Sign In
Step 1
Unite with Fellow Investors
Step 2
Choose the Best Attorney
Step 3
Provide Documents
Step 4
Follow Case Progress
Step 5
Get Payout
MPW.US
id: 638

Medical Properties Trust (MPW) Misconduct Case

  • MPW disclosed an impairment of $171M on four properties.
  • $MPW fell 8.69%, damaging Investors.
  • Investors suspect $MPW & its officers and/or directors of engaging in unlawful business practices.
On February 23, 2023, Medical Properties Trust (MPW) announced its Q4 & 2022 financial results.  Among other items, MPW disclosed an impairment of approximately $171 million on four properties leased to Prospect Medical Holdings and announced a plan to write off about $112 million in unbilled rent from the same client.

On this news, the $MPT price fell 8.69%, damaging Investors.

Considering appeared situation, Investors may have reasons to suspect $MPW and its officers and/or directors of engaging in securities fraud or other unlawful business practices.
Case Status
Dismissed
Alleged Offence
Mismanagement
Misleading Statements
Financial Misrepresentation
Fraud
Failure to Disclose
Negligence
Breach of Fiduciary duty
Omissions
Suspected Party
Directors
Management
Shareholder
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
02/23/2023
Collecting participants…

Medical Properties Trust Inc

Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Co...

    Ticker
    MPW.US
    ISIN
    US58463J3041
    CIK
    1287865
    Sector
    Real Estate
    Industry
    REIT - Healthcare Facilities
    Country
    USA
    Address
    1000 Urban Center Drive, Birmingham, AL, United States, 35242-2225