LOS ANGELES, CA / ACCESSWIRE / July 18, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Carnival Corporation & Plc ("Carnival" or "the Company") (NYSE:CCL) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between January 28, 2020 and May 1, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before July 27, 2020.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Carnival's medics had reported an increasing number of COVID-19 cases on its fleet of ships. The Company violated port of call regulations by concealing both the number and severity of COVID-19 infections on its ships. The Company failed to follow its own protocols on health and safety that were developed following disease outbreaks in the past. The Company was responsible for spreading COVID-19 to multiple international ports by continuing to operate. Based on these facts, the Company's public statements were false and materially misleading. When the market learned the truth about Carnival, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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SOURCE: The Schall Law Firm
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