Law Offices of Todd M. Garber Announces Class Action Lawsuit Against CommonWealth REIT

  Law Offices of Todd M. Garber Announces Class Action Lawsuit Against
  CommonWealth REIT

Business Wire

LOS ANGELES -- February 8, 2013

The Law Offices of Todd M. Garber announces that a class action lawsuit has
been filed in the United States District Court for the District of
Massachusetts on behalf of a class (the “Class”) comprising all purchasers of
the common shares of CommonWealth REIT (“CommonWealth” or the “Company”)
(NYSE:CWH) between January 10, 2012 and August 8, 2012, inclusive (the “Class

CommonWealth is a real estate investment trust, whose primary business is the
ownership and operation of real estate, including office and industrial
buildings and leased industrial land. The Complaint alleges that throughout
the Class Period the defendants issued materially false and misleading
statements regarding the Company’s business and financial performance and
prospects. Specifically, defendants misrepresented and/or failed to disclose
that: (1) the Company was experiencing softness in the leasing market as the
number of leased office spaces was below internal expectations, especially in
the Company’s suburban office segment; (2) existing tenants were demanding and
receiving significant concessions, which was further eroding the Company’s
rental income; and (3) as a result, defendants lacked a reasonable basis for
their positive statements about the Company’s leverage ratio, occupancy rate
and dividend payout.

On August 8, 2012, the Company disclosed that CommonWealth’s occupancy rate
fell from 84.8% on March 31 to 84.5% as of June 30, and that the Company would
likely reduce its dividend.

If you are a member of the above-described Class, you may move the Court no
later than February 25, 2013 to serve as lead plaintiff; however, you must
meet certain legal requirements. To be a member of the Class you need not take
any action at this time, or you may retain counsel of your choice. If you have
information or would like to learn more about these claims, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Todd M. Garber, Esquire, of the Law
Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.


Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, California
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