TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

CPNG Stockholders with Large Losses Should Contact Robbins LLP for Information About Leading the Coupang, Inc. Securities Class Action

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Robbins Llp
CPNG Stockholders with Large Losses Should Contact Robbins LLP for Information About Leading the Coupang, Inc. Securities Class Action

Robbins LLP has filed class action lawsuits against three companies: Coupang, Inc. for failing to disclose a material cybersecurity breach involving unauthorized employee access to customer data; Charming Medical, Limited for engaging in a fraudulent stock promotion scheme; and Integer Holdings Corporation for misleading investors regarding product demand. Shareholders with significant losses are encouraged to contact the firm.

Insights
SXTPW   neutral

Mixed financial performance with revenue growth but increased losses, ongoing research and development efforts, and strategic partnerships indicate potential future opportunities


CPNG   negative

Company failed to disclose inadequate cybersecurity protocols that allowed unauthorized access to sensitive customer data for six months and failed to report the breach in compliance with SEC rules, resulting in stock price decline and investor harm.