SAN DIEGO, April 17, 2023 (GLOBE NEWSWIRE) — The law firm of Robbins Geller Rudman & Dowd LLP announces that buyers or acquirers of Medical Properties Trust, Inc. MPW Securities between July 15, 2019 and February 22, 2023, both dates inclusive (the “Collection Period”) have until June 12, 2023 to request appointment as Lead Plaintiff Medicinal properties class action. The Medicinal properties Class action lawsuit charges Medical Properties and some of its top executives with violations of the Securities Exchange Act of 1934. The lawsuit first filed is titled Sward v Medical Properties Trust, Inc., No. 23-cv-03070 (SDNY). A subsequently filed complaint is labeled Fiyyaz Pirani, Trustee of Imperium Irrevocable Trust v Medical Properties Trust, Inc., No. 23-cv-00486 (ND Ala.).

If you have suffered significant losses and are the main plaintiff in the Medicinal properties Class action, please provide your information here:

https://www.rgrdlaw.com/cases-medical-properties-trust-inc-class-action-lawsuit-mpw.html

You can also contact a lawyer JC Sanchez of Robbins Geller by phone at 800/449-4900 or email jsanchez@rgrdlaw.com.

CASE CLAIMS: Medical Properties is a real estate investment trust that leases its medical facilities to healthcare providers on a long-term basis. Prospect Medical Holdings, Inc. (“Prospect Medical”) leases and operates 13 Medical Properties facilities, representing 7.3% of its total assets as of December 31, 2021.

The Medicinal properties The class action alleges that during the class period, the defendants made false and/or misleading statements and/or failed to disclose the following: (i) Prospect Medical was under significant pressure that impacted the viability of its Pennsylvania properties; (ii) as a result, there was a significant risk that Prospect Medical would be unable to meet its rental obligations to Medical Properties; and (iii) medicinal properties was…