NEW YORK, NY / ACCESSWIRE / July 14, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Colony Capital, Inc. (NYSE:CLNY)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/colony-capital-inc-loss-submission-form?prid=7948&wire=1
Lead Plaintiff Deadline: July 27, 2020
Class Period: August 9, 2019 - May 7, 2020

Allegations against CLNY include that: (i) Colony's sale of its industrial real estate portfolio and the bifurcation of Colony Credit Real Estate's portfolio were foreseeably likely to negatively impact Colony's financial and operating results; (ii) certain of Colony's remaining portfolio companies carried unsustainable levels of debt secured by hotels and healthcare-related properties and were thus at a significant risk of default; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Carnival Corporation & Plc (NYSE:CCL)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/carnival-corporation-loss-submission-form?prid=7948&wire=1
Lead Plaintiff Deadline: July 27, 2020
Class Period: September 26, 2019 - May 1, 2020

Allegations against CCL include that: (1) the Company's medics were reporting increasing events of COVID-19 illness on the Company's ships; (2) Carnival was violating port of call regulations by concealing the amount and severity of COVID-19 infections onboard its ships; (3) in responding to the outbreak of COVID-19, Carnival failed to follow the Company's own health and safety protocols developed in the wake of other communicable disease outbreaks; (4) by continuing to operate, Carnival ships were responsible for continuing to spread COVID-19 at various ports throughout the world; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Wells Fargo & Company (NYSE:WFC)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/wells-fargo-company-loss-submission-form?prid=7948&wire=1
Lead Plaintiff Deadline: August 3, 2020
Class Period: April 5, 2020 - May 5, 2020

Allegations against WFC include that: (i) Wells Fargo planned to, and did, improperly allocate government-backed loans under the Paycheck Protection Program ("PPP"), and/or had inadequate controls in place to prevent such misallocation; (ii) the foregoing foreseeably increased the Company's litigation risk with respect to PPP allocation, as well as increased regulatory scrutiny and/or potential enforcement actions; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

To learn more, contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong