Coupang(CPNG)
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Coupang, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before February 17, 2026 to Discuss Your Rights – CPNG
Globenewswire· 2026-01-06 21:00
Core Viewpoint - A class action securities lawsuit has been filed against Coupang, Inc. alleging securities fraud related to inadequate cybersecurity protocols and failure to report a data breach [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors affected by alleged securities fraud between August 6, 2025, and December 16, 2025 [1]. - The complaint claims that Coupang had inadequate cybersecurity measures that allowed a former employee to access sensitive customer information for nearly six months without detection [2]. - It is alleged that the company did not report the data breach in compliance with SEC reporting rules, leading to materially false and misleading public statements [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until February 17, 2026, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4]. - The firm has over 70 employees dedicated to serving clients in complex securities litigation [4].
CPNG Investors Have Opportunity to Lead Coupang, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
Prnewswire· 2026-01-05 05:57
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 set for February 17, 2026 [1]. Group 1: Class Action Details - Investors who bought Coupang securities during the specified Class Period 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 can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by February 17, 2026, representing other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: 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 this breach heightened the risk of regulatory scrutiny and that Coupang failed to report the incident in compliance with SEC regulations, leading to materially false public statements [5].
ROSEN, LEADING INVESTOR RIGHTS COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CPNG
Globenewswire· 2026-01-02 23:20
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 class action lawsuit set for February 17, 2026 [1]. Group 1: Class Action Details - Investors who bought Coupang securities during the specified Class Period 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 can join by submitting a form or contacting the law firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the court by February 17, 2026 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4]. Group 3: 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 the company failed to disclose this data breach, leading to increased regulatory and legal scrutiny [5]. - The lawsuit asserts that the public statements made by Coupang were materially false and misleading, resulting in investor damages when the truth was revealed [5].
Investors in Coupang, Inc. Should Contact Levi & Korsinsky Before February 17, 2026 to Discuss Your Rights - CPNG
Prnewswire· 2026-01-02 14:00
Core Viewpoint - A class action securities lawsuit has been filed against Coupang, Inc. for alleged securities fraud affecting investors between August 6, 2025, and December 16, 2025 [1] Group 1: Allegations of the Lawsuit - The complaint alleges that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [2] - It is claimed that this breach subjected Coupang to increased regulatory and legal scrutiny [2] - The lawsuit states that when the defendants became aware of the data breach, they failed to report it in compliance with SEC reporting rules, rendering their public statements materially false and misleading [2] Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until February 17, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]
Coupang, Inc. (CPNG) Declines More Than Market: Some Information for Investors
ZACKS· 2025-12-31 23:50
Company Performance - Coupang, Inc. closed at $23.59, reflecting a -2.24% change from the previous day, underperforming the S&P 500, which lost 0.74% [1] - Over the last month, Coupang's shares decreased by 9.66%, contrasting with the Retail-Wholesale sector's loss of 0.41% and the S&P 500's gain of 0.79% [1] Earnings Forecast - The upcoming earnings report for Coupang is expected to show an EPS of $0.03, representing a 25% decline from the same quarter last year [2] - Revenue is forecasted at $9.27 billion, which is a 16.42% increase compared to the prior-year quarter [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $0.16 per share, indicating a -27.27% change from the previous year, while revenue is estimated at $34.97 billion, reflecting a +15.54% increase [3] - Recent analyst estimate revisions suggest positive near-term business trends, which may indicate a favorable business outlook [3] Analyst Ratings and Valuation - The Zacks Rank for Coupang is currently 3 (Hold), with the Zacks Consensus EPS estimate decreasing by 3.92% in the past month [5] - Coupang's Forward P/E ratio stands at 147.74, significantly higher than the industry average Forward P/E of 18.89, indicating a premium valuation [5] Industry Context - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 82, placing it in the top 34% of over 250 industries [6] - Research indicates that industries in the top 50% of Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [6]
