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ODDITY Tech. (TCOM) Shares Crater 49% Amid "Dislocation" Issue and Expected 30% Decline in Revenue; Securities Class Action Filed -- Hagens Berman
Prnewswire· 2026-03-18 15:02
Core Viewpoint - ODDITY Tech. Ltd. has experienced a significant decline in share price, dropping 49% due to a projected 30% year-over-year revenue decline for Q1 2026, leading to a securities class action lawsuit against the company [1][2]. Financial Performance - The company's market capitalization was reduced by over $600 million following the announcement of the expected revenue decline [2]. - ODDITY reported that Q1 2026 revenue is anticipated to decline by 30% compared to the previous year [6]. Legal Issues - A securities class action lawsuit has been filed against ODDITY, representing investors who purchased shares between February 26, 2025, and February 24, 2026 [1][3]. - The lawsuit alleges that ODDITY made false and misleading statements regarding its AI-driven online platform and failed to disclose critical information about an algorithm change by its largest advertising partner [3][4]. Operational Challenges - The algorithm change resulted in ODDITY's advertisements being diverted to lower quality auctions, significantly increasing customer acquisition costs and negatively impacting the company's financial outlook [4][5]. - Management acknowledged a "dislocation" in their account with the advertising partner, which they first noticed in the second half of 2025, but did not specify when the issue began [5][6]. Investigative Actions - Hagens Berman, the law firm handling the class action, is investigating when ODDITY first became aware of the dislocation issue and whether the company misled investors about its growth potential [7].
TCOM Investor Alert: Trip.com Group Limited Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Concealing Active Antitrust Scrutiny: Levi & Korsinsky
Prnewswire· 2026-03-18 14:05
Core Viewpoint - A class action lawsuit has been filed against Trip.com Group Limited, alleging that the company concealed active antitrust scrutiny, leading to significant losses for investors [1][2]. Group 1: Lawsuit Details - The class action seeks to recover damages for investors who purchased Trip.com securities between April 30, 2024, and January 13, 2026 [2]. - Investors have until May 11, 2026, to seek lead plaintiff status in the lawsuit [3]. Group 2: Stock Performance - Trip.com ADSs fell by $12.90 per share (17.05%) on January 14, 2026, followed by an additional decline of $1.48 per share (2.35%) the next day, after news of an antitrust probe by China's State Administration for Market Regulation (SAMR) [3][5]. - The total loss over two consecutive trading days amounted to $14.38 per ADS, bringing the share price down to $61.30 [5]. Group 3: Regulatory Concerns - The lawsuit claims that Trip.com misrepresented the risks associated with antitrust enforcement, framing them as hypothetical rather than acknowledging the ongoing regulatory scrutiny [3][4]. - The 2015 acquisition of Qunar is central to the regulatory exposure, with Trip.com's own reports indicating potential violations of the PRC Anti-Monopoly Law [4]. Group 4: Allegations of Monopolistic Practices - The SAMR has accused Trip.com of abusing its market position and engaging in monopolistic practices [5]. - Regional regulators had previously summoned Trip.com over antitrust concerns, indicating that enforcement actions were not speculative [3][4].
TCOM Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Trip.com Group Limited Securities Class Action
Globenewswire· 2026-03-17 23:26
Core Viewpoint - A class action has been filed against Trip.com Group Limited (NASDAQ: TCOM) for allegedly understating regulatory risks associated with its monopolistic business practices, leading to misleading statements about its operations and prospects [2]. Group 1: Allegations and Impact - The complaint alleges that during the class period, Trip.com failed to disclose the regulatory risks it faced due to its monopolistic activities, resulting in materially false and misleading statements about its business [2]. - On January 14, 2026, Bloomberg reported that China was investigating Trip.com for alleged antitrust conduct, which led to a significant drop in the price of Trip.com ADSs by $12.90, or 17.05%, closing at $62.78 [2]. - The following day, the stock price fell further by $1.48, or 2.35%, to close at $61.30 [2]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers to the court by May 11, 2026, although participation is not required to be eligible for recovery [3]. - Individuals can choose to remain absent class members if they do not wish to take action [3]. Group 3: Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. - The firm has been dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4].
Trip.com Group (TCOM) Shares Crater Amid Questions Over AI Price Adjustment Tool, Anti-Monopoly Regulatory Probe; Securities Class Action Pending – Hagens Berman
Globenewswire· 2026-03-17 22:40
Core Viewpoint - A securities class action lawsuit has been filed against Trip.com Group, China's largest online travel agency, following a significant decline in its stock price due to regulatory investigations [1][2]. Group 1: Lawsuit and Market Reaction - The lawsuit seeks to represent investors who purchased Trip.com securities between April 30, 2024, and January 13, 2026, after a 17% drop in share price on January 14, 2026, which resulted in a loss of over $8 billion in market capitalization [1][2][7]. - The decline was triggered by the announcement of an investigation by Chinese regulators under the Anti-Monopoly Law, raising concerns about the company's business practices [2][7]. Group 2: Allegations and Investigations - The complaint alleges that Trip.com misled investors regarding the regulatory risks associated with its monopolistic practices, particularly concerning its AI price adjustment tool [5][9]. - Reports indicated that hotel partners experienced a loss of pricing autonomy, leading to scrutiny from regulators who identified potential coercive practices by Trip.com [6][9]. Group 3: Company Developments - Following the class period, Trip.com announced the abrupt resignation of its co-founders from the board, which raised further questions about the company's governance [8]. - The company also decided to shut down its automated AI price adjustment tool, which had been criticized for forcing price reductions on hotel partners, in an effort to restore pricing autonomy [9].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Trip.com Group Limited of Class Action Lawsuit and Upcoming Deadlines – TCOM
Globenewswire· 2026-03-17 21:03
Core Viewpoint - A class action lawsuit has been filed against Trip.com Group Limited, alleging securities fraud and unlawful business practices [2][3]. Group 1: Lawsuit Details - The lawsuit is initiated by investors who purchased Trip.com securities during the Class Period and have until May 11, 2026, to apply as Lead Plaintiff [3]. - The complaint can be accessed through Pomerantz LLP's website [3]. Group 2: Regulatory Investigation - On January 14, 2026, it was reported that China is investigating Trip.com for alleged antitrust conduct, focusing on monopolistic practices [3]. - The State Administration for Market Regulation has accused Trip.com of abusing its market position and imposing unfair restrictions on merchants [3]. - Following the news of the investigation, Trip.com's American Depositary Receipt (ADR) price dropped by $12.90, or 17.05%, closing at $62.78 per ADR on the same day [3]. Group 3: Pomerantz LLP Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for class members [4].
