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Trip.com Faces Federal Securities Class Action Over Alleged Antitrust Risk Omissions

Investors face a May 11 deadline to seek lead-plaintiff status in the Eastern District of New York case.

Overview

  • The lawsuit, De Wilde v. Trip.com Group Limited, No. 26-cv-01420 (E.D.N.Y.), alleges violations of Sections 10(b) and 20(a) of the Exchange Act and SEC Rule 10b-5.
  • Plaintiffs claim Trip.com made false or misleading statements by understating regulatory exposure tied to alleged monopolistic practices during the April 30, 2024 to January 13, 2026 class period.
  • Bloomberg reported on January 14, 2026 that Chinese regulators were investigating Trip.com for antitrust conduct, after which the ADSs fell about 17% in one day and roughly 19% over two sessions.
  • Multiple firms are vying to represent investors, including Robbins Geller, Rosen Law, Kessler Topaz, DJS Law Group, the Schall Law Firm, and Levi & Korsinsky.
  • No class has been certified and the allegations remain unproven, with investors free to choose counsel or remain absent class members.