Norwegian Cruise Lines Hit With Stock-Drop Suit Over COVID-19 Financial Outlook

Mealey's (March 16, 2020, 4:25 PM EDT) -- MIAMI — A Norwegian Cruise Lines shareholder sued the company and two of its executive officers in Florida federal court on March 12, alleging that the defendants violated federal securities laws by concealing sales tactics conducted by the global cruise line in an effort to entice customers to purchase cruises during the COVID-19 coronavirus outbreak (Eric Douglas v. Norwegian Cruise Lines, et al., No. 20-21107, S.D. Fla.)....