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MPW.US
id: 638, Created by Stan Vick, Scout
Medical Properties Trust (MPW) Misconduct Case
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- You will get case updates and receive a payout in case of success
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- No, you do not pay anything out of your pocket neither to us nor to attorney
- 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.
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
23 February 2023