Trip.com Class Action Lawsuit: 8 FAQs Answered Authoritatively

Introduction to the Trip.com Class Action Lawsuit

• The Trip.com class action lawsuit seeks to represent purchasers or acquirers of Trip.com Group Limited (NASDAQ: TCOM) publicly traded securities between April 30, 2024 and January 13, 2026, inclusive (the “Class Period”).

• Captioned De Wilde v. Trip.com Group Limited, No. 26-cv-01420 (E.D.N.Y.), the Trip.com class action lawsuit charges Trip.com and certain of Trip.com’s top executive officers with violations of the Securities Exchange Act of 1934.

• If you suffered substantial losses and wish to serve as lead plaintiff of the Trip.com class action lawsuit or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].

• Lead plaintiff motions for the Trip.com class action lawsuit must be filed with the court no later than May 11, 2026.

Read on for answers to the eight most frequently asked questions from investors.

1. What Do I Need to Know about the Trip.com Class Action Lawsuit?

• Who is Affected by the Trip.com class action lawsuit? All purchasers purchasers or acquirers of Trip.com Group Limited (NASDAQ: TCOM) publicly traded securities between April 30, 2024 and January 13, 2026, inclusive (the “Class Period”).

• The Problem: The Trip.com class action lawsuitalleges the defendant made false and misleading statements driving the stock price artificially up until the truth emerged and the stock plummeted and shareholders who purchased during the relevant time period and suffered a loss are entitle to damages

• Your Action: You may be eligible to recover your losses in a Trip.com class action lawsuit.

• Deadline to Lead: The deadline to apply to be Lead Plaintiff in the is Trip.com class action lawsuit is May 11, 2026.

2. How Does the Trip.com Class Action Lawsuit Work?

• A lawsuit is initiated by one or more investors, called the “lead plaintiffs,” on behalf of a larger group of investors, or the “class”.

• The “class period” is defined as the specific timeframe during which the alleged fraudulent activity took place. Only those who bought or sold the security during this period are eligible to participate.

• A lead plaintiff is appointed to represent the class. Under the Private Securities Litigation Reform Act (PSLRA), the court will typically appoint the investor with the largest financial interest in the outcome of the case.

• The case is litigated, which may include a lengthy discovery phase for gathering evidence.

• The case can be settled or go to trial. Most class actions are resolved through settlements, which can include cash or stock paid into a common fund for the class. The lead plaintiff and class counsel approve any settlement before it is finalized.

3. What Do Plaintiffs Have to Prove in the Trip.com Class Action Lawsuit?

To succeed in a federal securities fraud class action, plaintiffs must prove several elements:

• Material misstatement or omission: The company made a false or misleading statement, or failed to disclose a material fact.

• Scienter: The defendant acted with an intent to deceive, manipulate, or defraud.

• Reliance: The plaintiff relied on the misstatement or omission when buying or selling the security. For publicly traded securities, this can be proven through the “fraud-on-the-market” theory, which presumes the market price reflects all public, material information.

• Economic loss: The plaintiff suffered a financial loss.

• Loss causation: The company’s misstatement or omission directly caused the plaintiff’s loss, often demonstrated by a stock price drop after the truth is revealed in a “corrective disclosure“

4. What Are the Allegations in the Trip.com Class Action Lawsuit?

Trip.com, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, in-destination, corporate travel management, and other travel-related services.

• The Trip.com class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that defendants recklessly understated the regulatory risk facing Trip.com as a result of its monopolistic business activities.
• The Trip.com class action lawsuit further alleges that on January 14, 2026, Bloomberg published an article titled “China Starts Antitrust Probe of Trip.com Ahead of Travel Peak,” which stated that “China is investigating Trip.com . . . over alleged antitrust conduct, taking aim at the country’s dominant online travel platform.”
• The article further allegedly revealed that “[i]n September, the market regulator in Zhengzhou summoned Trip.com for violations of rules against setting ‘unfair restrictions’ on merchants’ transactions and prices.”
• On this news, the price of Trip.com American Depositary Shares fell approximately 19% over two trading sessions.

5. What Rights do Investors Have in the Trip.com class action lawsuit?

Investors affected by the Trip.com class action lawsuit possess specific rights that they can exercise. Understanding these rights is vital for anyone considering involvement in the Trip.com class action lawsuit.

Right to Information

• Investors have the right to receive accurate and timely updates regarding the Trip.com class action lawsuit.

• This includes information on the case’s progress, potential settlements, and any necessary actions they may need to undertake.  

Right to Participate

• Affected investors have the right to join the Trip.com class action lawsuit.

• This allows them to collaborate with other investors in seeking compensation for their losses without the burden of filing individual lawsuits.

Right to Legal Representation

• Investors can seek legal counsel to navigate the complexities of the Trip.com class action lawsuit.

• Legal professionals can provide guidance and support throughout the process.

• If you suffered substantial losses and wish to serve as lead plaintiff of the Trip.com class action lawsuit or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].

6. What Damages Am I Entitled To in the Trip.com class action lawsuit?

7. What Are the the Benefits of Serving as the Lead Plaintiff in the Trip.com Class Action Lawsuit?

Serving as a Lead Plaintiff has several advantages and important benefits.

• First, a Lead Plaintiff is able to negotiate more competitive attorney fees and reduce other litigation costs by actively monitoring the class counsel.

• Second, Lead Plaintiff has the benefit of being able to manage the litigation primarily by overseeing and monitoring the progress of the action and the efforts of counsel, and being able to review and comment on important filings and other documents pertaining to the prosecution of the action.

• Third, there is no financial risk in serving as a Lead Plaintiff because Lead Counsel advances all costs and expenses incurred in the prosecution of the case and will be reimbursed only if there is a successful settlement or judgment recovery on behalf of the class.

• Fourth, Lead Plaintiff has the benefit involved and active in all negotiations relating to any settlement.

• Finally, Lead Plaintiffs that continue owning the stock of the defendant will enjoy the long-term benefits from governance reform resulting from the litigation. Successful lawsuits with large punishments might have a stronger disciplining effect on a defendant’s management and raise awareness of the importance of corporate governance.

8. When Is the Lead Plaintiff Deadline in the Trip.com Class Action Lawsuit?

Under the Private Securities Litigation Reform Act (PSLRA), the plaintiff who files the first complaint has 20 days to publish the required notice of the pendency of the action.

• Notice Publication: Not later than 20 days after the complaint is filed, the plaintiff in the Trip.com class action lawsuit  must publish a notice advising other sharehoders of the pendency of the action.

• Lead Plaintiff Motion Deadline: Not later than 60 days after the date the notice is published.

• Court Consideration: The court must consider motions to consolidate and appoint a lead plaintiff no later than 90 days after the notice is published.