SAN FRANCISCO, April 17, 2023 (GLOBE NEWSWIRE) — Hagens Berman is calling for Medical Properties Trust, Inc. MPW Investors who suffered significant losses Submit your losses now.

school lesson: July 15, 2019 – February 22, 2023
Deadline for lead plaintiff: June 12, 2023
Visit: www.hbsslaw.com/investor-fraud/MPW
Contact a lawyer now: MPW@hbsslaw.com
844-916-0895

Securities Fraud Class Action by Medical Properties Trust, Inc. (MPW):

According to the lawsuit, the defendants made false and misleading statements and failed to disclose that Medical Properties: (1) disguised the distressed condition of its tenants through sale-leaseback agreements, which were essentially round-robin transactions because they owed tenants this enabled them to meet their obligations at short notice; (2) fraudulently transferred hundreds of millions of dollars, amounting to a bailout for distressed tenants; and (3) disguised its fraudulent transfers with bogus construction projects with allegedly high capital costs, even though the company entered into “triple-net leases” that required its tenants to pay a significant portion of the costs.

Investors began learning the truth on January 26, 2023 when Viceroy Research issued a scathing report accusing Medical Properties of “conducting billions of dollars in non-commercial transactions with its tenants and their management teams to cover up a pervasive revenue round-robin scheme and/or theft.”

Then, on February 2, 2023, Viceroy sent and published his letter to Medical Properties’ auditor emphasizing him Viceroy‘s concerns about seriously distressed tenants and lost revenue, uncollectable accumulated income and impaired assets.

Finally, on February 23, 2023, the Company reported fourth quarter and full year 2022 financial results, which included a whopping $171 million impairment charge related to four properties leased to Prospect and a $112 million write-down on . ..