INVESTOR ALERT: Trip.com Group Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Businesswire· 2026-03-17 20:15
INVESTOR ALERT: Trip.com Group Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces Mar 17, 2026 4:15 PM Eastern Daylight Time INVESTOR ALERT: Trip.com Group Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces Share SAN DIEGO--(BUSINESS WIRE)-- Robbins Geller Rudman & Dowd LLPannounces that purchasers or acquirers of Trip.com Group Limited (NASDAQ: TC ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Trip.com Group Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - TCOM
TMX Newsfile· 2026-03-17 19:37
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Trip.com Group Limited securities for the period between April 30, 2024, and January 13, 2026, alleging that the company made false and misleading statements regarding its regulatory risks and business operations [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Trip.com defendants understated the regulatory risks associated with their monopolistic business activities, leading to materially false and misleading statements about the company's business and prospects [5]. - Investors who purchased Trip.com securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must move the Court by May 11, 2026, to represent other class members in the litigation [3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
Deadline Approaching: Trip.com Group Limited (TCOM) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Businesswire· 2026-03-17 18:02
Core Viewpoint - Trip.com Group Limited (TCOM) is facing a class action lawsuit due to allegations of securities fraud related to antitrust investigations by Chinese regulators, which resulted in a significant drop in stock price [2][3]. Group 1: Lawsuit Details - The lawsuit is based on claims that Trip.com made materially false and misleading statements regarding its business operations and regulatory risks during the class period from April 30, 2024, to January 13, 2026 [3]. - The lawsuit alleges that Trip.com failed to disclose the regulatory risks associated with its monopolistic practices, leading to misleading positive statements about the company's prospects [3]. Group 2: Stock Price Impact - Following the news of the antitrust investigation on January 14, 2026, Trip.com's stock price fell by $12.90, or 17.05%, closing at $62.78 per share [2]. Group 3: Legal Participation - Investors who purchased Trip.com securities during the class period are encouraged to file a lead plaintiff motion by the deadline of May 11, 2026, to participate in the lawsuit [4].
Law Offices of Frank R. Cruz Encourages Trip.com Group Limited (TCOM) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-03-17 16:06
Law Offices of Frank R. Cruz Encourages Trip.com Group Limited (TCOM) Shareholders To Inquire About Securities Fraud Class Action Mar 17, 2026 12:06 PM Eastern Daylight Time Law Offices of Frank R. Cruz Encourages Trip.com Group Limited (TCOM) Shareholders To Inquire About Securities Fraud Class Action Share LOS ANGELES--(BUSINESS WIRE)-- The Law Offices of Frank R. Cruzannounces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Trip.com Group Limited ( ...
ODDITY Tech. (TCOM) Shares Crater 49% Amid “Dislocation” Issue and Expected 30% Decline in Revenue; Securities Class Action Filed – Hagens Berman
Globenewswire· 2026-03-16 23:28
Core Viewpoint - A securities class action lawsuit has been filed against ODDITY Tech. Ltd. due to a significant decline in its stock price and a projected revenue drop, alleging violations of federal securities laws [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to represent investors who purchased ODDITY securities between February 26, 2025, and February 24, 2026 [1]. - The lawsuit was prompted by a 49% decline in the price of ODDITY American Depositary Shares on February 25, 2026, which resulted in a loss of over $600 million in market capitalization [2]. - Hagens Berman, a national shareholders rights firm, is investigating claims that ODDITY made false and misleading statements regarding its business operations [2][3]. Group 2: Financial Performance and Impact - ODDITY announced an expected 30% year-over-year decline in Q1 2026 revenue, which contributed to the stock selloff [2][6]. - The company attributed the revenue decline to a dislocation with its largest advertising partner, which led to increased customer acquisition costs and negatively impacted its financial prospects [4][5]. - During an earnings call, management acknowledged observing issues in the second half of 2025 but did not specify when the problems began [6]. Group 3: Allegations and Investigations - The complaint alleges that ODDITY overstated the strength and sustainability of its digital operating model while failing to disclose critical information about an algorithm change by its advertising partner [3][4]. - Hagens Berman is investigating when ODDITY first became aware of the dislocation issue and whether it misled investors regarding its growth potential [7].