Coupang(US:CPNG) Globenewswire·2025-12-23 17:41Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. on behalf of investors who acquired Coupang securities during the specified Class Period, alleging misleading statements regarding the company's cybersecurity and regulatory compliance [1][3]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period from August 6, 2025, to December 16, 2025, Coupang made false or misleading statements and failed to disclose critical information about its cybersecurity measures [3]. - The complaint alleges that Coupang's inadequate cybersecurity safeguards exposed the company to a heightened risk of a data breach, which could lead to regulatory and legal scrutiny [3]. - Investors became aware of the true state of Coupang's cybersecurity through a series of revelations starting in November 2025, which indicated that a former employee had access to sensitive customer information for nearly six months without detection [4]. Group 2: Investor Information - Investors who purchased Coupang securities during the Class Period have until February 17, 2026, to seek appointment as a lead plaintiff representative of the class [2]. - The lawsuit has resulted in significant declines in the price of Coupang securities following the disclosures about the company's cybersecurity issues [4].