#United States #New York #Class Action #Cybersecurity #Coupang

The Gross Law Firm Takes Action for Coupang Shareholders

In a significant development for stakeholders of Coupang, Inc. (NYSE: CPNG), The Gross Law Firm has announced the initiation of a Securities Class Action lawsuit. This legal action primarily targets shareholders who acquired Coupang shares during a specified class period from May 7, 2025, to December 16, 2025. The firm is urging affected stakeholders to step forward and register for participation in this crucial litigation.

Overview of the Allegations

The lawsuit’s claims stem from allegations that during the specified timeframe, Coupang's management disregarded essential cybersecurity protocols. It has been reported that a former employee accessed sensitive customer information for an extended duration of nearly six months without being detected. The implications of these security lapses are extensive, exposing the company to increased regulatory scrutiny and potential legal repercussions.

Moreover, the complaint notes that when Coupang became aware of this serious data breach, there was no immediate filing made with the U.S. Securities and Exchange Commission (SEC), which is a violation of mandatory reporting rules. Consequently, the firm's public statements up to that point were deemed misleading and lacked transparency, raising questions about the integrity of the information provided to investors.

Important Deadlines for Investors

Shareholders interested in this class action are advised to act quickly. The deadline for potential lead plaintiffs to come forward is February 17, 2026. Registration is necessary to participate in the proceedings, and it offers investors a chance to stay informed through portfolio monitoring software that will provide updates throughout the legal process.

As stated by The Gross Law Firm, participation in this case carries no financial risk, and there is no obligation to contribute funds to be a part of this pivotal class action.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its dedication to protecting investor rights. The firm operates with a mission to hold corporations accountable for any deceitful practices that can compromise shareholder interests. By engaging in this class action, shareholders can exercise their rights and seek restitution for any losses incurred due to potentially fraudulent business conduct.

As the firm emphasizes, adherence to responsible business practices and corporate citizenship is critical in safeguarding investor trust. Through this class action, stakeholders hope to make a significant impact on promoting transparency and accountability within Coupang.

For those wanting to take action, registration is simple and can be completed online. Additionally, affected investors can reach out to The Gross Law Firm’s dedicated team for more information or assistance regarding their case.

Contact Information:
For more details about this class action, shareholders can contact The Gross Law Firm directly:

• - Address: 15 West 38th Street, 12th floor, New York, NY 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

In conclusion, Coupang shareholders should be proactive in registering for this class action to ensure their voices are heard and their rights protected in light of these serious allegations. The Gross Law Firm is committed to supporting all investors in navigating this legal landscape.