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Investigation announced for Long-Term Investors in shares of Carnival Corporation & Plc (NYSE: CCL)

09-01-2020 07:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Carnival Corporation & Plc (NYSE: CCL) shares.

An investigation on behalf of current long term investors in Carnival Corporation & Plc (NYSE: CCL) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Carnival Corporation & Plc.

Investors who are current long term investors in Carnival Corporation & Plc (NYSE: CCL) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: CCL stocks follows a lawsuit filed against Carnival Corporation & Plc over alleged securities laws violations. The investigation on behalf of current long term investors in (NYSE: CCL stocks, concerns whether certain Carnival Corporation & Plc directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of Florida the plaintiff alleges that the Defendants failed to disclose to investors that the Company’s medics reported increasing events of COVID-19 illness on the Company’s ships, that Carnival had violated port of call regulations by concealing the amount and severity of COVID-19 infections onboard its ships, that in responding to the outbreak of COVID-19, Carnival failed to follow the Company’s health and safety protocols developed in the wake of other communicable disease outbreaks, that by continuing to operate, Carnival ships were responsible for continuing to spread COVID-19 at various ports throughout the world, and that as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Carnival Corporation & Plc (NYSE: CCL) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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