SAN DIEGO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Coupang, Inc. (NYSE: CPNG) securities between April 6, 2025 and December 16, 2025. Coupang describes itself as one of the fastest-growing technology and commerce companies in the world, providing retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, ...

Group 1 - A class action has been filed on behalf of investors who purchased Coupang, Inc. (NYSE: CPNG) securities between April 6, 2025, and December 16, 2025 [1] - Coupang is described as one of the fastest-growing technology and commerce companies globally, offering services such as retail, restaurant delivery, video streaming, and fintech under various brands [1] Group 2 - Robbins LLP is investigating allegations that Coupang failed to disclose a material cybersecurity event, which included inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months [2] - The allegations also state that Coupang was subjected to a heightened risk of regulatory and legal scrutiny due to this data breach and failed to report it in compliance with applicable reporting rules [2] - Following the revelation of the data breach, Coupang's stock price fell, negatively impacting investors [2] Group 3 - Shareholders interested in serving as lead plaintiffs in the class action must submit their papers to the court by February 17, 2026 [3] - Participation in the case is not required to be eligible for recovery, and shareholders can choose to remain absent class members [3] Group 4 - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [4] - The firm has been dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4]

Core Viewpoint - A class action has been filed against Coupang, Inc. for failing to disclose a significant cybersecurity event that impacted the company, leading to a decline in stock price and harming investors [1][2]. Group 1: Allegations - Coupang allegedly had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without detection [2]. - The company is accused of not reporting the data breach in compliance with applicable reporting rules to the U.S. Securities and Exchange Commission [2]. - The failure to disclose these issues subjected Coupang to increased regulatory and legal scrutiny [2]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Coupang and can contact Robbins LLP if they wish to serve as lead plaintiff [3]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [3]. Group 3: Company Background - Coupang is described as one of the fastest-growing technology and commerce companies globally, offering services in retail, restaurant delivery, video streaming, and fintech under various brands [1].

Core Viewpoint - A securities class action lawsuit has been filed against Coupang, Inc. due to a significant data breach and alleged delays in disclosure, which have negatively impacted the company's stock price [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to represent investors who acquired Coupang securities between August 6, 2025, and December 16, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [4]. - The lawsuit questions whether Coupang misled investors regarding the adequacy of its cybersecurity protocols and the timeliness of its disclosures related to cybersecurity incidents [4]. Group 2: Data Breach Incident - Coupang experienced a data breach affecting approximately 33.7 million customers, which was reported on November 30, 2025 [5]. - The breach was first detected on November 18, 2025, and was attributed to a former employee who retained access credentials after leaving the company in 2024 [6][7]. - Following the breach, Coupang's CEO of its South Korean e-commerce unit resigned, and South Korean police conducted raids on Coupang's offices [6]. Group 3: Financial Impact - Since the breach was reported, Coupang has lost over $8 billion in market capitalization [9]. - The company warned that it could face material financial losses due to potential revenue loss and increased expenses, including regulatory penalties [8].

Group 1 - A class action has been filed on behalf of investors who purchased Coupang, Inc. (NYSE: CPNG) securities between April 6, 2025, and December 16, 2025 [1] - Coupang is described as one of the fastest-growing technology and commerce companies globally, offering services in retail, restaurant delivery, video streaming, and fintech under various brands [1] - Allegations include that Coupang failed to disclose a material cybersecurity event, which allowed a former employee to access sensitive customer information for nearly six months without detection [2] Group 2 - The complaint states that Coupang had inadequate cybersecurity protocols, leading to a heightened risk of regulatory and legal scrutiny [2] - It is alleged that when Coupang became aware of the data breach, it did not report it in compliance with applicable reporting rules to the U.S. Securities and Exchange Commission [2] - Following the revelation of the breach, Coupang's stock price fell, negatively impacting investors [2]

Core Viewpoint - A securities class action lawsuit has been filed against Coupang, Inc. due to a significant data breach and alleged delays in disclosure, leading to a substantial decline in the company's stock price [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to represent investors who acquired Coupang securities between August 6, 2025, and December 16, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [4]. - The lawsuit questions whether Coupang misled investors regarding the adequacy of its cybersecurity protocols and the timeliness of its disclosures related to cybersecurity incidents [4][9]. Group 2: Data Breach Incident - Coupang experienced a data breach affecting approximately 33.7 million customers, which was reported on November 30, 2025 [5]. - The breach was first detected on November 18, 2025, and was attributed to a former employee who retained access credentials after leaving the company in 2024 [6][7]. - Following the breach, Coupang's CEO of its South Korean e-commerce unit resigned, and South Korean police conducted raids on Coupang's offices [6]. Group 3: Financial Impact - Since the breach was reported, Coupang has lost over $8 billion in market capitalization [9]. - The company warned of potential material financial losses due to revenue loss and increased expenses, including regulatory penalties [8].

