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].

Core Viewpoint - Coupang is facing significant scrutiny and legal challenges following a major data breach that exposed personal information of over 33 million customers, with ongoing investigations and potential regulatory penalties looming [4][5][6]. Company Response - Interim CEO Harold Rogers has pledged full cooperation with all government investigations into the data leak, including a police investigation regarding evidence tampering during an internal probe [1][2][9]. - The company announced compensation of 1.69 trillion won, offering each affected customer a voucher of 50,000 won [8]. Data Breach Details - The data breach, one of South Korea's worst, reportedly began in June and was disclosed in November, exposing names, email addresses, phone numbers, shipping addresses, and certain order histories, but not payment details or login credentials [4][6]. - The breach has led to a significant decline in Coupang's stock price, which has fallen nearly 30% since the disclosure [6]. Regulatory and Legal Challenges - South Korean President Lee Jae Myung has called for stricter penalties for corporate negligence related to data breaches, with potential fines for Coupang exceeding 1 trillion won ($696 million) under current laws [5]. - Coupang is also facing a tax audit and a legal complaint from South Korea's National Assembly against its founder and former executives [6]. Investor Concerns - Two major U.S. investors have petitioned the U.S. government to investigate the South Korean government for what they describe as discriminatory treatment of Coupang [7]. - Coupang is facing a class action lawsuit in the U.S. for allegedly misleading investors regarding its data security practices and failing to disclose the breach in a timely manner [7].

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].

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 ...

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 ...

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]

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].

Austin, Texas--(Newsfile Corp. - January 28, 2026) - Bombyll is pleased to announce that Tiffany Gonzalez, Founder of Bombyll will be speaking at TechCon Southwest 2026. This year’s event will be held Feb. 12-13 at the Bullock Museum in Austin, Texas.TechCon Southwest, produced by TechCon Global, is a leading technology and innovation event that brings together investors, founders, thought leaders, and industry experts. The 2026 program features keynotes, panel discussions, fireside discussions, and demos ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Coupang, Inc. (CPNG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Coupang currently has an average brok ...

NEW YORK, Jan. 28, 2026 /PRNewswire/ -- 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-submi ...