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ROYAL CARIBBEAN INVESTOR ALERT: Shareholder Lawsuit Filed

·2 min read

BOSTON, MA / ACCESSWIRE / October 28, 2020 / The Thornton Law Firm announces that a class action lawsuit has been filed on behalf of investors of Royal Caribbean Cruises Ltd. (NYSE:RCL). Investors who purchased RCL stock or other securities between February 4, 2020 and March 17, 2020 may contact the Thornton Law Firm to obtain a copy of the complaint or to discuss the lead plaintiff process. Interested investors are encouraged to visit: www.tenlaw.com/cases/RoyalCaribbean. Investors may email investors@tenlaw.com or call 617-531-3917. Interested Royal Caribbean investors have until December 7, 2020 to apply to be a lead plaintiff.

FOR MORE INFORMATION: www.tenlaw.com/cases/RoyalCaribbean

The case alleges that Royal Caribbean and its executives made misleading statements to investors and failed to disclose that the Company was experiencing a decrease in customer bookings outside China and that it had inadequate policies and procedures to prevent the spread of COVID-19 on its ships. The Complaint states that the scope of the impact COVID-19 had on the Royal Caribbean's overall bookings and the inability of Royal Caribbean to prevent the virus' spread on its ships was revealed through a series of corrective disclosures, leading the price of Royal Caribbean stock to decline significantly.

FOR MORE INFORMATION, VISIT: www.tenlaw.com/cases/RoyalCaribbean

The lawsuit alleges violations of the federal securities laws. The Private Securities Litigation Reform Act of 1995 allows any investor who purchased the securities at issue in the case during the Class Period to seek appointment as a lead plaintiff in the lawsuit. A lead plaintiff acts on behalf of all other investor class members in managing the class action and can select a law firm of their choice to litigate the lawsuit. Serving as a lead plaintiff does not impact an investor's share in any potential recovery. Investors do not need to be a lead plaintiff to be a member of the class. If investors choose to take no action, they can remain an absent class member. Interested Royal Caribbean investors have until December 7, 2020 to apply to be a lead plaintiff. The class has not yet been certified. Until certification occurs, investors are not represented by an attorney.

Thornton Law Firm's securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

CONTACT:
Thornton Law Firm LLP
1 Lincoln Street
State Street Financial Center
Boston, MA 02111
www.tenlaw.com/cases/RoyalCaribbean

SOURCE: Thornton Law Firm LLP



View source version on accesswire.com:
https://www.accesswire.com/612838/ROYAL-CARIBBEAN-INVESTOR-ALERT-Shareholder-Lawsuit-Filed