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Coupang, Inc. Notice of February 17, 2026 Application Deadline for Class Action Lawsuits - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
Prnewswire· 2026-01-31 03:09
Core Viewpoint - Kahn Swick & Foti, LLC has initiated class action securities lawsuits against Coupang, Inc. for alleged securities fraud affecting investors during the specified period [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors adversely affected by alleged securities fraud between May 7, 2025, and December 16, 2025 [2]. - Coupang and certain executives are accused of failing to disclose material information, violating federal securities laws [3]. - Allegations include inadequate cybersecurity protocols that allowed unauthorized access to sensitive customer information for nearly six months, leading to heightened regulatory and legal scrutiny [3]. - The defendants allegedly failed to report the data breach in compliance with Securities and Exchange Commission reporting rules, rendering their public statements materially false and misleading [3]. Group 2: Legal Proceedings - The first-filed case is Barry v. Coupang, Inc., et al., No. 25-cv-10795, with a subsequent case, Lee v. Coupang, Inc., et al., No. 26-cv-00047, expanding the class period [4]. - Investors have until February 17, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this role [4]. Group 3: About Kahn Swick & Foti, LLC - Kahn Swick & Foti, LLC is recognized as one of the premier boutique securities litigation law firms in the U.S., with a ranking among the top 10 firms nationally based on total settlement value [4]. - The firm serves a diverse clientele, including public and private institutional investors, as well as retail investors, seeking recoveries for investment losses due to corporate fraud or malfeasance [4].
ROSEN, A LONGSTANDING LAW FIRM, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CPNG
Globenewswire· 2026-01-30 23:59
NEW YORK, Jan. 30, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Coupang, Inc. (NYSE: CPNG) between August 6, 2025 and December 16, 2025, both dates inclusive (the “Class Period”), of the important February 17, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Coupang securities during the Class Period you may be entitled to compensation without payment of any out of pocket fe ...
Trump's Fed pick Warsh serves on board of firm at center of US-South Korea trade spat
Reuters· 2026-01-30 22:38
Core Viewpoint - Kevin Warsh, appointed by President Donald Trump to lead the Federal Reserve, has earned over $1 million since 2020 as a board member of Coupang, which is currently involved in trade tensions between the U.S. and South Korea [1] Company Summary - Coupang is an e-commerce company that has become a focal point in the ongoing trade tensions between the United States and South Korea [1] - The financial performance of Coupang is highlighted by Warsh's earnings, indicating a significant role in the company's governance and potential influence on its strategic direction [1]
CPNG ALERT: Hagens Berman Scrutinizing Coupang, Inc. (CPNG) Suit Over Massive Account Breach and Infiltration
Prnewswire· 2026-01-30 20:14
Core Viewpoint - Coupang, Inc. is facing a lawsuit due to allegations of misleading investors regarding its cybersecurity measures, which failed to prevent a significant data breach affecting 33.7 million accounts, leading to substantial financial losses and executive changes [2][6]. Group 1: Lawsuit and Allegations - The lawsuit claims that Coupang misrepresented its "proactive security" and "administrative safeguards" while failing to detect a data breach for nearly six months [2][6]. - The breach, attributed to a former employee, resulted in unauthorized access to sensitive customer data and has led to a compensation plan of $1.2 billion [2][6]. - Coupang's internal systems were reportedly infiltrated starting June 24, 2025, with the breach disclosed on November 29, 2025 [6]. Group 2: Financial Impact - The data breach has resulted in a loss of over $8 billion in market value for Coupang [2]. - The company announced a $1.2 billion compensation plan in response to the breach [2][6]. Group 3: Executive Changes and Regulatory Scrutiny - Following the breach, Coupang's CEO Park Dae-joon resigned on December 10, 2025, and was replaced by Harold Rogers as interim CEO [6]. - Coupang is currently under investigation by Korean regulators, which the company is fully cooperating with [6].
