Globenewswire·2026-03-21 15:28Core Viewpoint - A securities fraud class action lawsuit has been filed against Trip.com Group Limited (NASDAQ: TCOM) for allegedly making materially false and misleading statements regarding its business operations and regulatory risks during the class period from April 30, 2024, to January 13, 2026 [2][4][7]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Eastern District of New York, under the case caption De Wilde v. Trip.com Group Limited, et al, Case No. 1:26-cv-01420 (E.D.N.Y.) [2][4]. - Investors have until May 11, 2026, to file for lead plaintiff status [2][7]. Group 2: Allegations - The complaint alleges that Trip.com failed to disclose significant regulatory risks associated with its monopolistic business practices, which misled investors about the company's true operational status [4]. - The lawsuit claims that positive statements made by the defendants regarding the company's business and prospects lacked a reasonable basis [4]. Group 3: Stock Price Impact - Following a Bloomberg article on January 14, 2026, which reported that China is investigating Trip.com for alleged antitrust conduct, the company's stock price dropped by $12.90 per share, approximately 17.05%, closing at $62.78 per share [5]. Group 4: Investor Actions - Investors who purchased Trip.com securities and incurred losses are encouraged to contact Kessler Topaz Meltzer & Check, LLP for potential recovery options at no cost [3][7]. - The lead plaintiff process allows investors to seek representation in the lawsuit, with the deadline for filing set for May 11, 2026 [9].