Coupang(US:CPNG) Prnewswire·2026-01-14 14:00Core Viewpoint - A class action securities lawsuit has been filed against Coupang, Inc. for alleged securities fraud affecting investors between May 7, 2025, and December 16, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [2]. - It is alleged that this data breach exposed Coupang to increased regulatory and legal scrutiny [2]. - The defendants reportedly failed to disclose the data breach in a timely manner as required by SEC reporting rules, leading to materially false and misleading public statements [2]. Group 2: Legal Process - 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: Law Firm Background - Levi & Korsinsky, LLP 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].