SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in CommonWealth REIT of Class Action L...
21 Fevereiro 2013 - 4:18PM
Business Wire
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:
http://zlk.9nl.com/commonwealth-reit-cwh/.
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 jlevi@zlk.com 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.
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