November 29, 2023
An investor for a hospital-focused real estate investment trust urged a New York federal court to appoint Pomerantz LLP as lead class counsel for a proposed securities class action against the REIT, which is accused of causing a share price drop by hiding a California government order that paused a $375 million equity stake transaction.
October 02, 2023
A potential class of investors accused hospital-focused real estate investment trust Medical Properties Trust Inc. in New York federal court of causing a share price drop by hiding a regulatory order that paused the REIT's $375 million equity stake transaction with a health care management services organization.