SAN FRANCISCO, CA / ACCESSWIRE / April 18, 2023 / Hagens Berman urges Medical Properties Trust, Inc. (NYSE:MPW) investors who suffered substantial losses submit your losses now.Class Period: July 15, 2019- Feb. 22, 2023
Lead Plaintiff Deadline: June 12, 2023
Visit: www.hbsslaw.com/investor-fraud/MPW
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844-916-0895
Medical Properties Trust, Inc. (MPW) Securities Fraud Class Action:
According to the complaint, Defendants made false and misleading statements and failed to disclose that Medical Properties: (1) masked the distressed state of its tenants through sale-leaseback arrangements that were essentially round-robin transactions in that they allowed debt-saddled tenants to meet their obligations in the short term; (2) fraudulently transferred hundreds of millions of dollars in what amounted to a bailout of financially distressed tenants; and (3) concealed its fraudulent transfers with fake construction projects with purportedly high capital expenses, despite the fact that the company entered into "triple-net leases" that obligated its tenants to pay a significant portion of expenses.
Investors began to learn the truth on Jan. 26, 2023, when Viceroy Research published a scathing report accusing Medical Properties of "engaging in billions of dollars of uncommercial transactions with its tenants and their management teams in order to mask a pervasive revenue round-robin scheme and/or theft."
Then, on Feb. 2, 2023, Viceroy sent and...
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