New York, New York--(Newsfile Corp. - October 21, 2020) - Rosen Law Firm, a
global investor rights law firm, reminds purchasers of the securities of Royal
Caribbean Cruises Ltd. (NYSE: RCL) between February 4, 2020 and March 17,
2020, inclusive (the "Class Period") of the important December 7, 2020 lead
plaintiff deadline in the case. The lawsuit seeks to recover damages for Royal
Caribbean investors under the federal securities laws.
To join the Royal Caribbean class action, go to
http://www.rosenlegal.com/cases-register-1966.html or call Phillip Kim, Esq.
toll-free at 866-767-3653 or email [email protected] or [email protected]
for information on the class action.
According to the lawsuit, defendants throughout the Class Period made
materially false and/or misleading statements and/or failed to disclose
material adverse facts about the Company. Regarding global bookings, Royal
Caribbean made statements that: (1) misled investors to believe that any issue
related to COVID-19 was relatively insignificant; (2) falsely assured
investors that bookings outside China were strong with no signs of a slowdown;
and (3) failed to disclose that the Company was experiencing material declines
in bookings globally due to customer concerns over COVID-19. Additionally,
regarding safety procedures, the Company made statements that: (1) falsely
assured investors that it implemented rigorous safety protocols; (2) such
protocols were expected to ultimately contain the spread of COVID-19; and (3)
failed to disclose that its ships were following grossly inadequate protocols
that would foster the spread of COVID-19 and pose a substantial risk to
passengers and crews. When the true details entered the market, the lawsuit
claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead
plaintiff, you must move the Court no later than December 7, 2020. A lead
plaintiff is a representative party acting on behalf of other class members in
directing the litigation. If you wish to join the litigation, go to
http://www.rosenlegal.com/cases-register-1966.html or to discuss your rights
or interests regarding this class action, please contact Phillip Kim, Esq. of
Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected]
or [email protected]
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND
DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL
FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
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Rosen Law Firm represents investors throughout the globe, concentrating its
practice in securities class actions and shareholder derivative litigation.
Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for
number of securities class action settlements in 2017. The firm has been
ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the
largest ever securities class action settlement against a Chinese Company.
Rosen Law Firm's attorneys are ranked and recognized by numerous independent
and respected sources. Rosen Law Firm has secured hundreds of millions of
dollars for investors. Attorney Advertising. Prior results do not guarantee a
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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