Businesswire·2026-03-14 01:12Core Viewpoint - The Trip.com Group Limited is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding regulatory risks associated with its monopolistic practices [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled De Wilde v. Trip.com Group Limited, and it covers purchasers of Trip.com securities from April 30, 2024, to January 13, 2026, with a deadline of May 11, 2026, for seeking lead plaintiff status [1]. - The lawsuit alleges that Trip.com and its executives failed to disclose significant regulatory risks, particularly related to antitrust issues [3]. Group 2: Allegations and Impact - On January 14, 2026, Bloomberg reported that China is investigating Trip.com for alleged antitrust conduct, which led to a 19% drop in the price of Trip.com American Depositary Shares over two trading sessions [4]. - The investigation is focused on Trip.com's practices of imposing unfair restrictions on merchants, as indicated by actions taken by the market regulator in Zhengzhou [4]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Trip.com securities during the class period to seek lead plaintiff status, which involves representing the interests of all class members [5]. - The lead plaintiff has the authority to select a law firm for the lawsuit, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [6]. - The firm has a strong track record, recovering a total of $8.4 billion for investors over the past five years, making it one of the largest plaintiffs' firms globally [6].