Medical Properties Trust, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The inquiry centers on whether the Company made inaccurate or deceptive statements or omitted material information that would have been important to investors. On February 23, 2023, Medical Properties Trust publicized its financial results for the fourth quarter and full year of 2022. The Company acknowledged a loss of approximately $171 million on four properties rented to Prospect Medical Holdings and declared a proposal to eliminate approximately $112 million in rent that had not yet been billed by the same client. Concerns have been raised by research reports regarding the sustainability of some of the Company’s major clients, including Prospect Medical Holdings. As a result of this news, Medical Properties Trust’s stock fell more than 8% on the same day.
