Market News (Page 8) - TendieTensor

Market News Page 8 of 235 • 5,856 articles

TLX DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Telix Pharmaceuticals Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – TLX

GlobeNewswire Inc. • Rosen Law Firm

TLX DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Telix Pharmaceuticals Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – TLX

12/23/2025 09:44 PM • Rosen Law Firm reminds investors in Telix Pharmaceuticals Ltd. (NASDAQ: TLX) who purchased securities between February 21, 2025 and August 28, 2025 of the January 9, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that Telix made materially false and misleading statements regarding progress on prostate cancer therapeutics, supply chain quality, and business prospects.

JPMpJ - Set a fresh record, stock price increased 1.90%
TLX - The company is the subject of a securities class action lawsuit alleging material misstatements and omissions regarding prostate cancer therapeutic progress, supply chain quality, and business operations. Investors who purchased during the class period may have suffered damages.

#securities class action #lead plaintiff deadline #Telix Pharmaceuticals #false statements #prostate cancer therapeutics #supply chain #investor compensation

NUAI Announcement: If You Have Suffered Losses in New Era Energy & Digital, Inc. (NASDAQ: NUAI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

GlobeNewswire Inc. • The Rosen Law Firm

NUAI Announcement: If You Have Suffered Losses in New Era Energy & Digital, Inc. (NASDAQ: NUAI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

12/23/2025 09:38 PM • The Rosen Law Firm announced an investigation into potential securities claims against New Era Energy & Digital, Inc. (NASDAQ: NUAI) following a short seller report by Fuzzy Panda Research alleging the company spent 2.5 times more on stock promotions than operating expenses and that CEO E. Will Gray II has a history of running penny stock companies into the ground. The stock fell 6.9% on December 12, 2025, following the report's release.

JPMpK - Set a fresh record, stock price increased 1.90%
NUAI - The company faces allegations of issuing materially misleading information, excessive spending on stock promotions relative to operations, and CEO's history of mismanagement. Stock declined 6.9% following the short seller report, and a securities class action investigation has been initiated.

#securities fraud #class action lawsuit #short seller report #stock promotion #penny stock #investor losses #misleading business information

Is Amazon Stock Still a Buy After Hitting All-Time Highs?

The Motley Fool • Manali Pradhan, Cfa

Is Amazon Stock Still a Buy After Hitting All-Time Highs?

12/23/2025 08:37 PM • Amazon stock has reached all-time highs but analysts believe it can continue climbing. AWS cloud services are experiencing strong growth with a $200 billion backlog driven by AI infrastructure demand, while the advertising business is becoming increasingly profitable. The company plans significant capital investments in AI infrastructure, positioning it for accelerated growth despite current valuation levels.

JPMpC - Set a fresh record, stock price increased 1.90%
AMZN - AWS shows robust 20.2% YoY revenue growth with $200B backlog providing multiyear visibility; advertising revenue grew 22% YoY and is becoming highly profitable; company planning major AI infrastructure investments; analyst expects stock can surpass all-time highs despite current elevated valuations

#Amazon #AWS #cloud computing #artificial intelligence #advertising revenue #capital investment #stock valuation

Dr. Andrea Adams-Miller Warns Boards Face Rising Governance Risk as AI Outpaces Human Judgment

GlobeNewswire Inc. • Dr. Andrea Adams-Miller

Dr. Andrea Adams-Miller Warns Boards Face Rising Governance Risk as AI Outpaces Human Judgment

12/23/2025 07:51 PM • Dr. Andrea Adams-Miller warns that rapid AI expansion in companies has created a governance gap that boards have not adequately addressed. As AI systems guide critical business decisions faster than leaders can evaluate them, boards face increased risk. Recent cases at Amazon and Zillow highlight governance failures when oversight lags behind technology. Adams-Miller recommends boards implement clear human ownership, plain-language explanations, defined pause points, and communication readiness for AI-driven decisions.

GSpD - Set a fresh record, stock price increased 2.73%
AMZN - Company cited as a cautionary example of governance failure; leadership had to shut down an internal AI hiring tool after it demonstrated bias against female candidates, indicating inadequate review and testing processes.

#AI governance #corporate boards #risk management #decision-making #AI oversight #leadership accountability #regulatory concerns

U.S. FDA Approves Agios’ AQVESME™ (mitapivat) for the Treatment of Anemia in Adults with Alpha- or Beta-Thalassemia

GlobeNewswire Inc. • Agios Pharmaceuticals, Inc.

