INVESTOR NOTICE: Rosen Law Firm Reminds Overseas Shipholding Group Investors of Important Class Action Deadline -- OSG

NEW YORK, Nov. 10, 2012 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds investors of the important December 26, 2012 lead plaintiff deadline in the class action lawsuit on behalf of investors who purchased Overseas Shipholding Group, Inc. stock OSG from May 4, 2009 to 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. 

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 complaint alleges that OSG improperly accounted for certain tax liabilities and lacked adequate internal and financial controls. This adverse information caused the value of OSG stock to fall 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.

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