LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Norwegian Cruise Line Holdings Ltd. (“Norwegian” or “the Company”) (NYSE: NCLH) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Norwegian is the subject of an article published by the Miami New Times on March 9, 2020, titled “Leaked Emails: Norwegian Pressures Sales Team to Lie About Coronavirus.” According to the Times, the leaked emails show Norwegian managers pressuring sales employees to lie to customers about the threat of the coronavirus (COVID-2019) to protect the Company against cancellations. One of the emails reportedly advises sales staff to tell customers, “Coronavirus can only survive in cold temperatures, so the Caribbean is a fantastic choice for your next cruise.” Based on this news, shares of Norwegian traded down sharply during intraday trading on March 11, 2020.
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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.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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