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Coupang, Inc.(CPNG) Shareholders
Globenewswire· 2025-12-31 21:17
Core Viewpoint - The Gross Law Firm is notifying shareholders of Coupang, Inc. regarding a class action lawsuit due to allegations of misleading statements and inadequate cybersecurity practices that led to a data breach affecting customer information [1][3]. Group 1: Allegations - The complaint alleges that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [3]. - The company is accused of failing to disclose the heightened risk of regulatory and legal scrutiny due to the data breach [3]. - It is claimed that when the company became aware of the data breach, it did not report it in compliance with SEC filing rules, resulting in materially false and misleading public statements [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as August 6, 2025, to December 16, 2025 [3]. - Shareholders are encouraged to register for the class action by February 17, 2026, to potentially be appointed as lead plaintiffs [4]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
CPNG INVESTOR ALERT: Coupang (CPNG) Hit With Securities Class Action Amid Massive Data Breach, Questions About Timely Disclosure, Executive Departure – Hagens Berman
Globenewswire· 2025-12-31 18:26
Core Viewpoint - A securities class action lawsuit has been filed against Coupang, Inc. due to a significant data breach and alleged delays in disclosure, which have negatively impacted the company's stock price [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to represent investors who acquired Coupang securities between August 6, 2025, and December 16, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [4]. - The lawsuit questions whether Coupang misled investors regarding the adequacy of its cybersecurity protocols and the timeliness of its disclosures related to cybersecurity incidents [4]. Group 2: Data Breach Incident - Coupang experienced a data breach affecting approximately 33.7 million customers, which was reported on November 30, 2025 [5]. - The breach was first detected on November 18, 2025, and was attributed to a former employee who retained access credentials after leaving the company in 2024 [6][7]. - Following the breach, Coupang's CEO of its South Korean e-commerce unit resigned, and South Korean police conducted raids on Coupang's offices [6]. Group 3: Financial Impact - Since the breach was reported, Coupang has lost over $8 billion in market capitalization [9]. - The company warned that it could face material financial losses due to potential revenue loss and increased expenses, including regulatory penalties [8].
2 Top Stocks That Could Soar in 2026
Yahoo Finance· 2025-12-31 15:20
In 2024, Coupang acquired the luxury fashion marketplace Farfetch in a bid to enter the high-end retail segment. Coupang rescued Farfetch from insolvency and is using it to build a strong luxury presence in Asia, but it's still navigating hurdles in reigniting sales growth and navigating the complex luxury e-commerce landscape. Coupang's primary international focus is Taiwan, where it is replicating its Korean logistics model.Coupang also has an equivalent version of Amazon Prime called the Rocket WOW subsc ...
Berger Montague PC Investigating Claims on Behalf of Investors in Coupang, Inc. (CPNG) After Class Action Filing
TMX Newsfile· 2025-12-30 18:36
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors about its cybersecurity measures during a specific period, leading to significant financial losses due to a data breach [1][2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from August 6, 2025, to December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that Coupang's inadequate cybersecurity exposed it to a heightened risk of a data breach [2]. Group 2: Cybersecurity Breach - In November 2025, it was revealed that a data breach had compromised sensitive personal information of over 33 million customers [3]. - Following the disclosures, Coupang's stock price experienced significant declines, culminating in the company's acknowledgment of the breach on December 16, 2025 [3]. - This incident is noted as the largest cybersecurity event affecting South Korea to date [3].
3300多万个账户信息被泄露 全国总人口才5100多万!韩国最大电商发补贴“求原谅”:每户5万韩元
Mei Ri Jing Ji Xin Wen· 2025-12-30 16:57
据珠江之声援引韩联社报道,韩国电商巨头Coupang12月29日就大规模用户个人资讯外泄事件提出补偿方案,宣布将向约3300多万名受影响用户每人发放 5万韩元(约人民币241.5元)补偿,总补偿金额高达1.685万亿韩元(约人民币81.39亿元)。 韩国统计厅公布的《2023人口及居住普查》结果显示,截至2023年11月1日,韩国总人口数为5177万。 据悉,Coupang的补偿金将以代金券的形式发放,公司计划从明年1月15日起陆续发放,发放对象为今年11月底被通知资讯遭泄的3370万个账号用户。 Coupang韩国公司临时代表罗杰斯同日发布公告,表示公司全体人员就此次资讯外泄事件导致广大用户深感担忧进行深刻反省,公司透过此次补偿措施承 担应有责任,并再次向用户诚挚致歉。 此前,Coupang于11月底发生资料外泄事故,涉及Coupang逾3300万用户,接近公司全部客户的数量。据路透社,事件发生后,Coupang的亿万富翁创始人 金范锡(Bom Kim)未出席首尔国会就该公司数据泄露事件举行的听证会,此举激怒了议员们,他们表示将采取法律行动。 当地时间12月25日,Coupang发布调查声明,已确认数据泄露 ...