Globenewswire·2026-03-19 02:15Core 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 and failure to disclose regulatory risks related to its monopolistic practices [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled De Wilde v. Trip.com Group Limited and covers purchasers of Trip.com securities from April 30, 2024, to January 13, 2026 [1]. - Investors have until May 11, 2026, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Trip.com executives made false statements and failed to disclose significant regulatory risks [4]. 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 [5]. - The investigation is focused on Trip.com's practices of imposing unfair restrictions on merchants, as indicated by a market regulator's actions in September [5]. Group 3: Legal 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 [6]. - The lead plaintiff represents the interests of all class members and can choose a law firm for litigation [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [7]. - The firm has a strong track record, recovering $8.4 billion for investors in the past five years, including the largest securities class action recovery in history [7].