SHAREHOLDER ALERT: MPW BYND CRL: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

PRESS RELEASE
Published May 24, 2023

NEW YORK, NY / ACCESSWIRE / May 24, 2023 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Medical Properties Trust, Inc. (NYSE:MPW)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/medical-properties-trust-class-action-submission-form?prid=39892&wire=1
Lead Plaintiff Deadline: June 12, 2023
Class Period: July 15, 2019 - February 22, 2023

Allegations against MPW include 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.

Beyond Meat, Inc. (NASDAQ:BYND)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/beyond-meat-class-action-submission-form?prid=39892&wire=1
Lead Plaintiff Deadline: July 10, 2023
Class Period: May 5, 2020 - October 13, 2022

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.

Charles River Laboratories International, Inc. (NYSE:CRL)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/charles-river-class-action-submission-form?prid=39892&wire=1
Lead Plaintiff Deadline: July 18, 2023
Class Period: May 5, 2020 - February 21, 2023

Allegations against CRL include that: (1) Charles River had engaged in illegal activity with respect to its importation of non-human primates for research; (2) as a result, Charles River was at a heightened risk of criminal and regulatory investigation by, inter alia, the U.S. Department of Justice; (3) as a result, Charles River would be forced to suspend shipments of primates from Cambodia; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The Law Offices of Vincent Wong, Wednesday, May 24, 2023, Press release picture

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong



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