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ROSEN, LEADING INVESTOR RIGHTS COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CPNG
Globenewswire· 2026-01-02 23:20
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities between August 6, 2025, and December 16, 2025, of the upcoming lead plaintiff deadline for a class action lawsuit set for February 17, 2026 [1]. Group 1: Class Action Details - Investors who bought Coupang securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the court by February 17, 2026 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4]. Group 3: Case Allegations - The lawsuit alleges that Coupang made false and misleading statements regarding its cybersecurity protocols, which allowed unauthorized access to sensitive customer information for nearly six months [5]. - It is claimed that the company failed to disclose this data breach, leading to increased regulatory and legal scrutiny [5]. - The lawsuit asserts that the public statements made by Coupang were materially false and misleading, resulting in investor damages when the truth was revealed [5].
Aflac Reveals Just How Big Its Data Breach Really Was
CNET· 2025-12-30 16:25
Core Insights - Aflac reported a data breach affecting the personal data of 22.65 million individuals, including customers, beneficiaries, and employees [1] - The compromised data may include contact information, claims, health information, and Social Security numbers [1] Response to Breach - Aflac addressed the breach within hours and began notifying affected customers promptly [2] - The company is offering 24 months of free CyEx cybersecurity services, which include credit monitoring, medical information protection, and identity theft monitoring [2] Company Position - Aflac downplayed the impact of the breach, stating that it is not aware of any fraudulent use of personal information to date [3] - The company, along with third-party partners, will continue to monitor for any fraudulent activity [3]
Coupang Offers $1 Billion Compensation for Data Breach Victims
Insurance Journal· 2025-12-30 10:41
Coupang is offering compensation worth more than $1 billion to all customers affected by South Korea’s biggest-ever data breach.The country’s biggest online retailer said on Monday it would soon start offering vouchers worth up to 50,000 won ($35) to each of its 33.7 million customers whose personal information was compromised by the breach. The vouchers will include 5,000 won applicable to all Coupang products, 5,000 won for Coupang’s food delivery service, 20,000 won for Coupang travel products, and 20,00 ...
Class Action Filed Against Coupang, Inc. (CPNG) - February 17, 2026 Deadline to Join – Contact Levi & Korsinsky
Globenewswire· 2025-12-26 21:58
Core Viewpoint - A class action securities lawsuit has been filed against Coupang, Inc. for alleged securities fraud affecting investors between August 6, 2025, and December 16, 2025 [1][2] Group 1: Allegations - 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 data breach subjected 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 - Investors who suffered losses during the specified timeframe have until February 17, 2026, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Law 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]
Portnoy Law Firm Announces Class Action on Behalf of Coupang, Inc. Investors
Globenewswire· 2025-12-23 22:12
Core Viewpoint - Coupang, Inc. is facing a class action lawsuit due to a significant data breach affecting 33.7 million customer accounts, leading to a decline in stock prices and the resignation of its CEO [1][3][4]. Group 1: Legal Actions - The Portnoy Law Firm is advising Coupang investors to join a class action lawsuit for those who purchased securities between August 6, 2025, and December 16, 2025, with a deadline to file a lead plaintiff motion by February 17, 2026 [1]. - Investors can contact the Portnoy Law Firm for a complimentary case evaluation and to discuss options for recovering losses [2]. Group 2: Data Breach Incident - On November 30, 2025, it was reported that Coupang apologized for a data breach involving unauthorized access to personal information from 33.7 million customer accounts, resulting in a stock price drop of $1.51 (5.36%) to close at $26.65 on December 1, 2025 [3]. - Following the breach, on December 10, 2025, the CEO of Coupang resigned, and a police raid occurred at the company's Seoul offices, causing the stock price to fall by $0.87 (3.2%) to close at $26.06 [4]. - On December 16, 2025, Coupang acknowledged the breach in a filing with the U.S. Securities and Exchange Commission, revealing that a former employee may have accessed sensitive information for up to 33 million accounts, leading to a further stock price decline of $0.47 (2.03%) to close at $22.72 on December 17, 2025 [5].
CPNG ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Coupang, Inc. Investors
Businesswire· 2025-12-19 23:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Coupang, Inc. ("Coupang†or the "Company†) (NYSE:CPNG) securities during the period of August 6, 2025 through December 16, 2025, inclusive ("the Class Period†). If you suffered a loss on your Coupang investments, you have until February, 17, 2026 to request lead plaintiff appointment. For more information: [CONTACT THE FIRM IF YOU SUFFERED A LOSS] What Is ...
X @Bloomberg
Bloomberg· 2025-12-15 02:50
Coupang’s founder Bom Kim told South Korean lawmakers he won’t attend this week’s parliamentary hearing on the country’s largest-ever data breach, blaming his busy schedule https://t.co/a6GJRWY9lW ...
Coupang CEO Resigns Over Data Breach in South Korea
WSJ· 2025-12-10 07:26
Group 1 - The South Korean e-commerce company reported unauthorized access to its digital data, affecting personal information of approximately 33.7 million individuals [1]
X @Bloomberg
Bloomberg· 2025-12-05 15:34
Twin brothers who were the subjects of a Bloomberg investigation related to the breach of databases containing FOIA and other government data were charged with computer crimes this week. https://t.co/yvrFnSstCu ...
Do owners of Pro Medicus (ASX:PME) shares need to worry about a data breach?
Rask Media· 2025-12-04 00:15
Pro Medicus Limited (ASX:PME) shares are currently down around 1% after responding to reports of a data breach.Pro Medicus provides medical imaging and communication systems software and services to hospitals, imaging centres and healthcare groups globally. In 2009 it acquired Visage Imaging and transformed it into a global provider of medical imaging solutions.Response to data breach speculationToday, Pro Medicus responded to speculation overnight about a data breach. This breach impacted its subsidiary Vi ...