Coupang(US:CPNG) Globenewswire·2025-12-26 13:26Core Viewpoint - A federal securities class action has been filed against Coupang, Inc. alleging securities fraud and other unlawful business practices during the Class Period from August 6, 2025, to December 16, 2025 [1][6]. Group 1: Lawsuit Details - The lawsuit centers on a major data breach affecting approximately 33.7 million customer accounts, involving unauthorized access to personal information [6]. - Investors who purchased Coupang securities during the Class Period may seek appointment as Lead Plaintiff by February 17, 2026 [1][6]. - The complaint alleges that material facts regarding data security, internal controls, and compliance were misstated or omitted, leading to investor losses when the truth emerged [6]. Group 2: Impact on Stock Price - Following media reports and regulatory developments concerning the data breach, including a Reuters article on November 30, 2025, Coupang's stock price declined on several dates [6]. - The resignation of the CEO and an emergency government meeting in South Korea were significant events that contributed to the decline in stock price [6].