#USA #Class Action #New Orleans #ClaimsFiler #Coupang

Important Alert for Coupang Investors

Coupang, Inc. (NYSE: CPNG) continues to find itself under scrutiny as a class action lawsuit raises critical concerns regarding its corporate practices. Investors who experienced losses exceeding $100,000, especially those who purchased or acquired Coupang’s securities between May 7, 2025, and December 16, 2025, are urged to take immediate action. ClaimsFiler, a free service aimed at assisting shareholders, is notifying investors that they must file lead plaintiff applications by February 17, 2026. The lawsuits presently lodged in the United States District Courts for the Northern District of California and Western District of Washington are pivotal for investors who feel wronged.

Details of the Lawsuit

The allegations against Coupang's management focus on severe shortcomings related to cybersecurity and the failure to disclose substantial risks associated with it. It's claimed that the company did not only neglect to protect sensitive customer data but also tried to obscure the repercussions of a data breach that had occurred when a former employee accessed this information undetected for nearly six months. This breach has been cited as a potential hazard, increasing the company's exposure to regulatory scrutiny and legal repercussions.

The nature of the misleading statements and omissions, as outlined, raises serious compliance issues under federal securities laws, including:

• - Inadequate cybersecurity measures allowing unauthorized access to customer information.
• - Failure to report the incident to the Securities and Exchange Commission (SEC) as required.
• - Public statements made by the company that were misleading regarding its operational integrity and safety protections at the time.

The first lawsuit, filed under Barry v. Coupang, Inc., is the leading case, while Lee v. Coupang, Inc. has expanded the class period, further highlighting issues within the company's practices during the given timeframe.
This unravelling situation underscores the urgency for investors, particularly those with significant losses, to explore legal pathways for recovery.

Support and Resources

For investors looking for assistance or additional information, ClaimsFiler serves as an invaluable resource. The service provides the following options for shareholders:
1. Free Registration: Investors can register to access information regarding various class action cases and submit claims.
2. Portfolio Management: Upload your transaction data to receive notifications about relevant securities cases pertaining to financial interests.
3. Legal Advice: Consult with the leading law firm Kahn Swick & Foti, LLC, to evaluate your case's potential amidst these developments.

For queries or to pursue this opportunity, visit ClaimsFiler's official site or reach their support line at 844-367-9658.

Conclusion

The circumstances surrounding Coupang, Inc. must not be overlooked by shareholders, particularly those grappling with personal financial impacts stemming from these events. As the deadline approaches, it's essential to act swiftly to ensure that your rights and potential claims are preserved. Consult the necessary resources and consider your options before the deadline expires.