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Events / Coupang faces class action over data breach
Regulatory class action lawsuit

Coupang faces class action over data breach

Analysis based on 18 articles · First reported Jan 28, 2026 · Last updated Feb 12, 2026

Sentiment
-20
Attention
2
Articles
18
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

The market is negatively impacted by the news of Coupang's alleged cybersecurity failures and non-compliance, potentially leading to a decrease in Coupang's stock value. This event highlights the importance of robust cybersecurity and transparent reporting for publicly traded companies.

E-commerce Legal Services
Event Summary

The Gross Law Firm has issued a notice to shareholders of Coupang, Inc. regarding a class action lawsuit. The lawsuit alleges that Coupang had inadequate cybersecurity protocols, which resulted in a former employee accessing sensitive customer information for nearly six months undetected. Furthermore, it is claimed that Coupang failed to report this data breach to the United States===United States Securities and Exchange Commission in compliance with applicable reporting rules. The class period for the lawsuit is from May 7, 2025, to December 16, 2025, with a lead plaintiff deadline of February 17, 2026. This event could lead to significant legal and regulatory scrutiny for Coupang.

Key Actions
100 The Gross Law Firm issued notice of class action lawsuit Coupang
100 Coupang experienced a major security breach and data leak
90 Coupang had inadequate cybersecurity protocols and data breach
90 Coupang shares fell over 13%
85 Harold Rogers is under investigation for perjury
80 Coupang failed to report data breach to United States===United States Securities and Exchange Commission United States===United States Securities and Exchange Commission
80 South Korea authorities are investigating Harold Rogers Harold Rogers
70 Hagens Berman filed a securities class action lawsuit Coupang
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Entities Involved
stock
Coupang
Coupang is facing a class action lawsuit due to alleged inadequate cybersecurity protocols, a data breach, and failure to report it to the United States===United States Securities and Exchange Commission. This could lead to significant financial penalties and reputational damage, negatively impacting its stock price.
Importance 100 Sentiment -50
per
Harold Rogers
Harold Rogers, the interim CEO of Coupang, is under investigation by South Korean authorities for alleged perjury regarding statements made about the data breach at a National Assembly hearing.
Importance 80 Sentiment -90
priv
The Gross Law Firm
The Gross Law Firm is initiating and representing shareholders in a class action lawsuit against Coupang. This event enhances the firm's visibility and potential for legal fees.
Importance 70 Sentiment 50
cnt
South Korea
South Korean authorities are investigating Coupang's interim CEO, Harold Rogers, for perjury, and the South Korea===National Intelligence Service denied directing Coupang's investigation into the data breach.
Importance 50 Sentiment 0
govactor
United States===United States Securities and Exchange Commission
Coupang allegedly failed to report a data breach to the United States===United States Securities and Exchange Commission, which could lead to regulatory scrutiny and enforcement actions by the agency.
Importance 40 Sentiment 0
govactor
South Korea===National Intelligence Service
The South Korea===National Intelligence Service of South Korea denied giving any instructions to Coupang regarding its cybersecurity incident investigation, contradicting claims made by Coupang's interim CEO.
Importance 40 Sentiment 0
priv
Hagens Berman
Hagens Berman is a national shareholder rights firm that has initiated a securities class action lawsuit against Coupang, representing investors who suffered losses due to the data breach.
Importance 30 Sentiment 50
+ 1 more entities View on Dashboard
Relationships
The Gross Law Firm related ↔ Coupang
Harold Rogers related ↔ Coupang
Hagens Berman related ↔ Coupang
South Korea related ↔ Coupang
South Korea related ↔ South Korea===National Intelligence Service
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