Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors about its cybersecurity measures, leading to significant financial losses following a major data breach affecting over 33 million customers [1][2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities between May 7, 2025, and December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that Coupang's inadequate cybersecurity safeguards heightened the risk of a data breach [2]. Group 2: Cybersecurity Incident - In November 2025, disclosures revealed a data breach that compromised sensitive personal information of more than 33 million customers [3]. - Following the breach, Coupang's stock price experienced significant declines, with the company acknowledging the cybersecurity event on December 16, 2025 [3]. - This incident is noted as the largest cybersecurity event in South Korea's history [3].
DEADLINE NEXT WEEK: Berger Montague Advises Coupang, Inc. (CPNG) Investors to Contact the Firm Before February 17, 2026