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News  ›  GlobeNewswire Inc.

Coupang, Inc. Securities Fraud Class Action Result of Data Breach and Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kahn Swick & Foti, Llc
Coupang, Inc. Securities Fraud Class Action Result of Data Breach and Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

Coupang, Inc. faces a securities class action lawsuit for allegedly failing to disclose a material data breach where a former employee accessed sensitive customer information for nearly six months without detection. Investors who purchased securities between August 6, 2025 and December 16, 2025 can file lead plaintiff applications by February 17, 2026. The lawsuit alleges the company violated federal securities laws by not properly reporting the breach and making false public statements.

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The company is facing securities fraud allegations for inadequate cybersecurity protocols, failure to disclose a material data breach, and non-compliance with SEC reporting requirements. These violations resulted in stock decline and investor losses during the class period.