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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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September 26, 2024
Healthcare REIT Defeats Investor Suit For Good
An Alabama federal judge on Thursday permanently tossed an investor suit against a healthcare-focused real estate investment trust, Medical Properties Trust Inc., that alleged the trust hid the poor performance of four acute care hospitals it owns in Pennsylvania, saying the plaintiff's asserted theory in the suit "is somewhat Jekyll and Hyde."
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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.