Trip.com Group Limited (TCOM) Investors: May 11, 2026, Filing Deadline in Securities Fraud Class Action - Contact Kessler Topaz Meltzer & Check, LLP
Globenewswire·2026-03-26 22:45

Core 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]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Eastern District of New York, under the case name De Wilde v. Trip.com Group Limited, et al, Case No. 1:26-cv-01420 (E.D.N.Y.) [2]. - Investors have until May 11, 2026, to file for lead plaintiff status [2][7]. 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]. - Specific allegations include that Trip.com understated the regulatory risks and that positive statements made by the company lacked a reasonable basis [4]. Stock Price Impact - Following a Bloomberg article on January 14, 2026, which reported that China was 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 [5]. 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 a deadline of May 11, 2026, to file for lead plaintiff status [9].

TRIP.COM-Trip.com Group Limited (TCOM) Investors: May 11, 2026, Filing Deadline in Securities Fraud Class Action - Contact Kessler Topaz Meltzer & Check, LLP - Reportify