Core 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 breach affecting 33 million users [1][2] Company Developments - The interim CEO, Harold Rogers, is under investigation by South Korean authorities for potential perjury related to statements made about the data breach during a National Assembly hearing [2] - The investigation focuses on Rogers' claims that the cybersecurity incident was directed by the Korean government, which the government has denied [2] - Following the breach revelations, Coupang's share price has seen a severe decline since late November 2025 [2] Legal Actions - A securities class action lawsuit has been initiated to represent investors who acquired Coupang securities between May 7, 2025, and December 16, 2025, encouraging affected investors to report their losses [3][4] - The lawsuit alleges that Coupang misled investors by promoting "proactive security" measures while failing to detect a significant data breach for nearly six months, which affected 33.7 million accounts [4] - The breach was reportedly executed by a former employee using authentication keys that remained valid post-departure, leading to a $1.2 billion compensation plan and a CEO resignation, resulting in over $8 billion in market value loss [4] Company Statements - On December 29, 2025, Coupang filed a report with the SEC stating that its investigation was conducted under government direction, which may contradict earlier statements made by the interim CEO [5] - The firm Hagens Berman is leading the investigation into the claims and is encouraging whistleblowers with non-public information to come forward [6]

Coupang, the Seattle-headquartered e-commerce platform known as the “Amazon of South Korea,” dominated discussion at a closed-door congressional meeting this week following a massive data breach that affected about 33.7 million customers https://t.co/xpfQHymzay ...

Core Viewpoint - Coupang, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its cybersecurity measures, particularly related to a significant data breach affecting 33.7 million accounts, which went undetected for nearly six months [2][7]. Group 1: Allegations and Impact - The lawsuit claims that Coupang misrepresented its "proactive security" and "administrative safeguards" while failing to detect a data breach that allowed a former employee to access sensitive customer information [2][7]. - The breach has resulted in a compensation plan of approximately $1.2 billion (1.685 trillion won) and the resignation of CEO Park Dae-joon, leading to a loss of over $8 billion in market value [2][7]. - Coupang acknowledged awareness of the cybersecurity incident on November 18, 2025, just 11 days before public disclosure, indicating a significant delay in informing stakeholders [7]. Group 2: Investigation and Legal Proceedings - Hagens Berman, a shareholder rights firm, is investigating the claims and has set a lead plaintiff deadline of February 17, 2026, for investors who suffered losses during the class period from May 7, 2025, to December 16, 2025 [1][5]. - The investigation focuses on Coupang's alleged failure to maintain adequate internal controls that allowed unauthorized access to customer accounts [7]. - The firm is encouraging affected investors to contact them for potential participation in the lawsuit [1][5].

Core Point - The House Judiciary Committee has issued a subpoena to Coupang as part of an investigation into alleged discrimination against U.S. companies [1] Group 1 - The subpoena seeks communications between Coupang and other entities related to the ongoing probe [1]

Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly making false statements regarding its cybersecurity and regulatory compliance during the specified Class Period from May 7, 2025, to December 16, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Coupang had inadequate cybersecurity measures, which increased the risk of a data breach and potential regulatory scrutiny [3]. - Investors became aware of the company's cybersecurity issues through revelations starting in November 2025, which indicated that a former employee had access to sensitive customer information for nearly six months without detection [4]. - Following these disclosures, the price of Coupang securities experienced significant declines [4]. Group 2: Investor Information - Investors who purchased Coupang securities during the Class Period have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The law firm Berger Montague PC is leading the class action and provides contact information for interested investors [5]. Group 3: Company Overview - Coupang is headquartered in Seattle, Washington, and operates a diverse platform that includes retail, restaurant delivery, video streaming, and fintech services primarily for users in South Korea [2].

Group 1 - The South Korean e-commerce company Coupang has confirmed a data leak affecting an additional 165,000 users [1]

NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Coupang, Inc. (NYSE: CPNG). Shareholders who purchased shares of CPNG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/coupang-inc-loss-submission-form-2/?id=183335&from=3 CLASS PERIOD: May 7, 2025 to Dece ...

Core Viewpoint - A class action securities lawsuit has been filed against Coupang, Inc. due to alleged securities fraud affecting investors between May 7, 2025, and December 16, 2025 [1][2] Group 1: Allegations of Fraud - The lawsuit claims that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [2] - It is alleged that this breach exposed Coupang to increased regulatory and legal scrutiny [2] - The defendants reportedly failed to disclose the data breach in a timely manner as required by SEC reporting rules, leading to materially false and misleading public statements [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until February 17, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]

Core Viewpoint - Hagens Berman is investigating claims against Coupang, Inc. regarding a significant data breach that allegedly misled investors and resulted in substantial financial losses [3][4]. Group 1: Allegations and Impact - Coupang is accused of failing to detect a massive data breach for nearly six months, impacting 33.7 million accounts, allegedly due to inadequate internal controls [3][8]. - The breach was reportedly executed by a former employee who retained access to sensitive information using valid authentication keys [3]. - The incident has led to a $1.2 billion compensation plan and the resignation of CEO Park Dae-joon, resulting in a loss of over $8 billion in market value [3][8]. Group 2: Legal Proceedings and Investor Actions - Investors who purchased Coupang securities between May 7, 2025, and December 16, 2025, and suffered losses are encouraged to contact Hagens Berman [1][6]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [1][7]. - The firm is actively seeking information from whistleblowers who may have non-public information regarding Coupang [10].

New York, New York--(Newsfile Corp. - February 3, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Coupang, Inc. (NYSE: CPNG) between August 6, 2025 and December 16, 2025, both dates inclusive (the "Class Period"), of the important February 17, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.SO WHAT: If you purchased Coupang securities during the Class Period you may be entitled to compensation without payment of any out ...