Carnival Corp. COVID-19 Securities Fraud Actions Consolidated in N.Y. Federal Court
November 3, 2020
NEW YORK — A New York federal judge has consolidated securities actions accusing Carnival Corp. of misrepresenting the measures it took to guard passengers against the COVID-19 pandemic and appointed the law firms of Bernstein Litowitz Berger & Grossmann LLP and Kessler Topaz Meltzer & Check LLP to represent a proposed class of investors.
In an Oct. 30 order, Judge K. Michael Moore of the U.S. District Court for the Southern District of New York named two institutional investors who claim they lost $5.7 million as a result of Carnival’s alleged securities fraud as co-lead plaintiffs.
Between Feb. 5 and …