Overview

A class action lawsuit has been filed against Coupang, Inc., (“Coupang,” or the “Company”) (NYSE : CPNG) and the Company’s senior executive officer alleging violations of federal securities laws. The Coupang lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired Coupang securities between August 6, 2025, and December 16, 2025, both dates inclusive (the “Class Period”). Investors have until February 17, 2026, to seek appointment as lead plaintiff of the Coupang class action lawsuit.

Coupang, is one of the fastest-growing technology and commerce companies in the world, providing retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play and Farfetch.

The lawsuit alleges Coupang made false and/or misleading statements and/or failed to disclose that: (1) Coupang had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without being detected; (2) the Company’s inadequate protocols subjected Coupang to a materially heightened risk of regulatory and legal scrutiny; (3) after becoming aware of the breach, Coupang did not report it in a current report filing (to be filed with the U.S. Securities and Exchange Commission (the “SEC”)) in compliance with applicable reporting rules; and (4) as a result, defendants’ public statements were materially false and/or misleading at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

The truth was revealed on November 30, 2025, when Reuters published an article entitled “Top South Korean e-commerce firm Coupang apologises over massive data breach.” The article stated that Coupang had “apologised on Sunday over the breach of personal information from 33.7 million customer accounts through unauthorized data access.” On this news, the price of Coupang common stock fell $1.51 per share, or 5.36%, to close at a price of $26.65 per share on December 1, 2025. Over the next two weeks, news continued to break about the Coupang Data Breach, and as a result the price of Coupang common stock fell to a closing price of $22.72 per share on December 17, 2025.

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If you purchased or otherwise acquired Coupang securities between August 6, 2025, and December 16, 2025, and you wish to serve as lead plaintiff in this lawsuit, you are encouraged to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt attorneys Brian O’Mara or Hani Farah by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as a lead plaintiff in the Coupang lawsuit is February 17, 2026.