Overview
- Rosen Law Firm and Bernstein Liebhard have filed securities class actions in the U.S. District Court for the Northern District of California on behalf of investors who bought Coupang shares between Aug. 6 and Dec. 16, 2025.
- The court issued summonses to Coupang Inc., founder Bom Kim and CFO Gaurav Anand, with a case management statement due March 13, 2026 and an initial conference set for March 20, 2026.
- Complaints allege inadequate cybersecurity let a former employee or unauthorized actor access customer data for nearly six months, including names, phone numbers, emails and delivery addresses.
- Plaintiffs cite Coupang’s Nov. 18 detection of unauthorized access and its Dec. 16 Form 8-K filing to argue the company failed to make a timely material incident report under SEC rules.
- A Rosen attorney said investors worldwide who purchased Coupang’s NYSE-listed shares may join the case, with lead-plaintiff motions due by Feb. 17, 2026.