#United States #Class Action #San Francisco #Coupang #CPNG

Coupang Investors Have Chance to Lead Class Action Lawsuit

On January 20, 2026, national shareholder rights firm Hagens Berman announced that investors in Coupang, Inc. (NYSE: CPNG) are now in a position to lead a class action lawsuit against the company. This opportunity arises due to significant losses alleged to have been caused by misleading information related to cybersecurity breaches within the organization.

Background of the Allegations

The lead plaintiff deadline for this class action lawsuit is set for February 17, 2026. The firm is currently scrutinizing claims that Coupang misrepresented its cybersecurity protocols and did not disclose a serious breach. This breach allegedly allowed unauthorized access to a vast amount of sensitive customer data, raising alarm among stakeholders.

Coupang investors who purchased securities between May 7, 2025, and December 16, 2025, and subsequently incurred substantial losses, are encouraged to contact the firm. It is crucial for these investors to take action as they may recover some of their losses through the class action suit.

Details of the Cybersecurity Breach

In late November 2025, Coupang publicly acknowledged that its systems had been compromised, leading to unauthorized access to personal data affecting approximately 33.7 million customer accounts in Korea. This breach reportedly began on June 24, 2025, through overseas servers, indicating a significant lapse in the company’s security measures. The depth of this breach suggests that the technical and administrative safeguards promised to investors may have been inadequate or ineffectively monitored.

Executive Resignations

The situation escalated on December 10, 2025, when Coupang announced the resignation of its CEO, Park Dae-joon, in connection to the data leak incident. In his place, the company appointed Harold Rogers, its Chief Administrative Officer and General Counsel, as interim CEO. This staffing change reflects the severe impact the breach has had on the company’s governance and overall image.

The issues around Coupang’s cybersecurity practices have attracted regulatory scrutiny, as Korean regulators launched investigations into the incident. On December 16, 2025, Coupang admitted that they first became aware of the breach 11 days prior to its public announcement, further eroding trust from investors.

Investigative Practices by Hagens Berman

Hagens Berman’s investigation will explore whether Coupang was aware of its cybersecurity vulnerabilities but failed to act transparently with investors. Reports have emerged indicating that a former employee may have exploited authentication keys that should have been deactivated, potentially pointing to negligence in their security management.

Lead Plaintiff Deadline and Whistleblower Options

The impending class action has a lead plaintiff deadline of February 17, 2026, enabling class members the opportunity to petition the court to spearhead the litigation. Individuals with non-public knowledge related to Coupang’s practices are encouraged to engage with this investigation, and whistleblower protections and rewards could be applicable under certain SEC programs, incentivizing disclosures that could aid in uncovering the facts.

Hagens Berman has established itself as a significant player in championing investors' rights, successfully securing over $2.9 billion for clients through various litigations. The firm specializes in addressing corporate accountability and advocating for transparency in the business practices of publicly traded companies.

As this situation unfolds, Coupang investors will need to stay alert and proactive. Engaging in the class action lawsuit could not only help achieve compensation for losses but also hold Coupang accountable for their operational failings concerning customer data security.

To learn more details about the allegations or to connect with Hagens Berman regarding potential claims, interested parties are encouraged to follow the links provided by the firm and stay informed as the investigation continues.