NEW YORK, March 06, 2023 (GLOBE NEWSWIRE) — The law firm of Kirby McInerney LLP is investigating potential claims against Medical Properties Trust, Inc. (“Medical Properties” or the “Company”) MPW. The investigation concerns whether Medical Properties and/or certain of its officers have violated federal securities laws and/or engaged in other illegal business practices.

Medical Properties is a self-advising real estate investment trust formed to acquire and develop net leased healthcare facilities.

On February 23, 2023, MPW recorded an impairment of approximately $171 million on four properties leased to Prospect Medical Holdings and a write-off of approximately $112 million in unbilled rent therefor for the fourth quarter and full year 2022 known to customers. As a result of this news, Medical Properties shares fell $1.06 per share, or approximately 8.69%, from $12.20 per share to a closing price of $11.14 on February 23, 2023.

If you have purchased or otherwise acquired Medical Properties securities, have information, or would like to learn more about this investigation, please contact us Thomas W Elrod from Kirby McInerney LLP by email at investigations@kmllp.comor by filling this out Contact formto discuss your rights or interests in relation to these matters at no cost to you.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm focused on securities, antitrust, whistleblower and consumer litigation. The firm’s efforts on behalf of shareholders in securities disputes have resulted in recoveries totaling billions of dollars. For more information about the firm, visit Kirby McInerney LLP’s website: http://www.kmllp.com.

This press release may be considered an attorney’s advertisement in some jurisdictions under applicable laws and ethics rules.

contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq.
212-699-1180
https://www.kmllp.com
investigations@kmllp.com