BENSALEM, Pa.--(BUSINESS WIRE)--

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that purchased Trivago N.V.(“Trivago” or the “Company”) (NASDAQ: TRVG) pursuant to and/or traceable to the Registration Statement and Prospectus issued in connection with its initial public offering on or about December 16, 2016 (the “Offering”); and/or on the open market from December 16, 2016 through October 26, 2017, inclusive (the “Class Period”). Trivago investors have until December 29, 2017 to file a lead plaintiff motion.

Investors suffering losses on their Trivago investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected].

On December 16, 2016, the Company completed its initial public offering ("IPO"), issuing 26,110,118 American Depositary Receipts ("ADRs") at $11.00 per ADR. Then, on October 27, 2017, the United Kingdom's Competition and Markets Authority ("CMA") announced that it was investigating the manner in which Trivago displays information to customers. Specifically, the CMA cited concerns about the clarity, accuracy and presentation of information on sites, which could mislead customers. The CMA said it would examine how hotels were ranked, whether results were influenced by how much commission a hotel pays over the customer’s requirements, the use of “pressure selling,” and hidden charges.

To date Trivago shares have declined sharply in value following these disclosures thereby damaging investors.

The complaint alleges that defendants during the Class Period made materially false and/or misleading statements and/or 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 true details entered the market, the lawsuit claims that investors suffered damages.

If you purchased shares of Trivago, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

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

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