Coupang(CPNG)
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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Coupang, Inc. of Class Action Lawsuit and Upcoming Deadlines - CPNG
Globenewswire· 2026-02-03 17:58
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. regarding allegations of securities fraud and unlawful business practices related to a significant data breach affecting millions of customer accounts [2][4]. Group 1: Lawsuit Details - The class action lawsuit is initiated by investors who believe Coupang and its officers/directors engaged in securities fraud [2]. - Investors have until February 17, 2026, to request appointment as Lead Plaintiff if they purchased Coupang securities during the Class Period [2]. Group 2: Data Breach Incident - On November 30, 2025, it was reported that Coupang apologized for a data breach affecting 33.7 million customer accounts, leading to a stock price drop of $1.51 (5.36%) to close at $26.65 on December 1, 2025 [4]. - Following the breach, Coupang's CEO resigned, and a police raid occurred at Coupang's offices, causing the stock price to fall by $0.87 (3.2%) to close at $26.06 on December 10, 2025 [5]. - On December 16, 2025, Coupang acknowledged the breach in a filing with the SEC, revealing that a former employee may have accessed personal information of up to 33 million customers, resulting in a further stock price decline of $0.47 (2.03%) to close at $22.72 on December 17, 2025 [6].
CPNG 2-WEEK DEADLINE ALERT: Hagens Berman Alerts Coupang, Inc. (CPNG) Investors to Deadline in Securities Class Action Over Data Breach and Alleged Disclosure Delays
Prnewswire· 2026-02-03 13:42
SAN FRANCISCO, Feb. 3, 2026 /PRNewswire/ -- National shareholder rights firm Hagens Berman reminds investors in Coupang, Inc. (NYSE: CPNG) regarding the February 17, 2026 lead plaintiff deadline. Investors who purchased Coupang (CPNG) securities between May 7, 2025, and December 16, 2025, and suffered significant losses are encouraged to contact the firm. [CLICK HERE TO SUBMIT YOUR CPNG LOSSES] The firm is investigating the lawsuit's claims that Coupang misled investors by touting "proactive security" and " ...
Coupang, Inc. (CPNG): A Bull Case Theory
Yahoo Finance· 2026-02-03 00:47
Core Thesis - Coupang, Inc. is viewed as a high-conviction, short-to-medium-term bullish opportunity, with the stock likely having found a bottom after a significant selloff due to a data breach and class-action lawsuits [3][4]. Stock Performance - As of January 30th, Coupang's share price was $20.16, with trailing and forward P/E ratios of 95.19 and 41.67 respectively [1]. - The stock has dropped from the mid-$30s to approximately $23, with a 52-week low near $19, indicating a strong technical floor [3][4]. Investment Strategy - The investment strategy focuses on stabilization and mean reversion rather than aggressive upside breakout, as the bulk of negative news is believed to be reflected in the stock [4]. - Selling downside exposure around the $20 level allows investors to collect roughly $1 in premium on a $20 strike, translating to a 5% return in under half a year, or approximately 12% on an annualized basis [5]. Market Sentiment - The appearance of a 2,000-contract block trade, representing about $200,000 in immediate premium, signals institutional confidence that downside risk below $20 is limited [6]. - This situation reframes Coupang from a volatile e-commerce name to a disciplined income-oriented bullish position, benefiting from time decay and improving sentiment [6]. Historical Context - Previous bullish coverage highlighted Coupang's vertically integrated logistics, customer-centric model, and long-term margin expansion potential, although the stock has depreciated by approximately 5.75% since then due to data breach concerns [7].
Shareholder Rights Law Firm Robbins LLP Urges CPNG Investors to Contact the Firm About Their Rights Against Coupang, Inc.
Globenewswire· 2026-02-02 21:43
Core Viewpoint - A class action has been filed against Coupang, Inc. for failing to disclose a significant cybersecurity event that impacted the company, leading to a decline in stock price and harming investors [2]. Group 1: Allegations - Coupang allegedly had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without detection [2]. - The company is accused of subjecting itself to a materially heightened risk of regulatory and legal scrutiny due to the data breach [2]. - When the breach was discovered, Coupang did not report it in a timely manner as required by U.S. Securities and Exchange Commission regulations [2]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Coupang, with a deadline to submit papers to serve as lead plaintiff by February 17, 2026 [3]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3]. Group 3: Company Background - Coupang is described as one of the fastest-growing technology and commerce companies globally, offering services in retail, restaurant delivery, video streaming, and fintech under various brands [1].
COUPANG, INC. (CPNG) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by February 17, 2026
TMX Newsfile· 2026-02-02 13:46
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for alleged misleading statements regarding its cybersecurity, which resulted in significant investor losses during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from May 7, 2025, to December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that inadequate cybersecurity allowed a former employee to access sensitive customer information undetected for nearly six months [3]. Group 2: Company Impact - Following the cyber event, Coupang's CEO resigned, indicating a significant impact on company leadership and investor confidence [3]. - The lawsuit highlights the potential financial repercussions for Coupang, as investors reportedly suffered significant losses due to the alleged cybersecurity failures [3]. Group 3: Law Firm Background - Berger Montague, the law firm representing the plaintiffs, is noted for its expertise in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [4]. - The firm has a strong track record in various legal areas, including securities, which is relevant to the current lawsuit against Coupang [4].
Lead Plaintiff Deadlines in Shareholder Class Action Lawsuits Against SLM Corporation (SLM) and Coupang, Inc. (CPNG) Announced by Holzer & Holzer, LLC
Globenewswire· 2026-02-02 13:00
ATLANTA, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors of the deadline to seek to be appointed lead plaintiff in the following class action lawsuits: SLM Corporation (SLM) The shareholder class action lawsuit filed against SLM Corporation (“SLM” or the “Company”) (NASDAQ: SLM) alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material facts regarding the effectiveness of SLM’s loss mitigation and/or loan modification programs betw ...
Coupang, Inc. (CPNG) Shares in Focus Amid Mixed Signals
Yahoo Finance· 2026-01-31 20:51
Coupang Inc (NYSE:CPNG) is one of the stocks with huge growth potential, according to the media. On January 15, BofA Securities reiterated a Buy rating on Coupang Inc (NYSE:CPNG) but cut the price target to $32 from $38. Despite the cut, the new price target represents significant upside potential of more than 50%. Coupang, Inc. (CPNG) Shares in Focus Amid Mixed Signals BofA Securities cut its price target due to concerns that the company is facing regulatory challenges following a personal data leak. In ...
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
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities between August 6, 2025, and December 16, 2025, of the upcoming lead plaintiff deadline for a securities class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Coupang securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by February 17, 2026 [3] - The lawsuit alleges that Coupang made false and misleading statements regarding its cybersecurity protocols, which allowed unauthorized access to sensitive customer information [5] Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering significant amounts for investors [4] - The firm has been recognized for its leadership in securities class action settlements, including a record settlement against a Chinese company [4] Group 3: Case Specifics - The lawsuit claims that Coupang's inadequate cybersecurity measures led to a data breach that was not reported in compliance with SEC regulations, resulting in misleading public statements [5]
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]