On October 27, 2017, the U.K.’s Competition and Markets Authority (“CMA”) revealed that it was investigating the manner in which Trivago displays information to customers. Specifically, the CMA cited concerns about “pressure selling,” the way in which discounts are applied, and how hotels are ranked in search results on the Company’s website. Following this news, Trivago’s American Depositary Receipt price has dropped as much as $0.48 per share, or 6.05%, during intraday trading on October 27, 2017.
If you are aware of any facts relating to this investigation, or purchased Trivago shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/trvg. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
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SOURCE Bronstein, Gewirtz & Grossman, LLC
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