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Douglas v. Norwegian Cruise Lines et al
Case Number:
1:20-cv-21107
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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April 12, 2021
Norwegian Cruise Line Escapes Investors' Virus Fraud Suit
A Florida federal judge on Monday tossed a proposed class action alleging Norwegian Cruise Lines ran a "top-down" deceptive sales campaign downplaying the pandemic to stave off revenue losses, finding that the investors who filed suit did not show the company made material misrepresentations.
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November 25, 2020
Norwegian Cruise Rips Investors' Virus Sales Fraud Claims
Norwegian Cruise Line slammed investors' claims that it ran a "top-down" deceptive sales campaign downplaying the COVID-19 pandemic to prospective customers in order to stave off revenue losses, maintaining that it doesn't have to disclose allegedly aggressive sales practices.
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October 30, 2020
Investors Say Norwegian Cruise Liable For Virus Sales Fraud
Investors told a Florida federal judge Thursday Norwegian Cruise Line blatantly downplayed the COVID-19 pandemic to prospective customers in order to stave off revenue losses, leaving investors holding the bag when the deceptive sales campaign made headlines in March and triggered multiple government investigations.
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June 12, 2020
Robbins Geller To Lead Norwegian Cruise Investor Suit
A Florida federal judge on Friday appointed Robbins Geller Rudman & Dowd LLP as lead counsel for a consolidated proposed securities class action accusing Norwegian Cruise Line of downplaying the seriousness of the COVID-19 pandemic to prospective customers.
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May 29, 2020
COVID-19 Securities Catch-Up: The 8 Biggest Investor Actions
At least 50 federal securities cases with references to COVID-19 have been filed in the past three months, including merger challenges, regulatory enforcement actions and sprawling investor suits, according to a Law360 review of filings. As the pandemic pushes into the summer, Law360 is taking a look at eight major investor actions that were brought in connection with the novel coronavirus since March.
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May 27, 2020
Fight To Lead Norwegian Cruise Investor Suit Gets Heated
Three law firm groups fighting to lead a consolidated proposed securities class action accusing Norwegian Cruise Line of downplaying the seriousness of the COVID-19 pandemic continued to duke it out in Florida federal court Tuesday, with one urging the judge to select it and not conduct a "beauty contest" among the parties.
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May 12, 2020
9 Firms Bid To Steer Investor Suit Against Norwegian Cruise
Nine law firms are vying to lead a putative securities class action accusing Norwegian Cruise Line of downplaying the seriousness of the COVID-19 pandemic in its public filings and pitches to prospective customers.
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March 13, 2020
Norwegian Cruises Accused Of Misleading On COVID-19
An investor's proposed class action has accused Norwegian Cruise Lines of inflating the company's stock price through allegedly false or misleading statements made by the company and its employees about the coronavirus outbreak.