SAN DIEGO, Dec. 14, 2017 /PRNewswire-/ -- Shareholder
rights law firm Johnson Fistel, LLP reminds investors that a class
action complaint has been filed on behalf of all purchasers of
Trivago N.V. ("Trivago") (NASDAQ: TRVG) pursuant or traceable to
the Registration Statement and Prospectus issued in connection with
its initial public offering on December 16,
2016 (the "Offering"); or on the open market from
December 16, 2016 through
October 26, 2017, inclusive (the
"Class Period"). If you wish to serve as lead plaintiff, you must
move the Court no later than December 29,
2017. The lawsuit seeks to recover damages for Trivago
investors under the federal securities laws. Your right to share in
any recovery doesn't require that you serve as a lead
plaintiff.
The complaint alleges that defendants during the Class Period
made materially false and misleading statements and failed to
disclose that: (1) Trivago engaged in deceptive sales practices;
(2) such practices were almost certain to bring Trivago under
enhanced regulatory scrutiny; and (3) as a result of the foregoing,
Trivago's public statements were materially false and misleading at
all relevant times. When the factual details entered the market,
the lawsuit claims that investors suffered damages.
On October 27, 2017, the U.K.'s
Competition and Markets Authority ("CMA") revealed that it was
investigating the way in which Trivago displays information to
customers. Specifically, the CMA said it was concerned about the
"clarity, accuracy and presentation of information" and further
stated it would be looking at what it calls "pressure selling".
If you wish to discuss this action, have any questions
concerning this notice, or your rights or interests, please contact
please contact Jim Baker
(jimb@johnsonfistel.com) by email or phone at
619-814-4471. If emailing, please include a phone number.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP