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The lawsuit alleges Coupang failed to disclose inadequate cybersecurity that exposed about 33 million customer accounts, violating securities laws during the May-Dec 2025 period.

  • On Jan. 07, 2026, Saxena White P.A. filed a class action against Coupang, alleging violations under Sections 10 and 20 related to a data breach affecting 33.7 million accounts.
  • Plaintiffs allege that Coupang, Inc. failed to maintain adequate cybersecurity procedures and that unauthorized access began on June 24, 2025, exposing customer personal information.
  • Market reaction included Coupang common stock falling $1.51 on Dec. 1, 2025, and CEO Park Dae-joon resigning on Dec. 10, 2025.
  • The complaint expands the class period in the related Barry v. Coupang, Inc. to May 7, 2025–December 16, 2025, and investors must file lead‑plaintiff motions by February 17, 2026.
  • The company disclosed an intrusion affecting about 33.7 million customer accounts and said a former employee may have obtained data for up to 33 million accounts; Korean regulators have initiated investigations, and Saxena White P.A. has a strong recovery track record.
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Benzinga broke the news in New York, United States on Wednesday, January 7, 2026.
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