Coupang(US:CPNG) Globenewswire·2026-01-08 22:49Core 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 protocols that led to a data breach affecting customer information [1][3]. Group 1: Allegations - The complaint alleges that during the class period from August 6, 2025, to December 16, 2025, Coupang issued materially false and misleading statements [3]. - It is claimed that Coupang had inadequate cybersecurity measures, 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 data breach in compliance with SEC reporting rules, which heightened the risk of regulatory scrutiny [3]. Group 2: Class Action Details - Shareholders who purchased shares during the specified class period are encouraged to register for the class action, with a deadline set for February 17, 2026 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. - There is no cost or obligation for shareholders to participate in the case [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].