Coupang(US:CPNG) Globenewswire·2025-12-19 17:00Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for alleged violations of federal securities laws during the specified Class Period from August 6, 2025, to December 16, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [3]. - It is alleged that this breach subjected Coupang to increased regulatory and legal scrutiny [3]. - The defendants reportedly failed to disclose the data breach in a timely manner, violating SEC reporting rules, which rendered their public statements misleading [3]. Group 2: Investor Information - Investors who purchased Coupang securities during the Class Period are encouraged to join the lawsuit and can find more information on the law firm's website [2][4]. - The deadline for investors to request to be appointed as lead plaintiff is February 17, 2026, although participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if the lawsuit is successful [5]. - The firm has a history of recovering significant amounts for investors in securities fraud cases [6].