CommonWealth REIT (CWH) is issued a governance score of 8 by ISS (1-10 scale with 10 being the...

|By:, SA News Editor

CommonWealth REIT (CWH) is issued a governance score of 8 by ISS (1-10 scale with 10 being the riskiest), and a shareholder rights score of 10. The influential proxy advisory firm also suggests shareholders vote against board of trustee member Joe Morea who is up for re-election. Hedge funds Corvex and Related are attempting to oust the entire board, but CommonWealth is attempting to squash even a vote being taken.