Core Viewpoint - A class action has been filed against Coupang, Inc. for failing to disclose a significant cybersecurity event that impacted the company, leading to a decline in stock price and harming investors [2]. Group 1: Class Action Details - The class action is on behalf of all investors who purchased Coupang securities between April 6, 2025, and December 16, 2025 [1]. - Robbins LLP is investigating allegations that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [2]. - The complaint states that Coupang did not report the data breach in compliance with applicable reporting rules, which heightened the risk of regulatory and legal scrutiny [2]. Group 2: Participation and Representation - Shareholders interested in serving as lead plaintiff for the class action should contact Robbins LLP, as the lead plaintiff represents other class members in directing the litigation [3]. - Investors do not need to participate in the case to be eligible for recovery, and they can remain absent class members if they choose not to take action [3]. Group 3: Company Background - Coupang is described as one of the fastest-growing technology and commerce companies globally, offering services in retail, restaurant delivery, video streaming, and fintech under various brands [1].

Core Viewpoint - A securities class action lawsuit has been filed against Coupang, Inc. due to a significant data breach and alleged delays in disclosure, which have negatively impacted the company's stock price [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to represent investors who acquired Coupang securities between August 6, 2025, and December 16, 2025 [1][4]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [4]. - The lawsuit questions whether Coupang misled investors regarding the adequacy of its cybersecurity protocols and the timeliness of its disclosures related to cybersecurity incidents [4]. Group 2: Data Breach Incident - Coupang experienced a data breach affecting approximately 33.7 million customers, which was reported on November 30, 2025 [5]. - The breach was attributed to a former employee who retained access credentials after leaving the company in 2024 [7]. - Coupang first detected the breach on November 18, 2025, and subsequently faced scrutiny from South Korean authorities [6][8]. Group 3: Financial Impact - Since the breach was reported, Coupang's market capitalization has decreased by over $8 billion [9]. - The company warned of potential material financial losses due to revenue loss and increased expenses, including regulatory penalties [8].

Core Viewpoint - A securities class action lawsuit has been filed against Coupang, Inc. due to a significant data breach and alleged delays in disclosure, leading to a substantial decline in the company's stock price [1][2]. Group 1: Lawsuit Details - The lawsuit, Barry v. Coupang, Inc., seeks to represent investors who acquired Coupang securities between August 6, 2025, and December 16, 2025 [1][4]. - The lead plaintiff deadline for the lawsuit is set for February 17, 2026 [4]. Group 2: Data Breach Incident - Coupang experienced a data breach affecting approximately 33.7 million customers, which was reported on November 30, 2025 [5]. - The breach was attributed to a former employee who retained access credentials after leaving the company in 2024 [7]. - Coupang first detected the breach on November 18, 2025, and subsequently confirmed the incident in an interim report filed on December 16, 2025 [8]. Group 3: Financial Impact - Since the breach was reported, Coupang has lost over $8 billion in market capitalization [9]. - The company warned of potential material financial losses due to revenue loss and increased expenses, including regulatory penalties [8]. Group 4: Company Background - Coupang provides a range of services including retail, restaurant delivery, video streaming, and fintech under various brands [4]. - The company has emphasized its commitment to cybersecurity, claiming to have built capabilities to securely transmit sensitive information [4].

Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for failing to disclose a significant cybersecurity event that impacted the company, leading to a decline in stock price and harming investors [1][2]. Group 1: Allegations - The lawsuit alleges that Coupang had inadequate cybersecurity protocols, allowing a former employee to access sensitive customer information for nearly six months without detection [2]. - The company is accused of not reporting the data breach in compliance with applicable reporting rules, which heightened the risk of regulatory and legal scrutiny [2]. - Following the revelation of the breach, Coupang's stock price experienced a decline, negatively affecting investors [2]. Group 2: Class Action Participation - Shareholders who purchased Coupang securities between April 6, 2025, and December 16, 2025, may be eligible to participate in the class action [1][3]. - Interested shareholders can contact Robbins LLP to serve as lead plaintiff, representing other class members in the litigation [3]. - Shareholders can choose to remain absent from the case while still being eligible for recovery [3]. Group 3: Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [4]. - The firm has been dedicated to shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [4].