NEW YORK, NY / ACCESSWIRE / May 17, 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=39576&wire=1
TSE Shareholders Click Here: https://zlk.com/pslra-1/trinseo-plc-lawsuit-submission-form?prid=39576&wire=1
BYND Shareholders Click Here: https://zlk.com/pslra-1/beyond-meat-lawsuit-submission-form?prid=39576&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=39576&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.
Trinseo PLC (NYSE:TSE)
TSE Lawsuit on behalf of: investors who purchased May 3, 2021 - March 27, 2023
Lead Plaintiff Deadline: June 20, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/trinseo-plc-lawsuit-submission-form?prid=39576&wire=1
According to the filed complaint, during the class period, Trinseo PLC made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (2) defendants did not sufficiently disclose specific risks related to conducting operations at that plant; (3) operating a chemical plant with an unsafe history and presently unsafe operations exposed the Company to a heightened risk of a chemical spill or other adverse events; and (4) as a result, defendants statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
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=39576&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.
Ed Korsinsky, Esq.
55 Broadway, Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP