A Deadline is coming up on June 12, 2023 in the lawsuit for certain investors in Medical Properties Trust, Inc. (NYSE:MPW).
San Diego, CA -- (SBWIRE) -- 05/30/2023 -- A deadline is coming up on June 12, 2023 in the lawsuit filed for certain investors of Medical Properties Trust, Inc. (NYSE: MPW).
Investors who purchased shares of Medical Properties Trust, Inc. (NYSE: MPW) have certain options and there are strict and short deadlines running. Deadline: June 12, 2023. NYSE: MPW stockholders should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Medical Properties Trust, Inc. (NYSE: MPW) common shares between March 1, 2022 and February 22, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 1, 2022 and February 22, 2023, the Defendants failed to disclose to investors that Prospect was facing significant pressures affecting the profitability of its Pennsylvania properties, that, as a result, there was a significant risk that Prospect would be unable to meet its rental obligations owed to MPT, that, "given the elongated timing of the Pennsylvania recovery," the Company was reasonably likely to record an impairment charge to the real estate value of the Pennsylvania properties, and that as a result of the foregoing, Defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Medical Properties Trust, Inc. (NYSE: MPW) have certain options and should contact the Shareholders Foundation.
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About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.