CLASS ACTION UPDATE for MPW, SPR and BYND: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / May 19, 2023 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

MPW Shareholders Click Here: https://zlk.com/pslra-1/medical-properties-trust-lawsuit-submission-form?prid=39696&wire=1
SPR Shareholders Click Here: https://zlk.com/pslra-1/spirit-lawsuit-submission-form?prid=39696&wire=1
BYND Shareholders Click Here: https://zlk.com/pslra-1/beyond-meat-lawsuit-submission-form?prid=39696&wire=1

* ADDITIONAL INFORMATION BELOW *

Medical Properties Trust, Inc. (NYSE:MPW)

MPW Lawsuit on behalf of: investors who purchased July 15, 2019 - February 22, 2023
Lead Plaintiff Deadline : June 12, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/medical-properties-trust-lawsuit-submission-form?prid=39696&wire=1

According to the filed complaint, during the class period, Medical Properties Trust, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company masked the distressed state of its tenants through sale-leaseback arrangements which were essentially round-robin transactions in that they allowed debt-saddled tenants to meet their obligations in the short-term; (ii) the Company fraudulently transferred hundreds of millions of dollars in what amounted to a bailout of financially distressed tenants; (iii) the Company concealed its fraudulent transfers with fake construction projects with purportedly high capital expenses, despite the fact that the Company entered into "triple-net leases," which meant that its tenants were obligated to pay a significant portion of expenses, such as real estate taxes, insurance, and maintenance; and (iv) as a result, the Company's public statements, including those with respect to the Pennsylvania Properties, were materially false and misleading at the time they were made.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

SPR Lawsuit on behalf of: investors who purchased April 8, 2020 - April 13, 2023
Lead Plaintiff Deadline : July 5, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/spirit-lawsuit-submission-form?prid=39696&wire=1

According to the filed complaint, during the class period, Spirit AeroSystems Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Spirit lacked effective production quality controls; (2) as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing; (3) as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages; (4) the foregoing would negatively impact Spirit's financial results; and (5) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Beyond Meat, Inc. (NASDAQ:BYND)

BYND Lawsuit on behalf of: investors who purchased May 5, 2020 - October 13, 2022
Lead Plaintiff Deadline : July 10, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/beyond-meat-lawsuit-submission-form?prid=39696&wire=1

According to the complaint, throughout the Class Period defendants made numerous materially false and misleading statements and omissions concerning the Company's ability to produce plant-based meats at scale. Specifically, defendants repeatedly assured investors that Beyond Meat conducted "extensive testing" to "ensure manufacturability" of its plant-based meat products at commercial scale, and touted the success of the Company's product tests with its large-scale partnerships as "very positive." Further, defendants blamed any delays in launching these large-scale partnerships on Covid-19.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

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