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

NEW YORK, NY / ACCESSWIRE / June 7, 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=40515&wire=1
VIRT Shareholders Click Here: https://zlk.com/pslra-1/virtu-lawsuit-submission-form?prid=40515&wire=1
FNKO Shareholders Click Here: https://zlk.com/pslra-1/funko-lawsuit-submission-form?prid=40515&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=40515&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.

Virtu Financial, Inc. (NASDAQ:VIRT)

VIRT Lawsuit on behalf of: investors who purchased March 1, 2019 - April 28, 2023
Lead Plaintiff Deadline: July 18, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/virtu-lawsuit-submission-form?prid=40515&wire=1

According to the filed complaint, during the class period, Virtu Financial, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company's operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the Company; (iii) the foregoing deficiencies increased the likelihood that the Company would be subject to enhanced regulatory scrutiny; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

Funko, Inc. (NASDAQ:FNKO)

FNKO Lawsuit on behalf of: investors who purchased May 6, 2022 - March 1, 2023
Lead Plaintiff Deadline: August 1, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/funko-lawsuit-submission-form?prid=40515&wire=1

According to the filed complaint, during the class period, Funko, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Funko was experiencing significantly larger delays in implementing its enterprise resource planning ("ERP") software than it was disclosing to investors; (ii) having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (iii) Funko's inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko's earnings before interest, taxes, depreciation, and amortization ("EBITDA") margin.

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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