On or around 09/15/2020 (Date of last review)
Filing Date: March 12, 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.
On April 10 and May 12, 2020, the Court issued Orders consolidating cases. On June 12, the Court appointed Lead Plaintiff and Counsel. Lead Plaintiff filed a consolidated amended Complaint on July 31.
Company & Securities Information
Defendant: Norwegian Cruise Lines
Industry: Recreational Activities
Headquarters: United States
Ticker Symbol: NCLH
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Eric Douglas, et al. v. Norwegian Cruise Lines, et al.