Pirani v. Medical Properties Trust, Inc. et al
Case Number:
2:23-cv-00486
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 01, 2024
Judge Combines Healthcare REIT Claims For Discovery
An Alabama federal judge on Thursday consolidated two related actions for discovery and pretrial proceedings into a proposed class action from investors accusing real estate investment trust Medical Properties Trust Inc. of scheming to hide the poor performance of four acute care hospitals it owns in Pennsylvania.
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November 20, 2023
Health Care REIT Ramps Up Effort To Avoid Class Action
A health care real estate investment trust doubled down on its effort to skirt a proposed class action in Alabama federal court alleging it concealed the poor performance of four Pennsylvania acute-care hospitals from investors, arguing the suit's "generalized attacks" fall short.
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November 06, 2023
Investor Class Says Alabama REIT's Dismissal Bid Is Flawed
A proposed class of investors suing a health care facilities-focused real estate investment trust is hitting back at the REIT's attempt to have the suit dismissed in Alabama federal court, saying they meet the necessary pleading standards.
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October 16, 2023
Hospital REIT Says Investors' Class Claims Contain 'Defects'
A health care facilities-focused real estate investment trust has asked an Alabama federal court to dismiss a class action accusing it of misleading investors about the poor performance of its Pennsylvania assets, arguing the claims don't meet federal pleading standards and have "fundamental defects."
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July 27, 2023
Berger Montague To Helm Hospital REIT Class Action
An Alabama federal judge has appointed Berger Montague as lead counsel in a proposed class action against a health care facilities-focused real estate investment trust that was filed by an investor who was named lead plaintiff by the court.
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April 14, 2023
Investors Hit Hospital REIT With Securities Suit
A proposed class of investors in a health care facilities-focused real estate investment trust alleged on Friday that the REIT hid from investors how poorly several Pennsylvania assets were performing.