LAWSUITS FILED AGAINST MPW, TSE and ADDYY - Jakubowitz Law

NEW YORK, NY / ACCESSWIRE / June 5, 2023 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Medical Properties Trust, Inc. (NYSE: MPW)

CONTACT JAKUBOWITZ ABOUT MPW:
https://claimyourloss.com/securities/medical-properties-trust-class-action-loss-submission-form/?id=40307&from=1

Class Period : July 15, 2019 - February 22, 2023

Lead Plaintiff Deadline : June 12, 2023

The filed complaint alleges that defendants 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)

CONTACT JAKUBOWITZ ABOUT TSE:
https://claimyourloss.com/securities/trinseo-plc-class-action-loss-submission-form/?id=40307&from=1

Class Period : May 3, 2021 - March 27, 2023

Lead Plaintiff Deadline : June 20, 2023

The filed complaint alleges that defendants 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.

adidas AG (OTCMKT: ADDYY)

CONTACT JAKUBOWITZ ABOUT ADDYY:
https://claimyourloss.com/securities/adidas-class-action-loss-submission-form/?id=40307&from=1

Class Period : May 3, 2018 - February 21, 2023

Lead Plaintiff Deadline : June 27, 2023

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) In addition to other misconduct, Kanye West made anti-Semitic comments in front of adidas staff, and even suggested naming an album after Adolf Hitler; (2) adidas was aware of his behavior, and failed to warn investors that it was aware of that behavior, and had considered ending the Partnership as a result of it; (3) adidas failed to take meaningful precautionary measures to limit negative financial exposure if the Partnership were to end as a result of West's behavior; (4) adidas overstated the risk mitigation measures it took with regard to Yeezy shoes in the event that it terminated the Partnership; (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

SOURCE: Jakubowitz Law