Investigation announced for Long-Term Investors in shares of Coupang, Inc. (NYSE: CPNG) Long over potential Wrongdoing

An investigation was announced for current long-term investors in shares of Coupang, Inc. (NYSE: CPNG) concerning potential breaches of fiduciary duties by certain directors and officers of Coupang, Inc.

Investors who are current long term investors in Coupang, Inc. (NYSE: CPNG) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: CPNG stocks follows a lawsuit filed against Coupang, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: CPNG stocks, concerns whether certain Coupang, Inc. directors are liable in connection with the allegations made in that lawsuit.

Seattle, WA based Coupang, Inc., together with its subsidiaries, owns and operates retail business through its mobile applications and internet websites in South Korea and internationally. Coupang, Inc. (NYSE: CPNG) reported that its annual Total Revenue rose from over $24.38 billion in 2023 to over $30.26 billion in 2024, and that its Net Income declined from $1.36 billion in 2023 to $154 million in 2024.

On November 20, 2025, Yonhap News, a South Korean news agency, published an article stating that Coupang reported to the government "a data leakage incident that exposed the personal information of about 4,500 customers."

Then, on November 29, 2025, Yonhap News reported that Coupang "confirmed personal information from 33.7 million customer accounts was exposed, far higher than the 4,500 accounts initially believed to be affected." Additionally, the Yonhap News article quoted Coupang as stating "[u]nauthorized access to delivery-related personal information for the affected accounts appears to have been made through overseas servers since June 24."

The New York Times published an article on December 10, 2025, entitled "C.E.O. Resigns in Fallout Over Massive South Korean Data Breach." The article stated that the "head of the South Korean unit of the e-commerce company Coupang resigned on Wednesday, as the fallout from a data breach affecting nearly 34 million users of the online shopping site intensifies."

Shares of Coupang, Inc. (NYSE: CPNG) declined from $34.08 per share on September 18, 2025, to as low as $22.08 per share on December 23, 2025.

According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that Coupang had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without being detected, that this subjected Coupang to a materially heightened risk of regulatory and legal scrutiny, that when defendants became aware that Coupang had been subjected to this data breach, they 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 that as a result, defendants' public statements were materially false and/or misleading at all times

Those who purchased shares of Coupang, Inc. (NYSE: CPNG) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.