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TRIP.COM ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Trip.com Group Limited and Encourages Investors to Contact the Firm
Globenewswire· 2026-03-12 20:10
Core Viewpoint - A class action lawsuit has been filed against Trip.com Group Limited for allegedly misleading investors regarding regulatory risks associated with its business practices, particularly in relation to anti-monopoly laws in China [2][8]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased Trip.com securities between April 30, 2024, and January 13, 2026, with a deadline of May 11, 2026, for investors to apply as lead plaintiffs [2]. - The complaint alleges that Trip.com failed to disclose significant regulatory risks, leading to materially false and misleading statements about its business and operations [8]. Group 2: Impact of Allegations - Following the announcement of an investigation by the State Administration for Market Regulations of China, Trip.com's American Depositary Receipt (ADR) price dropped by $12.90, or 17.05%, closing at $62.78 on January 14, 2026 [8]. Group 3: Legal Representation - Bragar Eagel & Squire, P.C. is representing the investors in this class action lawsuit, encouraging those affected to reach out for more information [4][5].