Norwegian Cruise Lines Securities Litigation

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Lawsuit Overview

Defendant:Norwegian Cruise Line Holdings Ltd.
Date Filed:March 12th, 2020
Sector:Consumer Services
Industry:Marine Transportation
Class Start Date:February 20th, 2020
Class End Date:March 12th, 2020

According to the Complaint, Norwegian Cruise Lines is a global cruise company which operates the Norwegian Cruise Line, Oceania Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands.

The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Norwegian was employing sales tactics of providing customers with unproven and/or blatantly false statements about COVID-19 to entice customers to purchase cruises, thus endangering the lives of both their customers and crew members; and (2) as a result, Defendants' statements regarding Norwegian's business and operations were materially false and misleading and/or lacked a reasonable basis at all relevant times.

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First Identified Complaint

Eric Douglas, et al. v. Norwegian Cruise Lines, et al.

Date Filed:March 12th, 2020
Class Period Start:February 20th, 2020
Class Period End:March 12th, 2020
First Identified Complaint Filings
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