South Korean police to question interim CEO of Coupang in data breach probe
The Economic Times· 2026-01-30 05:57
Interim Chief Executive Harold Rogers pledged to cooperate with all probes into the data leak."Coupang has fully and will continue to fully ‌cooperate with all of ‌the government investigations that are now looking into us," he told reporters on his arrival at a Seoul police station."We will also fully cooperate with the ‌police investigation today," he said.A task force at the Seoul Metropolitan Police Agency summoned Rogers to question him on suspicion of evidence tampering while Coupang was conducting an ...
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CPNG
TMX Newsfile· 2026-01-30 02:56
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Coupang securities between August 6, 2025, and December 16, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by February 17, 2026 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Coupang made false and misleading statements regarding its cybersecurity protocols, which allowed unauthorized access to sensitive customer information for nearly six months [5]. - It is claimed that Coupang faced increased regulatory and legal scrutiny due to inadequate cybersecurity measures, and the company failed to report the data breach in compliance with SEC regulations [5]. - The lawsuit asserts that the public statements made by Coupang were materially false and misleading, leading to investor damages when the true details were revealed [5].
Coupang, Inc. Sued for Securities Law Violations – Contact Levi & Korsinsky Before February 17, 2026 to Discuss Your Rights – CPNG
Globenewswire· 2026-01-29 22:00
NEW YORK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Coupang, Inc. ("Coupang, Inc." or the "Company") (NYSE: CPNG) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Coupang, Inc. investors who were adversely affected by alleged securities fraud between May 7, 2025 and December 16, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/coupang-inc-lawsuit-su ...
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Coupang, Inc. (CPNG) Shareholders
Prnewswire· 2026-01-29 14:00
NEW YORK, Jan. 29, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Coupang, Inc. (NYSE: CPNG). Shareholders who purchased shares of CPNG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/coupang-inc-loss-submission-form-2/?id=183277&from=4  CLASS PERIOD: May 7, 2025 to Decemb ...
COUPANG, INC. (NYSE: CPNG) CLASS ACTION NOTICE: Berger Montague Encourages Investors With Substantial Losses to Contact the Firm By February 17, 2026
Globenewswire· 2026-01-29 13:36
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors about its cybersecurity measures during the Class Period from May 7, 2025, to December 16, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Coupang maintained inadequate cybersecurity safeguards, exposing the company to a heightened risk of a data breach [2] - In November 2025, disclosures revealed a data breach that compromised sensitive personal information of over 33 million customers, leading to significant declines in Coupang's stock price [3] - The breach is noted as the largest cybersecurity event to impact South Korea, with Coupang acknowledging the incident on December 16, 2025 [3] Group 2: Investor Information - Investors who purchased Coupang securities during the Class Period have until February 17, 2026, to seek appointment as lead plaintiff representatives [2] - The law firm Berger Montague is leading the class action and has extensive experience in complex civil litigation and class actions [4]
INVESTOR ALERT: Coupang, Inc. (CPNG) Investors with Substantial Losses Have Opportunity to Lead the Coupang Securities Class Action Lawsuit
Prnewswire· 2026-01-29 02:07
Core Viewpoint - Coupang, Inc. is facing a lawsuit due to allegations of misleading investors regarding its cybersecurity measures, particularly related to a significant data breach affecting 33.7 million accounts, which has resulted in substantial financial losses and executive changes [2][7]. Group 1: Allegations and Impact - The lawsuit claims that Coupang failed to detect a massive data breach for nearly six months, during which a former employee accessed sensitive customer information using valid authentication keys [2][3]. - The breach has led to a compensation plan of $1.2 billion and the resignation of CEO Park Dae-joon, resulting in a loss of over $8 billion in market value [2][7]. - Coupang's internal controls were reportedly inadequate, allowing unauthorized access to customer data, contradicting the company's assurances of "proactive security" [7]. Group 2: Timeline and Regulatory Response - Coupang became aware of the cybersecurity incident on November 18, 2025, but did not disclose it publicly until 11 days later [7]. - The company is cooperating with investigations initiated by Korean regulators regarding the incident [7]. Group 3: Investor Actions - Investors who purchased Coupang securities between May 7, 2025, and December 16, 2025, and experienced significant losses are encouraged to contact Hagens Berman for potential legal action [1][5].