Trip.com Investors Courted to Lead U.S. Securities Suits Ahead of May 11 Deadline

The court will choose a lead plaintiff by May 11 under U.S. securities class action rules.

Overview

Several shareholder firms on Monday urged Trip.com investors to seek lead-plaintiff status before the May 11 deadline in newly filed U.S. securities cases.
The complaints say the company understated the risk of antitrust action tied to an AI hotel pricing tool that cut listed rates when rivals were higher, and the allegations are unproven.
Trip.com disclosed on January 14, 2026 that China’s State Administration for Market Regulation opened an Anti-Monopoly Law probe, and its American depositary shares fell about 17% that day.
Hagens Berman cited reports that regulators flagged the tool for pressuring hotels on promotions and visibility, which could affect how partners price rooms and appear on the platform.
After the disclosure, co-founders left the board in late February and press reports in March said the company would shut the automated pricing tool, while the litigation remains at an early stage with no class yet certified.