The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Trip.com Group Limited (“Trip.com” or the “Company”) (NASDAQ: TCOM) securities between April 30, 2024 and January 13, 2026, inclusive (the “Class Period”). Trip.com investors have until May 11, 2026 to file a lead plaintiff motion.

What Happened?

On January 14, 2026, Bloomberg published an article revealing that  “China is investigating [Trip.com] over alleged antitrust conduct,” and the “State Administration for Market Regulation accused [Trip.com] of abusing its market position and engaging in monopolistic practices.”

The article further revealed that, in September 2025, the market regulator had “summoned Trip.com for violations of rules against setting ‘unfair restrictions’ on merchants’ transactions and prices.”

On this news, Trip.com’s stock price fell $12.90, or 17.05%, to close at $62.78 per share on January 14, 2026, thereby injuring investors.

What Is The Lawsuit About?

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Defendants recklessly understated the regulatory risk facing Trip.com as a result of its monopolistic business activities; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.