On May 27, 2021, the United States District Court for the Southern District of Florida dismissed a securities class action against Carnival Corp. (“Carnival”), which operates the world’s largest cruise company, relating to...more
On April 10, 2021, the United States District Court for the Southern District of Florida dismissed a securities class action complaint against Norwegian Cruise Lines (“NCL”) relating to the company’s disclosures made as the...more
5/4/2021
/ Class Action ,
Form 10-K ,
Material Misstatements ,
Pleading Standards ,
PSLRA ,
Puffery ,
Rule 10(b) ,
Rule 10b-5 ,
Safe Harbors ,
Scienter ,
Securities Exchange Act ,
Securities Fraud ,
Securities Litigation
COVID-related securities claims continue to rattle the marketplace. On December 7, a leading plaintiffs firm announced an investigation on behalf of shareholders of The Cheesecake Factory Inc., just days after the SEC...more