U.S. FDA Approves Agios’ AQVESME™ (mitapivat) for the Treatment of Anemia in Adults with Alpha- or Beta-Thalassemia

12/23/2025 07:45 PM • The FDA has approved Agios Pharmaceuticals' AQVESME (mitapivat), an oral pyruvate kinase activator, for treating anemia in adults with alpha- or beta-thalassemia. AQVESME is the only FDA-approved medicine for both non-transfusion-dependent and transfusion-dependent forms of the disease. The approval is based on Phase 3 ENERGIZE and ENERGIZE-T trials showing significant improvements in hemoglobin levels, fatigue, and transfusion burden. The drug will be available in late January 2026 under a REMS program due to hepatocellular injury risks observed in clinical trials.

AMJB - Set a fresh record, stock price increased 1.90%
AGIO - FDA approval of AQVESME represents a significant milestone for the company, establishing it as the only approved treatment for both transfusion-dependent and non-transfusion-dependent thalassemia. The approval is based on successful Phase 3 trials meeting primary and secondary endpoints. However, the positive sentiment is tempered by the requirement for a restrictive REMS program due to hepatocellular injury risks observed in 5 patients during trials, which may impact market adoption and commercial success.

#FDA approval #mitapivat #thalassemia #anemia treatment #pyruvate kinase activator #ENERGIZE trials #REMS program #hepatocellular injury #rare disease

NJDCY Announcement: If You Have Suffered Losses in Nidec Corporation (OTC: NJDCY), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

GlobeNewswire Inc. • The Rosen Law Firm

NJDCY Announcement: If You Have Suffered Losses in Nidec Corporation (OTC: NJDCY), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

12/23/2025 07:32 PM • The Rosen Law Firm is investigating potential securities claims against Nidec Corporation after the company announced a probe into accounting issues at its China unit. Nidec's ADRs fell 22.7% on September 4, 2025, following the disclosure. The firm is preparing a class action lawsuit to recover investor losses.

JPM - Set a fresh record, stock price increased 1.90%
NJDCY - The company disclosed accounting issues in its China unit, leading to a 22.7% stock price decline and triggering a securities class action investigation. This represents material negative information that harmed shareholder value.

#securities fraud #accounting issues #class action lawsuit #investor losses #China unit probe #stock decline

Osisko Development and Electric Elements File Early Warning Report for Niobay Metals Inc.

GlobeNewswire Inc. • Na

Osisko Development and Electric Elements File Early Warning Report for Niobay Metals Inc.

12/23/2025 06:57 PM • Osisko Development Corp. acquired 8,571,429 units of Niobay Metals Inc. for $1.2 million on December 18, 2025, increasing its ownership stake from 10.8% to 12.3% on a basic basis. The investment was made through its subsidiary Barkerville Gold Mines Ltd. as part of Niobay's private placement offering.

GSpC - Set a fresh record, stock price increased 2.73%
ODV - Company is actively expanding its investment portfolio by acquiring a significant stake in Niobay Metals, demonstrating confidence in growth opportunities and strategic diversification beyond its flagship Cariboo Gold Project.

#private placement #equity investment #Niobay Metals #ownership stake #warrant acquisition #gold development #Cariboo Gold Project

Pelthos Therapeutics Expands Board of Directors with the Appointment of Andrew Einhorn

GlobeNewswire Inc. • Na

Pelthos Therapeutics Expands Board of Directors with the Appointment of Andrew Einhorn

12/23/2025 05:57 PM • Pelthos Therapeutics Inc. (NYSE American: PTHS) announced the appointment of veteran finance executive Andrew J. Einhorn to its Board of Directors effective immediately. Einhorn brings over four decades of experience in investment banking, capital markets, and C-level finance roles at life science companies. He will serve on the Audit Committee and Compensation Committee. The appointment increases the Pelthos Board to eight directors.

LLY - On pace for tenth gain in eleven sessions, stock price increased 1.89%
PTHS - The appointment of an experienced finance executive with 40+ years in investment banking and capital markets, combined with 20 years of CFO experience at biotech companies, signals strengthened financial leadership and governance. This is expected to support the company's growth as a newly public, commercially-focused biopharmaceutical company with an FDA-approved product (ZELSUVMI).

