#United States #New York #Class Action #Securities Fraud #Coupang Inc.

Coupang Inc. Shareholders Targeted in Class Action Fraud Case

Coupang Inc. (NYSE: CPNG), one of South Korea's leading e-commerce platforms, has recently found itself at the center of a significant legal issue. Investors who suffered financial losses due to alleged securities fraud are being encouraged to take action as a class action lawsuit unfolds. This legal move, spearheaded by the law firm Levi & Korsinsky, aims to address grievances regarding the company's handling of sensitive customer data and the subsequent risks that were not disclosed to shareholders.

Overview of the Class Action

The lawsuit, initiated by Levi & Korsinsky, targets investors adversely affected by purported securities fraud that transpired between May 7, 2025, and December 16, 2025. According to the complaint, several alarming issues regarding Coupang's cybersecurity measures have been brought to light. It is alleged that a former employee was able to access sensitive customer information over a six-month span without detection due to inadequate cybersecurity protocols. This breach could have severe regulatory and legal implications that were not reported to shareholders at the time.

Key Allegations

Several key points form the backbone of the allegations against Coupang:
1. Inadequate Cybersecurity: The company is accused of lacking proper cybersecurity measures, which allowed unauthorized access to sensitive customer data.
2. Failure to Disclose Risks: Once the data breach was discovered, Coupang reportedly did not inform shareholders or file the necessary current report with the U.S. Securities and Exchange Commission (SEC) as required by law.
3. False Public Statements: The lawsuit claims that the public statements made by Coupang's leadership were misleading and failed to reflect the true nature of the company’s operational risks.

Next Steps for Affected Investors

If you are an investor who experienced financial losses during the specified timeframe, the law firm encourages you to consider joining the class action by February 17, 2026. Participation in this class action does not necessitate that you formally serve as the lead plaintiff, allowing multiple investors to seek compensation from any settlements that arise.

Levi & Korsinsky assures potential participants that there is no cost to take part. Shareholders should not incur any out-of-pocket expenses; any valid claims can be pursued without financial burden to the investor. Interested parties may reach out to the firm via a submission link or directly through contact methods listed on their official site.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has garnered a reputation over the last two decades for achieving remarkable results for aggrieved shareholders. The firm has vast experience in handling complex securities litigation, demonstrating a strong track record with several high-stakes cases. Their representation of investors has led to settlements and awards amounting to hundreds of millions of dollars. The firm employs a dedicated team, ensuring each case receives the attention it deserves, exemplifying their commitment to their clients.

Contact Information

For more detailed information or assistance, affected investors can contact Joseph E. Levi, Esq. at Levi & Korsinsky via phone or email. They are based at 33 Whitehall Street, 27th Floor, New York, NY 10004.

As the class action moves forward, it will be crucial for affected investors to stay informed and engage with legal experts to protect their interests. With implications for Coupang's future operational integrity hanging in the balance, this lawsuit could serve as a pivotal moment for the company's stakeholders.

Being proactive in these scenarios is vital, so don’t hesitate to seek the information and support that can help you navigate your rights as a shareholder.