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DeepNewz, mobile.
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Healthcare real estate investment trust Medical Properties Trust ($MPW) is under scrutiny for allegedly providing unsatisfactory responses to the SEC's inquiries. The SEC has closed its investigation and released correspondence dating back to early 2023, revealing concerns about accounting practices and disclosure transparency. Critics accuse MPW and its management of misleading investors and regulators, suggesting potential legal consequences for the company.
Microcap 💩-co with slick-talking mgmt and glossy annual reports that can no longer keep up the facade... https://t.co/L9JVQ9iOR4
Have a good weekend. $MPW's management should be wise to the feds' 'knock on the door. If everything exposed is merely 10-20% of reality, Aldag et al. have a real issue. https://t.co/olPazFioXU
It should be abundantly clear by now the myriad accounting and disclosure shell games $MPW (and Steward) have been playing to mislead investors and regulators.