#board appointment #finance executive #biopharmaceutical #ZELSUVMI #molluscum contagiosum #FDA approval #capital markets #life science

Aduro Clean Technologies schließt öffentliches Emissionsangebot über 20 Millionen US-Dollar ab

GlobeNewswire Inc. • Na

Aduro Clean Technologies schließt öffentliches Emissionsangebot über 20 Millionen US-Dollar ab

12/23/2025 05:48 PM • Aduro Clean Technologies successfully closed a US$20 million underwritten public offering of common shares and warrants. The company plans to use the net proceeds for construction of its demonstration-scale plant, research and development, and working capital. D. Boral Capital LLC served as lead underwriter for the offering.

GSpA - Set a fresh record, stock price increased 2.73%
ADUR - The company successfully completed a US$20 million capital raise, demonstrating investor confidence in its clean technology platform. The funding will accelerate development of its demonstration-scale plant and R&D efforts, which are positive indicators for business expansion and commercialization of its Hydrochemolytic™ technology.

#public offering #clean technology #chemical recycling #plastic waste #capital raise #demonstration plant

À la clôture de son offre publique, Aduro Clean Technologies annonce la levée de 20 millions de dollars

GlobeNewswire Inc. • Na

À la clôture de son offre publique, Aduro Clean Technologies annonce la levée de 20 millions de dollars

12/23/2025 05:48 PM • Aduro Clean Technologies successfully closed a US$20 million underwritten public offering, issuing 1,739,130 common shares with warrants. The company plans to use the net proceeds to finance construction of its demonstration-scale plant, with remaining funds allocated to R&D, general operations, and working capital. D. Boral Capital LLC served as the lead underwriter.

GS - Set a fresh record, stock price increased 2.73%
ADUR - The company successfully closed a significant US$20 million capital raise, demonstrating investor confidence and providing substantial funding to advance its demonstration-scale plant construction and R&D initiatives. This is a concrete achievement that supports the company's growth trajectory in the clean technology sector.

#public offering #capital raise #clean technology #plastic recycling #demonstration plant #warrants #underwriting

Can-Fite Announces Reverse Split of its Ordinary Shares and ADS Ratio Change

GlobeNewswire Inc. • Can-Fite Biopharma Ltd.

Can-Fite Announces Reverse Split of its Ordinary Shares and ADS Ratio Change

12/23/2025 04:46 PM • Can-Fite BioPharma announced a 1-for-3,000 reverse stock split of its ordinary shares, approved by shareholders on November 10, 2025, effective January 5, 2026 on the Tel-Aviv Stock Exchange and NYSE American. The reverse split will also adjust the ADS ratio from 1 ADS representing 300 ordinary shares to 1 ADS representing 2 ordinary shares, equivalent to a 1-for-20 ADS split. The company's authorized shares will be reduced from 42 billion to 14 million.

PNC - Acquiring a well-performing regional bank with strong community presence and committed to retaining local leadership and branch network
CANF - Reverse stock splits of this magnitude (1-for-3,000) are typically executed by companies facing severe stock price depreciation and are often viewed negatively by investors as a sign of financial distress or failed business performance. While the split itself is neutral mechanically, the need for such an extreme consolidation indicates underlying business challenges.

#reverse stock split #ADS ratio change #shareholder approval #stock consolidation #NYSE American #Tel-Aviv Stock Exchange

Summary Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions

GlobeNewswire Inc. • Compass Minerals International, Inc.

Summary Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions

12/23/2025 04:43 PM • Compass Minerals has agreed to settle derivative lawsuits alleging that company directors and officers breached fiduciary duties by issuing false statements about magnesium chloride-based fire retardants and overstating U.S. Forest Service contract prospects. The settlement requires adoption of corporate governance reforms and includes $850,000 in attorneys' fees to be paid by company insurers. A settlement hearing is scheduled for February 20, 2026.

CMP - While the settlement avoids prolonged litigation costs and risks, it acknowledges serious allegations of misleading statements about product safety and contract prospects. The required governance reforms suggest past governance deficiencies. However, the settlement is presented as beneficial to the company and stockholders by avoiding further litigation distraction and implementing improvements. The neutral sentiment reflects both the resolution of legal risk and the underlying governance concerns that prompted the lawsuit.

