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Carnival Offers Payment to Passengers of Costa Concordia (CCL)

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By Paul Ausick Published
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Cruise line operator Carnival Corp. (NYSE: CCL) has offered a payment of $14,460 to uninjured passengers of the wrecked Costa Concordia cruise ship. The number of passengers receiving the offer is around 3,200.

The offer has not been extended the ship’s crew or about 100 passengers or their families who were either injured or killed when the ship ran aground.

Uninjured passengers may choose to ignore the offer and pursue separate legal action.

Carnival shares are up about 0.80% at $30.72 this morning.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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