Coupang(US:CPNG) Globenewswire·2026-02-11 13:52Core Insights - Coupang, Inc. experienced a significant drop in share price, falling over 13% due to a report of an additional 165,000 user data being leaked, compounding the previously reported 33 million users affected by a major security breach [1][2] - The interim CEO, Harold Rogers, is under investigation for potential perjury related to statements made about the breach, specifically regarding the involvement of the Korean government in the investigation [2] - A securities class action lawsuit has been initiated, representing investors who acquired Coupang securities between May 7, 2025, and December 16, 2025, due to alleged misleading statements about the company's cybersecurity measures [3][4] Company Developments - The data breach reportedly affected 33.7 million accounts and was executed by a former employee using authentication keys that remained valid post-departure, leading to a $1.2 billion compensation plan and the resignation of the CEO, resulting in a loss of over $8 billion in market value [4] - Following the class period, Coupang filed a report with the SEC indicating that its investigation was conducted under the direction of the government, which raises questions about the accuracy of previous statements made by the company [5] - The investigation is focused on why Coupang's security measures failed to detect unauthorized access to sensitive customer data by a former employee [6]