#derivative litigation #settlement #corporate governance reforms #fiduciary duty #magnesium chloride fire retardants #U.S. Forest Service contract #stockholder rights

Amplify Energy Announces Closing of East Texas Divestiture

GlobeNewswire Inc. • Na

Amplify Energy Announces Closing of East Texas Divestiture

12/23/2025 04:35 PM • Amplify Energy Corp. announced the closure of its East Texas asset sale for $122.0 million on December 23, 2025. The company is divesting assets as part of strategic initiatives, with an Oklahoma asset sale still expected to close by year-end 2025. Amplify operates in Oklahoma, Pacific Offshore, and the Rockies regions.

AMPY - The company successfully closed a major asset sale at the announced price of $122 million, demonstrating execution on strategic plans. However, the ongoing divestiture of core assets and need for strategic alternatives suggest underlying operational or financial challenges. The sale itself is neither inherently positive nor negative without context on valuation relative to asset quality or company needs.

#asset divestiture #East Texas sale #Oklahoma assets #oil company #strategic initiatives #capital allocation

ICZOOM Group Inc. Announces Extraordinary General Meeting of Shareholders

GlobeNewswire Inc. • Iczoom Group Inc.

ICZOOM Group Inc. Announces Extraordinary General Meeting of Shareholders

12/23/2025 04:00 PM • ICZOOM Group Inc. (Nasdaq: IZM), a B2B electronic component e-commerce platform, announced an extraordinary general meeting scheduled for February 27, 2026, in response to a shareholder requisition dated December 5, 2025. The meeting will allow shareholders to vote on proposed changes to the company's board and management. Shareholders of record as of February 2, 2026, will be eligible to vote.

IZM - The announcement of an extraordinary general meeting triggered by a shareholder requisition requesting changes to the board and management indicates internal corporate governance issues and shareholder dissatisfaction. This typically signals organizational instability and potential conflicts between management and shareholders, which is generally viewed negatively by the market.

#extraordinary general meeting #shareholder requisition #board changes #management changes #B2B e-commerce #electronic components

Riverview Bancorp Declares Quarterly Cash Dividend of $0.02 Per Share

GlobeNewswire Inc. • Na

Riverview Bancorp Declares Quarterly Cash Dividend of $0.02 Per Share

12/23/2025 04:00 PM • Riverview Bancorp, Inc. announced on December 23, 2025, that its Board of Directors approved a quarterly cash dividend of $0.02 per share, unchanged from the previous quarter. The dividend is payable on January 16, 2026, to shareholders of record as of January 5, 2026. Riverview, headquartered in Vancouver, Washington, operates as a community bank with $1.51 billion in assets and 17 branches across the Portland-Vancouver area.

VSTM - First FDA approval for KRAS-mutated recurrent Low-grade Serous Ovarian Cancer treatment
RVSB - The company maintained its dividend at $0.02 per share with no change from the preceding quarter, indicating stable but not growing shareholder returns. While dividend maintenance is positive, the lack of increase and the modest dividend amount suggest a cautious or conservative approach rather than strong growth momentum.

#quarterly dividend #cash dividend #community banking #shareholder returns #Riverview Bank

Halper Sadeh LLC Encourages CWAN and JHG Shareholders to Contact the Firm to Discuss Their Rights

GlobeNewswire Inc. • Halper Sadeh Llc

Halper Sadeh LLC Encourages CWAN and JHG Shareholders to Contact the Firm to Discuss Their Rights

12/23/2025 03:52 PM • Halper Sadeh LLC, an investor rights law firm, is investigating Clearwater Analytics Holdings (CWAN) and Janus Henderson Group (JHG) for potential securities law violations and breaches of fiduciary duties related to their respective acquisitions. CWAN is being acquired by Permira and Warburg Pincus for $24.55 per share, while JHG is being acquired by Trian Fund Management and General Catalyst for $49.00 per share. The firm is seeking increased consideration for shareholders and additional disclosures.

CWAN - Company is under investigation for potential securities law violations and breaches of fiduciary duties in connection with its acquisition, suggesting shareholders may not have received fair consideration or adequate disclosures.

#acquisition #securities investigation #fiduciary duty #shareholder rights #merger

Sampo Oyj:n omien osakkeiden ostot 23.12.2025

GlobeNewswire Inc. • Sampo Oyj

Sampo Oyj:n omien osakkeiden ostot 23.12.2025

12/23/2025 03:00 PM • Sampo Oyj announced the acquisition of 254,351 of its own A-shares on December 23, 2025, at a weighted average price of €10.30 per share across multiple trading venues. Following these transactions, Sampo now holds 8,432,498 treasury shares, representing 0.32% of all shares outstanding. The buyback is part of the €150 million share repurchase program authorized by the Annual General Meeting on April 23, 2025, and initiated on November 6, 2025.

