Workflow
Coupang(CPNG)
icon
Search documents
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CPNG
TMX Newsfile· 2026-01-23 23:06
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 those wishing to serve as lead plaintiff must act 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 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. (CPNG) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-23 16:43
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 cybersecurity incident, Coupang's CEO resigned, indicating a significant leadership change in response to the crisis [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 and consumer protection, which may bolster the case against Coupang [4].
CPNG INVESTOR ALERT: Coupang, Inc. (CPNG) Investors with Substantial Losses Have Opportunity to Lead Securities Class Action
Globenewswire· 2026-01-23 15:13
Core Viewpoint - Hagens Berman is investigating claims against Coupang, Inc. regarding a significant data breach that allegedly misled investors and resulted in substantial financial losses [3][4]. Group 1: Allegations and Impact - Coupang is accused of failing to detect a massive data breach for nearly six months, which affected 33.7 million accounts and was allegedly executed by a former employee using valid authentication keys [3][8]. - 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 [3][8]. - The lawsuit highlights inadequate internal controls that allowed unauthorized access to sensitive customer information, contradicting Coupang's claims of "proactive security" [8]. 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 [8]. - The company is cooperating with investigations initiated by Korean regulators regarding the incident [8]. Group 3: Investor Actions - Investors who purchased Coupang securities between May 7, 2025, and December 16, 2025, and suffered losses are encouraged to contact Hagens Berman [1][6]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [1][7].
Coupang, Inc. (CPNG) Upgraded to Buy: Is the Worst of the Data Leak Over?
Yahoo Finance· 2026-01-23 10:19
Company Overview - Coupang, Inc. operates a retail business through mobile applications and websites in South Korea and internationally, founded in 2010, and has two segments: Product Commerce and Developing Offerings [4] Recent Analyst Ratings - Deutsche Bank upgraded Coupang, Inc. to Buy from Hold with a price target of $25, indicating a potential upside of 23% from the lowest 1-year price target of $22 [1] - BofA Securities reduced its price target for Coupang, Inc. from $38.00 to $32.00 while maintaining a Buy rating, citing a stringent regulatory environment due to a personal-data leak incident [2] Regulatory Challenges - Coupang, Inc. faces ongoing regulatory scrutiny related to fair trade, labor, and tax concerns, which are not new issues in the Korean industry, as regulation has been a persistent risk [3] - The ongoing investigations may negatively impact investor sentiment and create uncertainties for the company [3]
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CPNG
TMX Newsfile· 2026-01-22 23:01
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 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 for nearly six months [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [4]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. Group 3: Case Specifics - The lawsuit claims that Coupang's inadequate cybersecurity measures led to a heightened risk of regulatory scrutiny and that the company failed to report the data breach in compliance with SEC regulations [5]. - As a result of these actions, the public statements made by Coupang were materially false and misleading, leading to investor damages when the truth was revealed [5].
CPNG DEADLINE NOTICE: Coupang, Inc. Investors Encouraged to Contact Kirby McInerney LLP By February 17, 2026
Globenewswire· 2026-01-22 23:00
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for alleged securities fraud related to a significant data breach affecting customer information [4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Coupang securities between May 7, 2025, and December 16, 2025, alleging false statements and failure to disclose critical information regarding cybersecurity [4]. - Allegations include inadequate cybersecurity protocols that allowed unauthorized access to sensitive customer information for nearly six months, leading to increased regulatory scrutiny [4]. - The lawsuit claims that Coupang did not report the data breach in compliance with U.S. Securities and Exchange Commission rules when it became aware of the situation [4]. Group 2: Impact of the Data Breach - On November 29, 2025, Coupang disclosed that personal information of 33.7 million customer accounts had been compromised, resulting in a share price drop of approximately 5.36%, from $28.16 to $26.65 [5]. - Following a New York Times article on December 10, 2025, regarding the resignation of Coupang's South Korean unit head due to the data breach, shares fell by about 3.23%, from $26.93 to $26.06 [6]. - On December 16, 2025, Coupang filed an 8-K form acknowledging the breach, revealing that a former employee accessed personal data of up to 33 million customers, leading to a further share price decline of approximately 2%, from $23.19 to $22.72 [7].
CPNG INVESTOR ALERT: Hagens Berman Scrutinizing Claims in Pending Coupang, Inc. (CPNG) Suit Over 33.7 Million Account Data Breach and Alleged Disclosure Delays
Prnewswire· 2026-01-22 20:47
Core Viewpoint - Hagens Berman is investigating Coupang, Inc. for allegedly misleading investors regarding its cybersecurity measures, particularly in light of a significant data breach that went undetected for nearly six months, affecting 33.7 million accounts [2][3]. Group 1: Allegations and Investigations - The lawsuit claims that Coupang misrepresented its "proactive security" and "administrative safeguards" while failing to detect a data breach for six months [2][5]. - The breach was reportedly executed by a former employee who retained valid authentication keys, leading to unauthorized access to sensitive customer information [2][5]. - Hagens Berman is focusing on why it took Coupang so long to identify the unauthorized access to customer accounts [3][5]. Group 2: Financial and Operational Impact - The incident has resulted in a compensation plan of approximately 1.685 trillion won ($1.2 billion) aimed at restoring customer trust [5]. - The breach has caused a significant market value loss for Coupang, totaling over $8 billion [2][5]. - CEO Park Dae-joon resigned as a direct consequence of the incident, highlighting the severe operational fallout [5]. Group 3: Regulatory and Disclosure Issues - Coupang acknowledged awareness of the cybersecurity incident on November 18, 2025, just 11 days before it was publicly disclosed [5]. - The company is cooperating with investigations initiated by Korean regulators regarding the breach [5].
CLASS ACTION REMINDER: Berger Montague Advises Coupang, Inc. (CPNG) Investors to Inquire About a Securities Fraud Lawsuit by February 17, 2026
TMX Newsfile· 2026-01-22 16:38
Philadelphia, Pennsylvania--(Newsfile Corp. - January 22, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Coupang, Inc. (NYSE: CPNG) ("Coupang" or the "Company") on behalf of investors who purchased or otherwise acquired Coupang securities during the period of May 7, 2025 through December 16, 2025 (the "Class Period"), inclusive.Investor Deadline: Investors who purchased Coupang securities during the Class Period may, no later than Febru ...
COUPANG, INC. (NYSE: CPNG) DEADLINE ALERT – Bernstein Liebhard LLP Reminds Coupang, Inc. Investors of Upcoming Deadline
Globenewswire· 2026-01-22 15:45
NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Coupang, Inc. (NYSE: CPNG)? Did you purchase your shares between August 6, 2025 and December 16, 2025, inclusive? Did you lose money in your investment in Coupang, Inc.? Do you want to discuss your rights? Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Coupang, Inc. (“Coupang” or the “Company”) (NYSE: CPNG) investors of an upcoming deadline involving a securities fraud clas ...
Coupang Investors Want US to Investigate eCommerce Firm's Data Breach
PYMNTS.com· 2026-01-22 15:16
Last year, South Korean eCommerce company Coupang suffered a data breach affecting millions of customers.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Now, a pair of Coupang investors has called on the United Sta ...