Medical Properties Trust, Inc. Class Action Lawsuit - MPW

Company
Medical Properties Trust, Inc. (NYSE: MPW)
Lead Plaintiff Deadline
November 28, 2023 (Expired)
Class Period
May 23, 2023 - August 17, 2023

Expired

Lead Plaintiff Deadline

Nov 28, 2023

Never Miss Another Deadline

Choose your preferred way to stay informed of new case launches and settlement deadlines

WhatsApp

Scan the QR code or click the button to join

Join on WhatsApp

Get Updates by Email

Required Field

Required Field

Required Field

No Spam, opt-out anytime, alert list is free

Allegations

The filed complaint alleges that Medical Properties Trust, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) MPW's recapitalization transaction (the “Recap Transaction”) with Prospect Medical Holdings, Inc. was subject to regulatory approval and had in fact been placed on hold by the Department of Managed Health Care of the Health and Human Services Agency of the State of California (“DMHC”); (ii) accordingly, MPW had misrepresented the regulatory process for the Recap Transaction’s approval; (iii) as a result of the foregoing, MPW overstated the approval prospects and benefits of the Recap Transaction; and (iv) as a result, the Company’s public statements regarding the Recap Transaction were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the MPW class action lawsuit, you must have incurred a loss on shares of MPW purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in MPW during the relevant time frame or pursuant to the relevant offering(s), you have until November 28, 2023 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.

TOP