SAXPY - The share buyback is a routine capital allocation activity executed as part of a pre-announced program. While buybacks can be viewed positively as returning value to shareholders, this is a standard operational announcement with no indication of exceptional circumstances or strategic changes. The execution at €10.30 per share appears orderly and systematic.

#share buyback #treasury shares #A-shares #share repurchase program #weighted average price #capital allocation

GlobeNewswire Inc. • Na

‘Canada’s Diner’ opens a brand-new location in North York

12/23/2025 02:45 PM • Denny's Canada opened a new 24-hour restaurant at Yonge Sheppard in North York, marking the first location under new franchisee Arvind Sharma. The opening coincides with the launch of Love-a-Bowls, a new menu featuring six savoury bowls designed for Canadian guests. The company operates 89 restaurants nationally and plans continued expansion across Ontario.

MRK - Developing investigational MK-1084 KRAS G12C inhibitor, with anticipated data readouts at upcoming medical conference
DENN - The company is celebrating its 55th anniversary with a new restaurant opening in a strategic location, introducing new menu items, and announcing plans for continued expansion across Ontario. The opening represents growth in their Canadian operations and marks a milestone under a new franchisee partnership.

#restaurant expansion #new location opening #North York #Denny's Canada #franchising #menu launch #24-hour dining

Toll Brothers Announces Final Opportunity to Own at The Brix at The Packing District in Orlando, Florida

GlobeNewswire Inc. • Toll Brothers, Inc.

Toll Brothers Announces Final Opportunity to Own at The Brix at The Packing District in Orlando, Florida

12/23/2025 02:42 PM • Toll Brothers announced the final opportunity to purchase luxury townhomes at The Brix at The Packing District in Orlando, Florida, with pricing starting from the upper $500,000s. The community features 135 townhomes with modern floor plans ranging from 1,815 to 2,085 square feet, and a Final Opportunity event is scheduled for December 27, 2025.

RHHBY - Advancing divarasib as a promising next-generation KRAS inhibitor targeting multiple mutation subtypes
TOL - The company is actively marketing and selling out a luxury community with strong pricing in the upper $500,000s range, indicating healthy demand and successful project execution. The announcement of a 'final opportunity' suggests strong sales momentum and near completion of the development.

#luxury homes #townhomes #Orlando Florida #real estate development #final opportunity #The Brix at The Packing District

Applied Digital Is Building the Compute Power That AI Needs. Could the Stock Surge Next?

The Motley Fool • Marc Guberti

Applied Digital Is Building the Compute Power That AI Needs. Could the Stock Surge Next?

12/23/2025 02:31 PM • Applied Digital is positioned to capitalize on the AI infrastructure boom by providing specialized data center capacity for power-intensive AI workloads. With a 4-gigawatt pipeline and an $11 billion CoreWeave contract, the company could generate billions in annual recurring revenue as major tech companies invest heavily in AI deployment. Applied Digital's ability to deliver projects on time and on budget positions it as a trusted partner for future deals with tech giants.

CRDF - Developing pan-KRAS strategy with onvansertib, planning Phase III trial with potential registrational intent
APLD - Company is well-positioned in the AI infrastructure boom with a 4-gigawatt pipeline, proven execution on projects, and an $11 billion CoreWeave contract. Strong competitive advantage over peers and potential for significant revenue growth as tech companies scale AI investments.

#AI infrastructure #data centers #compute power #AI deployment #recurring revenue #gigawatts #tech companies

Marq Launches to Help Small Businesses Protect Their Brands with Attorney-Led Trademark Services

GlobeNewswire Inc. • Not Specified

Marq Launches to Help Small Businesses Protect Their Brands with Attorney-Led Trademark Services

12/23/2025 01:49 PM • Marq, a new trademark law firm founded by Mary Liberty, officially launched to provide affordable and accessible trademark protection services for small businesses and entrepreneurs. The firm offers attorney-led trademark searches, strategic guidance, and streamlined application filings, along with a free trademark search service to help founders protect their brands.

