INVESTOR ALERT: Kaplan Fox Announces Investigation Of Trivago N.V.

NEW YORK, Nov. 7, 2017 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Trivago N.V. ("Trivago" or the "Company") TRVG. 

On or about December 16, 2016, the Company sold 26,110,118 American Depositary Shares (ADSs) at a price of $11 per ADS in its initial public offering ("IPO") for gross proceeds of over $287 million.

On October 27, 2017, the U.K's Competition and Markets Authority (the "CMA") announced that it was investigating the manner in which Trivago displays information to customers.  Reportedly, the CMA investigation was prompted by concerns about clarity, accuracy, and presentation of information on sites, which could mislead customers and potentially break consumer law.  The CMA said it would examine how hotels are ranked in search results and to what extent results are influenced by the commission a hotel pays the site, the use of "pressure selling," and hidden charges.

Following the news of the CMA investigation, Trivago's ADSs fell $0.36 per ADS, or 4.54%, to close at $7.57 per ADS on October 27, 2017.

A class action complaint has been filed against Trivago and certain executives alleging violations of the Securities and Exchange Act of 1934 and the Securities Act of 1933 on behalf of investors who purchased or otherwise acquired Trivago's ADSs from December 16, 2016 through October 26, 2017 (the "Class Period"), including investors in Trivago's IPO.  The complaint alleges that throughout the Class Period, Trivago and the other defendants made materially false and/or misleading statements and/or failed to disclose that (1) the Company engaged in deceptive sales practices; (2) such practices were nearly 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. 

If you are a member of the proposed Class, you may move the court no later than December 29, 2017 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, the action, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: dhall@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com

View original content:http://www.prnewswire.com/news-releases/investor-alert-kaplan-fox-announces-investigation-of-trivago-nv-300551301.html

SOURCE Kaplan Fox & Kilsheimer LLP