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Investigation announced for Long-Term Investors in shares of Medical Properties Trust, Inc. (NYSE: MPW) over potential Wrongdoing

03-08-2024 07:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Medical Properties Trust, Inc. (NYSE: MPW) shares.

An investigation on behalf of current long term investors in Medical Properties Trust, Inc. (NYSE: MPW) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Medical Properties Trust, Inc..

Investors who are current long term investors in Medical Properties Trust, Inc. (NYSE: MPW) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: MPW stocks follows a lawsuit filed against Medical Properties Trust, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: MPW stocks, concerns whether certain Medical Properties Trust, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the Defendants failed to disclose to investors that: (1) the Recap Transaction was subject to regulatory approval and had in fact been placed on hold by the DMHC; (2) accordingly, MPW had misrepresented the regulatory process for the Recap Transaction's approval; (3) as a result of the foregoing, MPW overstated the approval prospects and benefits of the Recap Transaction; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects

Those who purchased shares of Medical Properties Trust, Inc. (NYSE: MPW) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

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