Investigation Overview
An investigation on behalf of investors of Carnival Corporation & Plc (NYSE: CCL) shares over potential securities laws violations by Carnival Corporation & Plc and certain of its directors and officers in connection with certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Carnival Corporation & Plc (NYSE: CCL) concerning whether a series of statements by Carnival Corporation & Plc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Miami, FL based Carnival Corporation & plc operates as a leisure travel company. Carnival Corporation & Plc reported that its Total Revenue rose from $17.51 billion for the 12 months period that ended on November 30, 2017 to over $18.88 billion for the 12 months period that ended on November 30, 2018 and that its Net Income over those respective time periods increased from over $2.6 billion to $3.15 billion.