Coupang(US:CPNG) Globenewswire·2026-02-11 22:00Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Coupang, Inc. regarding a class action lawsuit due to allegations of misleading statements and inadequate cybersecurity protocols that led to a data breach [1][3]. Group 1: Allegations - The complaint alleges that during the class period from May 7, 2025, to December 16, 2025, Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [3]. - The allegations further state that this situation subjected Coupang to a heightened risk of regulatory and legal scrutiny [3]. - It is claimed that when the defendants became aware of the data breach, they failed to report it in compliance with SEC reporting rules, rendering their public statements materially false and misleading [3]. Group 2: Class Action Details - Shareholders who purchased shares of Coupang during the specified class period are encouraged to register for the class action, with a deadline set for February 17, 2026 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. - There is no cost or obligation for shareholders to participate in this case [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements or omissions that led to stock inflation [5].