Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors about its cybersecurity practices during a specified period, leading to significant financial losses due to a data breach revelation [1][2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from May 7, 2025, to December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that Coupang had inadequate cybersecurity measures, increasing the risk of a data breach [2]. Group 2: Cybersecurity Incident - In November 2025, it was disclosed that a data breach had compromised sensitive personal information of over 33 million customers [3]. - Following the breach disclosures, Coupang's stock price experienced significant declines, culminating in an acknowledgment of the cybersecurity event on December 16, 2025 [3]. - This incident is noted as the largest cybersecurity event affecting South Korea to date [3].
COUPANG, INC. SECURITIES FRAUD NOTICE: Berger Montague Informs Coupang, Inc. (CPNG) Investors of Securities Fraud Lawsuit