NEW
YORK, Nov. 14, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders
of Medical Properties Trust, Inc..
Shareholders who purchased shares of MPW during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/mpw-loss-submission-form/?id=55614&from=4
CLASS PERIOD: May 23, 2023
to August 17, 2023
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued 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.
DEADLINE: November 28, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/mpw-loss-submission-form/?id=55614&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of MPW during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is November 28, 2023. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE Gross Law Firm