15:49 ET Coupang (CPNG) Hit With Securities Class Action Amid Massive Data Breach, Questions About Timely Disclosure, Executive Departure - Hagens Berman

prnewswire
2025.12.27 20:50
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A securities class action lawsuit has been filed against Coupang, Inc. following a massive data breach and alleged delayed disclosure. The lawsuit, Barry v. Coupang, Inc., seeks to represent investors who acquired Coupang securities between August 6, 2025, and December 16, 2025. The breach affected 33.7 million customers, leading to significant stock price declines and an investigation by Hagens Berman. The lawsuit questions Coupang's cybersecurity protocols and disclosure practices, with potential financial losses and regulatory penalties looming.