ATLANTA, Oct. 02, 2023 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC informs investors that a shareholder class action lawsuit has been filed against Medical Properties Trust, Inc. (“MPW” or the “Company”) (NYSE: MPW). The lawsuit alleges MPW made false or misleading statements and/or omitted material adverse information regarding the Company’s business, operations, and prospects, including: (i) the recapitalization transaction (the “Recap Transaction”) 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; (ii) accordingly, MPW had misrepresented the regulatory process for the Recap Transaction’s approval; and (iii) as a result of the foregoing, MPW overstated the approval prospects and benefits of the Recap Transaction.
If you bought shares of MPW between May 23, 2023 and August 17, 2023, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/mpw/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is November 28, 2023.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]
