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].

SAN FRANCISCO, Dec. 23, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit styled Barry v. Coupang, Inc., et al., No. 5:25-cv-10795 (N.D. Cal.) has been filed, seeking to represent investors in Coupang, Inc. (NYSE: CPNG) who purchased or otherwise acquired Coupang securities between August 6, 2025 and December 16, 2025. The lawsuit comes in the wake of reports of Coupang’s massive data breach and the company’s alleged delay in disclosing it. The unfolding news has driven the price of Coupang shares ...