Pomerantz LLP Advises Investors of Class Action Involving Coupang, Inc. – CPNG

NEW YORK CITY, NY / ACCESS Newswire / December 23, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against Coupang, Inc. ("Coupang" or the "Company") . Such investors are advised to contact Danielle Peyton at 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Coupang and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.You have until February 17, 2026 to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Coupang securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.[Click here for information about joining the class action]On November 30, 2025, Reuters published an article reporting that Coupang had "apologized . . . over the breach of personal information from 33.7 million customer accounts through unauthorized data access" and that the government of South Korea had "held an emergency meeting" to "look[] into whether Coupang violated safety rules regarding personal information protection[.]"On this news, Coupang's stock price fell $1.51 per share, or 5.36%, to close at $26.65 per share on December 1, 2025.Then, on December 10, 2025, the New York Times published an article reporting that Coupang's Chief Executive Officer had resigned in connection with the data breach and providing additional details on the fallout from the data breach, including a police raid on Coupang's offices in Seoul.On this news, Coupang's stock price fell $0.87 per share, or 3.2%, to close at $26.06 per share on December 10, 2025.Then, on December 16, 2025, Coupang acknowledge the breach in a filing with the U.S. Securities and Exchange Commission and revealed that the South Korean regulatory and law enforcement investigations uncovered that "a former employee may have obtained the name, phone number, delivery address, and email address associated with up to 33 million customer accounts, and certain order histories for a subset of the impacted accounts."On this news, Coupang's stock price fell $0.47 per share, or 2.03%, to close at $22.72 per share on December 17, 2025.Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.Attorney advertising. Prior results do not guarantee similar outcomes.SOURCE: Pomerantz LLPView the original press release on ACCESS Newswire