MPW ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 12, 2023 in the Class Action Filed on Behalf of Medical Properties Trust, Inc. Shareholders

NEW YORK, May 16, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Medical Properties Trust, Inc. (NYSE: MPW) alleging that the Company violated federal securities laws.

Class Period: July 15, 2019 to February 22, 2023
Lead Plaintiff Deadline: June 12, 2023
No obligation or cost to you.

Learn more about your recoverable losses in MPW:
https://www.kleinstocklaw.com/pslra-1/medical-properties-trust-lawsuit-loss-submission-form?id=39403&from=4

Medical Properties Trust, Inc. NEWS - MPW NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Medical Properties Trust, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company masked the distressed state of its tenants through sale-leaseback arrangements which were essentially round-robin transactions in that they allowed debt-saddled tenants to meet their obligations in the short-term; (ii) the Company fraudulently transferred hundreds of millions of dollars in what amounted to a bailout of financially distressed tenants; (iii) the Company concealed its fraudulent transfers with fake construction projects with purportedly high capital expenses, despite the fact that the Company entered into "triple-net leases," which meant that its tenants were obligated to pay a significant portion of expenses, such as real estate taxes, insurance, and maintenance; and (iv) as a result, the Company's public statements, including those with respect to the Pennsylvania Properties, were materially false and misleading at the time they were made.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Medical Properties Trust you have until June 12, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Medical Properties Trust securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the MPW lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/medical-properties-trust-lawsuit-loss-submission-form?id=39403&from=4.

ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
[email protected]
Telephone: (212) 616-4899
www.kleinstocklaw.com

SOURCE The Klein Law Firm

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED