Prnewswire·2026-03-18 14:05Core 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].