Coupang Investors Face Feb. 17 Deadline in Securities Suits Over Massive Data Breach

Overview

• Notices issued Jan. 21–23 by Robbins LLP, The Gross Law Firm, Kirby McInerney, Levi & Korsinsky, and Hagens Berman invite investors to seek lead‑plaintiff status before the court’s Feb. 17 cutoff.
• The complaints allege Coupang understated its cybersecurity controls and failed to promptly file a current report with the SEC after learning of the breach, as Korean regulators opened investigations.
• Filings state a former employee retained access for nearly six months, compromising personal data linked to roughly 33–33.7 million accounts.
• Plaintiffs point to stock declines following the Nov. 29 breach reports, Dec. 10 coverage of the South Korea chief’s resignation, and Coupang’s Dec. 16 Form 8‑K.
• Class periods differ across cases—some starting April 6 and others May 7, 2025—potentially affecting investor eligibility for any recovery.