#USA #New York #Gross Law Firm #Securities Class Action #Coupang

Coupang, Inc. Shareholder Class Action Overview

In recent developments, the Gross Law Firm has taken significant legal action on behalf of shareholders of Coupang, Inc. (NYSE: CPNG). This class action lawsuit targets the company's handling of sensitive customer data and aims to provide a legal avenue for affected investors to seek justice.

Who Should Participate?

Shareholders who purchased CPNG shares during the class period from May 7, 2025, to December 16, 2025 are encouraged to register with the Gross Law Firm. This provides an opportunity for these investors to be involved in the proceedings and potentially recover losses resulting from the alleged misconduct.

Allegations Against Coupang

The core allegations include:
1. Inadequate Cybersecurity Measures: The lawsuit contends that Coupang failed to maintain sufficient cybersecurity protocols, allowing a former employee to access critical customer information without detection for six months.
2. Regulatory and Legal Scrutiny: This breach allegedly exposed Coupang to increased regulatory attention and potential legal ramifications, yet the company did not disclose this risk to shareholders in a timely manner.
3. False or Misleading Statements: Defendants supposedly made misleading statements regarding the company's operational and security standards, failing to report the data breach per the requirements of the U.S. Securities and Exchange Commission (SEC).
4. Omission of Material Information: The failure to disclose these significant risks resulted in Coupang’s public statements being materially false during the entire period.

Key Dates to Remember

The registration to be a part of this class action is vital, especially with the deadline set for February 17, 2026. Shareholders should not miss this chance to register their involvement.

Next Steps for Shareholders

Registered participants will receive updates about the case's developments through portfolio monitoring software established by the Gross Law Firm. Importantly, the firm emphasizes that there is no obligation or cost for shareholders who want to take part.

Why Choose the Gross Law Firm?

The Gross Law Firm is reputed for its dedication to protecting investors' rights when they suffer losses due to fraudulent activities or unethical practices by companies. With a strong track record in handling class action lawsuits, they assure that responsible business practices are upheld across all industries.

Contact Information

For further details or to register, shareholders can reach out through the following contact methods:

• - Email: [email protected]
• - Phone: (646) 453-8903

This legal action might be a crucial opportunity for Coupang shareholders to claim the compensation they deserve amid serious concerns about the company’s security protocols. By keeping abreast of the evolving legal landscape, investors can stand a better chance of mitigating losses incurred during the class period.