COO - Briefly mentioned in context of an activist investor suggestion, no direct performance details provided
MQ - Marq is a newly launched firm addressing a market gap by making trademark protection more accessible and affordable for small businesses and entrepreneurs. The company offers practical, attorney-led services designed to prevent costly trademark disputes and provides free initial consultations, positioning itself as a customer-friendly alternative to traditional law firms.

#trademark law #small business #entrepreneurs #brand protection #trademark search #legal services #startup support

Santa Claus Rally Favors These 5 Stocks, History Says

Benzinga • Piero Cingari

Santa Claus Rally Favors These 5 Stocks, History Says

12/23/2025 01:36 PM • Historical data shows the S&P 500 has a 71% win rate during the final trading week of December (Dec. 23-31), with an average gain of 0.95%. The article identifies five S&P 500 stocks with the strongest Santa Claus Rally track records over the past two decades, led by Newmont Corp with a 2.24% average gain and 75% winning rate.

BLCO - Briefly mentioned in context of a potential merger suggestion, no direct performance details provided
NEM - Tops the list with the strongest Santa Claus Rally track record, averaging 2.24% gain with a 75% winning rate over 20 years. Currently trading near recent highs.

#Santa Claus Rally #seasonality #year-end trading #S&P 500 #gold mining #financial stocks

3 Best-Performing S&P 500 Stocks of 2025: Data Storage Players Outshine Nvidia

Investing.com • Dave Kovaleski

3 Best-Performing S&P 500 Stocks of 2025: Data Storage Players Outshine Nvidia

12/23/2025 01:31 PM • Data storage and memory stocks dominated S&P 500 performance in 2025, with SanDisk, Western Digital, and Micron Technology emerging as the top three performers. SanDisk surged 570% since its February IPO, Western Digital returned 292%, and Micron gained 228%, all driven by AI-fueled demand for enterprise data storage and memory chips. These stocks significantly outperformed traditional AI leaders like Nvidia and Palantir.

SNDK - Exceptional 570% YTD return since February IPO, driven by enterprise flash drive demand from hyperscalers. Reasonable forward P/E of 17, consensus buy rating, and 16% upside potential from median price target.

#data storage stocks #S&P 500 performance #AI demand #memory chips #enterprise storage #hyperscalers

Weekly share repurchase program transaction details

GlobeNewswire Inc. • Sbm Offshore

Weekly share repurchase program transaction details

12/23/2025 12:59 PM • SBM Offshore reported that its EUR141 million share repurchase program is 81.59% complete as of December 23, 2025. The company repurchased 87,759 shares during the last five trading days at an average price of EUR 24.45 per share. The program, which began on April 24, 2025, aims to reduce share capital and provide shares for employee programs.

KMX - Accusations of overstating growth prospects and presenting misleading information about business performance
SBFFY - The article reports routine execution of a previously announced share repurchase program with steady progress (81.59% complete). The repurchase activity is proceeding as planned with consistent pricing around EUR 24.45, indicating normal operational execution without significant positive or negative developments. This is a standard capital allocation activity rather than a material business event.

#share repurchase #EUR141 million #81.59% completion #deepwater infrastructure #capital allocation

Coupang (CPNG) Hit With Securities Class Action Amid Massive Data Breach, Questions About Timely Disclosure, Executive Departure – Hagens Berman

GlobeNewswire Inc. • Hagens Berman

Coupang (CPNG) Hit With Securities Class Action Amid Massive Data Breach, Questions About Timely Disclosure, Executive Departure – Hagens Berman

12/23/2025 12:59 PM • A securities class action lawsuit has been filed against Coupang (CPNG) following a massive data breach affecting 33.7 million customers. The lawsuit alleges the company delayed disclosing the November 18, 2025 breach until December 16, 2025, potentially violating SEC disclosure requirements. The incident has wiped out over $8 billion in market capitalization, and the company's CEO of its South Korean e-commerce unit resigned. The breach was attributed to a former employee who retained access credentials after leaving in 2024.

SNPS - Claims of misleading statements about AI customer focus and deteriorating business economics
CPNG - The company faces a securities class action lawsuit over alleged delayed disclosure of a massive data breach affecting 33.7 million customers. The breach was attributed to inadequate cybersecurity controls regarding former employees, resulting in over $8 billion in market capitalization loss, executive resignation, and potential regulatory penalties.

#data breach #securities fraud #class action lawsuit #disclosure violation #cybersecurity incident #customer data #SEC compliance #market capitalization loss