Coupang Securities Fraud Class Action Reminder
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
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.
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Analyst Views on CPNG
Wall Street analysts forecast CPNG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPNG is 33.83 USD with a low forecast of 22.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 19.990
Low
22.00
Averages
33.83
High
40.00
Current: 19.990
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.
Coupang Securities Fraud Class Action Reminder
- 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.
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