CCL; CUK Investor Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Carnival Corporation & Plc and Encourages Investors to Contact the Firm

NEW YORK, NY / ACCESSWIRE / May 8, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Carnival Corporation & Plc ("Carnival" or "the Company") (NYSE:CCL) (NYSE:CUK). Investors who purchased Carnival securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ccl.

The investigation concerns whether Carnival and certain of its officers and/or directors have violated federal securities laws.

On May 1, 2020, Bloomberg published an article entitled "House Panel Opens Carnival Probe Over Cruise Ship Outbreaks." The article reported, in part, that "[t]he U.S. House Committee on Transportation and Infrastructure . . . opened an inquiry into Carnival Corp.'s handling of the Covid-19 outbreaks that have resulted in more than 1,500 confirmed cases of the novel coronavirus aboard its cruise ships, as well as dozens of passenger and crew deaths." The Bloomberg article quoted a letter to the Company from the House committee chair, Peter Fazio (D. Or.), which reportedly stated, in part, that "'We would hope that the reality of the Covid-19 pandemic will place a renewed emphasis on public health and passenger safety, but frankly that has not been seen up to this point. . . . It seems as though Carnival Corporation and its portfolio of nine cruise lines, which represents 109 cruise ships, is still trying to sell this cruise line fantasy and ignoring the public health threat.'" Following publication of the Bloomberg article, Carnival's stock price fell sharply, damaging investors.

If you are aware of any facts relating to this investigation, or purchased Carnival shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/ccl. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz and Grossman, LLC

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