Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Coupang, Inc.(CPNG) Shareholders
CoupangCoupang(US:CPNG) Prnewswire·2026-02-11 14:00

Core Viewpoint - Levi & Korsinsky, LLP has announced a class action securities lawsuit on behalf of Coupang, Inc. investors, alleging securities fraud related to inadequate cybersecurity protocols and failure to report a data breach [1] Group 1: Lawsuit Details - The lawsuit seeks to recover losses for Coupang, Inc. investors affected by alleged securities fraud between May 7, 2025, and December 16, 2025 [1] - The complaint alleges that Coupang had inadequate cybersecurity measures that allowed a former employee to access sensitive customer information for nearly six months without detection [1] - It is claimed that the company faced a materially heightened risk of regulatory and legal scrutiny due to this breach [1] Group 2: Reporting and Compliance Issues - The defendants allegedly failed to report the data breach in a timely manner as required by U.S. Securities and Exchange Commission (SEC) reporting rules [1] - The public statements made by the defendants were claimed to be materially false and/or misleading during the relevant time period [1] Group 3: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until February 17, 2026, to request to be appointed as lead plaintiff [1] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [1] Group 4: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [1]

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Coupang, Inc.(CPNG) Shareholders - Reportify