Pomerantz Law Firm Issues Investor Alert Regarding Coupang Class Action Lawsuit and Key Deadlines

Investor Alert: Coupang, Inc. Class Action Lawsuit

Pomerantz LLP, a leading law firm known for its dedication to protecting investor rights, recently announced the initiation of a class action lawsuit against Coupang, Inc. (NYSE: CPNG). This development follows serious concerns about possible securities fraud and other unlawful business practices by the company. Investors who have experienced losses related to their Coupang investments are urged to take this situation seriously and explore their legal options.

Legal Context and Important Dates

The lawsuit is directed at Coupang and some of its officers and directors, focusing on activities that may have misled shareholders or involved illegal business conduct. Investors must act quickly; the deadline to join the class action is February 17, 2026. Interested individuals are encouraged to contact Pomerantz at their listed phone number or email, providing their contact details and the number of shares they purchased to facilitate the process.

Background on the Allegations

The legal proceedings come on the heels of alarming reports surrounding Coupang's data privacy practices. On November 30, 2025, Reuters revealed that Coupang had publicly apologized for a significant data breach that exposed sensitive information from 33.7 million customer accounts due to unauthorized access. This prompted South Korean authorities to investigate whether Coupang had violated personal data protection regulations.

The ramifications of this breach were immediate. Following the news, Coupang's stock price plunged by $1.51, a 5.36% decrease, closing at $26.65 a share the following day.

Later, further turmoil struck the company on December 10, when the New York Times reported the resignation of Coupang's CEO, attributed to the fallout from the breach, which included a police raid on the company's headquarters in Seoul. Consequently, Coupang's stock fell again, losing $0.87 per share, marking an additional 3.2% drop.

In a filing with the U.S. Securities and Exchange Commission on December 16, 2025, the company acknowledged the breach and disclosed details about the extent of the compromised data. The findings mentioned that a former employee gained access to names, phone numbers, delivery addresses, emails, and order histories of various affected accounts. Following this announcement, Coupang's shares fell further to close at $22.72, down 2.03%.

Pomerantz LLP's Role and Reputation

Pomerantz LLP has a long-standing reputation in the legal domain, particularly regarding corporate, securities, and antitrust class litigation. Established by the legendary Abraham L. Pomerantz, the firm continues its legacy of advocating for the rights of investors and victims of corporate misconduct. With offices not just in the United States but also across London, Paris, and Tel Aviv, Pomerantz represents numerous class action lawsuits, securing significant settlements for affected parties.

It is crucial for investors to remain vigilant and proactive in protecting their interests, especially in light of the potential implications associated with this lawsuit. Those affected are encouraged to act swiftly, reach out to Pomerantz, and consider joining the class action to potentially recover their losses.

Final Thoughts

Investors should take note of this situation and understand their rights in the aftermath of Coupang's challenges. The current legal actions not only demonstrate the necessity of corporate accountability in today’s data-driven economy but also underscore investors' rights to seek justice for alleged wrongdoing. As the case progresses, stakeholders will need to stay informed and engaged with the ongoing developments surrounding Coupang and Pomerantz's class actions.

For further information and a copy of the lawsuit, investors are invited to explore Pomerantz’s official website at www.pomerantzlaw.com.