Recent Securities Litigations

Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH)

Company Name:Norwegian Cruise Line Holdings Ltd.
Stock Symbol:NASDAQ: NCLH
Class Period Start:02/20/2020
Class Period End (inclusive):03/10/2020

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.