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flag Coupang faces a class action lawsuit for hiding a 33.7 million-account data breach for months, causing billions in stock loss and the CEO’s resignation.

flag A class action lawsuit has been filed against Coupang, Inc., alleging the company misled investors about its cybersecurity measures, failing to disclose a data breach affecting up to 33.7 million accounts for nearly six months. flag The breach, linked to a former employee accessing customer data using valid credentials, was first internally detected in November 2025 and publicly disclosed on December 16, 2025, after regulatory scrutiny. flag The company’s stock dropped significantly, losing over $8 billion in market value, and led to the CEO’s resignation. flag Investors who bought Coupang stock between May 7 and December 16, 2025, may qualify to join the lawsuit, with a February 17, 2026, deadline to apply as lead plaintiff.

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