Bragar Eagle & Squire, PC Reminds Investors Class Action Lawsuits…

Bragar Eagle & Squire, PC Reminds Investors Class Action Lawsuits…

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NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits may be filed on behalf of shareholders of Medical Properties Trust, Inc. MPWAllbirds, Inc. BIRDand Nutanix, Inc. NTNX. Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.

Medical Properties Trust, Inc. MPW

Class period: July 15, 2019 – February 22, 2023

Lead Plaintiff Deadline: June 12, 2023

Throughout the Class Period, the Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, the defendants failed to disclose to investors: (1) that Prospect was subject to significant pressures that affected the viability of its Pennsylvania properties; (2) that as a result, there was a significant risk that Prospect would be unable to meet its rental obligations to MPT; (3) that the Company would be likely to record an impairment in the real estate value of the Pennsylvania properties “given the extended period of recovery in Pennsylvania”; (4) and that as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacked any reasonable basis.

For more information on the MPT class action go to: https://bespc.com/cases/MPW

Allbirds, Inc. BIRD

Class Period: In connection with the Company’s IPO in November 2021; November 4, 2021 – March 9, 2023

Lead Plaintiff Deadline: June 12, 2023

In November 2021, Allbirds completed its initial public offering, selling approximately 16,850,799 Class A common shares at $15.00 per share.

On March 9, 2023, after the market close, the Company issued a press release announcing a net loss of $24.9 million for the fourth quarter of 2022 and a net loss of $24.9 million for the full year 2022.



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