Norwegian Cruise Line Holdings, Ltd.
The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Florida on behalf of those who acquired Norwegian Cruise Line Holdings Ltd. (“Norwegian” or the “Company”) (NYSE: NCLH) securities during the period from February 20, 2020 through March 12, 2020. Investors have until May 11, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The lawsuit alleges that the Company failed to disclose that 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.
On March 11, 2020, Miami New Times reported that leaked emails from a Norwegian employee showed that the Company directed its sales staff to lie to customers regarding COVID-19 including that the virus had created high demand that would increase prices if reservations were not booked immediately and that “Coronavirus can only survive in cold temperatures.” On this news, the Company’s shares fell $5.47, or 26.7%, to close at $15.03 per share on March 11, 2020.
On March 12, 2020, the Washington Post published an article revealing even more about Norwegian’s sales tactics from leaked internal memoranda. On this news, the Company’s shares fell $5.38, or 35.8%, to close at $9.65 per share on March 12, 2020.
If you acquired Norwegian securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at email@example.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.