a class action lawsuit has been commenced in the
United States District Court for the District of Massachusetts on
behalf of investors who purchased CommonWealth REIT ("CommonWealth"
or the "Company") (NYSE: CWH) stock between January 10, 2012 and
August 8, 2012.
For more information, click here:
The complaint alleges that, during the Class Period, defendants
issued materially false and misleading statements regarding the
Company's financial performance and future prospects. Specifically,
defendants misrepresented and/or failed to disclose the following
adverse facts: (a) that the Company was experiencing softness in the
leasing market as the number of leased office spaces was below
internal expectations; (b) that existing tenants were demanding and
receiving significant concessions, thus further eroding the Company's
rental income; and (c) as a result of the foregoing, defendants
lacked a reasonable basis for their positive statements about the
Company's leverage ratio, occupancy rate and dividend payout.
If you suffered a loss in CommonWealth you have until February 25,
2013 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. To obtain additional information, contact Joseph E.
Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (877)
363-5972, or visit http://zlk.9nl.com/commonwealth-reit-cwh/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, and Washington D.C. The firm has 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.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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