Coupang Securities Fraud Class Action Reminder
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 02 2026
0mins
Should l Buy CPNG?
Source: Globenewswire
- Lawsuit Background: Coupang, Inc. (NYSE: CPNG) is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with plaintiffs claiming misrepresentations regarding the company's cybersecurity protocols, which could undermine investor confidence.
- Investor Rights: Investors must file papers by February 17, 2026, to serve as lead plaintiffs in the class action; those who take no action will remain absent class members and may miss out on any potential recovery.
- Law Firm Overview: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993, focusing on representing individual investors and large public and private pension funds, showcasing its extensive experience in class action litigation.
- Fee Structure: All representation is on a contingency fee basis, meaning shareholders incur no fees or expenses, which reduces the financial burden on investors and encourages more affected parties to seek legal recourse.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CPNG?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CPNG
Wall Street analysts forecast CPNG stock price to rise
6 Analyst Rating
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 18.360
Low
22.00
Averages
33.83
High
40.00
Current: 18.360
Low
22.00
Averages
33.83
High
40.00
About CPNG
Coupang, Inc. is a technology company that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands, such as Coupang, Coupang Eats, Coupang Play, Farfetch, and Rocket Now. Through its AI cloud computing service as Coupang Intelligent Cloud (CIC), it enhances its services and operations and provides GPU-as-a-Service (GPUaaS), including to external parties. Its Product Commerce segment includes its core Korean retail (owned inventory) and marketplace offerings (third-party merchants) and Rocket Fresh, its fresh grocery offering, as well as advertising products associated with these offerings. Its Developing Offerings include Coupang Eats, its restaurant ordering and delivery service in Korea, Coupang Play, an online content streaming service in Korea, fintech, its retail operations in Taiwan, as well as advertising products associated with these offerings, and also include Farfetch, its global luxury fashion marketplace.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Disappointing Earnings: Coupang reported a Q4 non-GAAP EPS of -$0.01, missing expectations by $0.05, indicating pressure on profitability that could affect investor confidence.
- Lackluster Revenue Growth: The company posted revenue of $8.8 billion, a 10.4% year-over-year increase, yet fell short of market expectations by $290 million, reflecting a slowdown in growth amid a competitive market.
- Decline in Adjusted EBITDA: Adjusted EBITDA for the quarter was $267 million with a margin of 3.0%, down 226 basis points from last year, highlighting intensified challenges in cost control and profitability that may impact future investment decisions.
- Stock Buyback Program: Coupang repurchased 5.9 million shares of Class A common stock for an aggregate amount of $162 million during the quarter, aiming to enhance shareholder value, though this may not effectively boost market confidence given the disappointing performance.
See More
- Data Incident Impact: CEO Bom Suk Kim highlighted during the earnings call that a former employee's illegal data access has led to a decline in customer trust, with management committing to increased investments in innovation and automation to enhance customer experience and reduce service costs.
- Financial Performance Review: The company reported Q4 net revenues of $8.8 billion, an 11% year-over-year increase, but faced a slowdown in customer engagement due to the data incident, resulting in a net loss of $26 million and a diluted loss per share of $0.01.
- Cautious Future Outlook: CFO Gaurav Anand projected adjusted EBITDA losses for 2026 to be between $950 million and $1 billion, with Q1 revenue growth expectations set between 5% and 10%, indicating a cautious stance on future financial performance.
- Taiwan Market Growth: Despite challenges, Coupang's revenues in Taiwan continued to grow at triple-digit rates, with management emphasizing ongoing strategic investments in the market to achieve profitability in the future.
See More
- Cybersecurity Incident Impact: Coupang faced a data breach in 2025 affecting 33 million users, resulting in a Q4 loss of $0.01 compared to a profit of $0.09 last year, missing profit expectations by approximately 75%.
- Compensation Commitment: The company pledged $1 billion in compensation for the affected 33 million users, offering vouchers worth up to $35 each, demonstrating Coupang's commitment to customer care and crisis management.
- Declining Financial Metrics: Despite an 11% year-over-year revenue increase in Q4, adjusted EBITDA fell to $267 million, down 37% from the previous year, compressing the adjusted EBITDA margin by 226 basis points to 3.0%, highlighting the severe impact of the cybersecurity incident on profitability.
- Cash Flow Shift: Coupang's free cash flow turned negative, dropping from $463 million in Q4 2024 to $(278 million), indicating significant financial strain during the crisis, with shares declining 3.3% in after-hours trading.
See More
- Revenue Growth: Coupang reported a revenue of $8.8 billion for Q4 2025, marking an 11% increase year-over-year, yet falling short of the $8.9 billion forecast, indicating pressure in a competitive market.
- Analyst Estimate Miss: The actual revenue did not meet analyst expectations according to LSEG SmartEstimate, highlighting challenges in the company's ability to meet market demand and drive sales.
- Market Reaction: The failure to meet expectations may negatively impact Coupang's stock price, potentially diminishing investor confidence in future performance and affecting the company's market standing.
- Strategic Reevaluation Needed: Coupang must reassess its market strategies to address intensified competition and changing consumer demands, ensuring sustained growth and profitability moving forward.
See More

- Stock Market Trends: Stock futures were declining on Thursday, indicating a downturn in the market.
- Nvidia's Earnings Impact: Nvidia's strong fourth-quarter earnings report was not enough to maintain the recent rebound in the tech sector.
See More
- Data Breach Investigation: Coupang is under scrutiny in Korea due to a large-scale data breach, which could lead to legal or financial penalties, impacting its reputation and operational environment in key markets.
- U.S. Congressional Attention: Coupang's interim CEO Harold Rogers testified before the U.S. House Judiciary Committee, indicating lawmakers' concerns about the handling of the investigation, which could frame it as discrimination against an American tech company.
- Stock Price Decline: Coupang's shares fell 2.7% in Tuesday trading and are down over 10% year-to-date, reflecting investor concerns regarding the political and regulatory risks the company faces.
- Geopolitical Implications: Should the U.S. leverage this case in trade discussions, including potential new tariffs, Coupang could become entangled in broader geopolitical disputes, exacerbating its operational challenges.
See More








