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News  ›  GlobeNewswire Inc.

Bronstein, Gewirtz & Grossman LLC Urges Coupang, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Coupang, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Coupang, Inc. alleging that the company made false and misleading statements regarding inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months. The lawsuit claims Coupang failed to properly report the data breach to the SEC in compliance with applicable rules. Investors who purchased Coupang securities between May 7, 2025 and December 16, 2025 are eligible to join the case, with a lead plaintiff deadline of February 17, 2026.

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The company faces a class action lawsuit alleging securities fraud due to inadequate cybersecurity protocols, unauthorized data access by a former employee, and failure to properly disclose the breach to the SEC. These allegations suggest material misstatements and regulatory violations that caused investor harm.

Keywords
#class action lawsuit #securities fraud #data breach #cybersecurity #SEC reporting violations #investor damages

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