Trip.com Faces U.S. Securities Class Action Over Antitrust-Risk Disclosures
Investor lawyers are vying to lead the case before a May 11 deadline.
Overview
- Investor law firms renewed outreach Monday to recruit Trip.com buyers to seek lead-plaintiff status by May 11.
- The filed lawsuit claims the company downplayed the risk of regulatory action tied to alleged monopolistic pricing practices.
- The putative class covers investors who bought Trip.com securities from April 30, 2024 through January 13, 2026.
- Trip.com's U.S.-listed shares fell about 17% after it disclosed a Chinese antitrust investigation.
- The court will select a lead plaintiff who will direct the case and decide litigation strategy for the proposed class.