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Lead Plaintiff Deadlines in Shareholder Class Action Lawsuits Against SLM Corporation (SLM), Coupang, Inc. (CPNG), and Klarna Group plc (KLAR) Announced by Holzer & Holzer, LLC
Globenewswire· 2026-01-27 18:23
ATLANTA, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors of the deadline to seek to be appointed lead plaintiff in the following class action lawsuits: SLM Corporation (SLM) The shareholder class action lawsuit filed against SLM Corporation (“SLM” or the “Company”) (NASDAQ: SLM) alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material facts regarding the effectiveness of SLM’s loss mitigation and/or loan modification programs betw ...
INVESTOR ALERT: Berger Montague Advises Coupang, Inc. (NYSE: CPNG) Investors to Inquire About a Securities Fraud Class Action by February 17, 2026
Prnewswire· 2026-01-27 13:51
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly making false statements regarding its cybersecurity and regulatory compliance during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from May 7, 2025, to December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations - The complaint alleges that Coupang had inadequate cybersecurity measures, exposing it to a heightened risk of data breaches, which could lead to regulatory scrutiny [3]. - Revelations starting in November 2025 indicated that a former employee accessed sensitive customer information for nearly six months undetected, leading to significant declines in Coupang's stock price [4].
Nomura Slashes Coupang (CPNG) 2026 EPS Forecast Following $900M Fine and Regulatory Pressure
Yahoo Finance· 2026-01-27 13:38
Core Viewpoint - Coupang Inc. is facing significant challenges due to regulatory pressure in South Korea and a substantial fine, leading to a drastic reduction in its earnings forecast for 2026 [1][2]. Financial Performance - In Q3 2025, Coupang reported consolidated revenue of $9.3 billion, marking an 18% year-over-year increase [2]. - The company's net income was $95 million, resulting in a diluted EPS of $0.05 [2]. - The Product Commerce segment generated $8 billion in revenue, a 16% increase, driven by a 10% rise in active customers to 24.7 million and a 5% increase in net revenue per active customer to $323 [2]. Regulatory Challenges - Nomura downgraded Coupang to Neutral from Buy, reducing the price target from $30 to $22 due to intensifying regulatory scrutiny and a projected fine of up to $900 million [1]. - The South Korean FTC has indicated aggressive administrative actions, prompting a 95% cut in Coupang's 2026 EPS forecast to $0.03 [1]. Growth Initiatives - The Developing Offerings segment, which includes Coupang Eats and international expansion into Taiwan, experienced rapid revenue growth of 32%, reaching $1.3 billion [2]. - Coupang is heavily investing in logistics and customer adoption in Taiwan, with management noting that customer behaviors are exceeding expectations [3].
CPNG Class Action Alert: Robbins LLP Reminds Investors with Losses in Coupang, Inc. to Contact the Firm for Information About Leading the Class Action
Businesswire· 2026-01-27 01:03
Group 1 - A class action has been filed on behalf of investors who purchased Coupang, Inc. (NYSE: CPNG) securities between April 6, 2025, and December 16, 2025 [1] - Coupang is described as one of the fastest-growing technology and commerce companies globally, offering services such as retail, restaurant delivery, video streaming, and fintech under various brands [1] Group 2 - Robbins LLP is investigating allegations that Coupang failed to disclose a material cybersecurity event, which included inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months [2] - The allegations also state that Coupang was subjected to a heightened risk of regulatory and legal scrutiny due to this data breach and failed to report it in compliance with applicable reporting rules [2] - Following the revelation of the data breach, Coupang's stock price fell, negatively impacting investors [2] Group 3 - Shareholders interested in serving as lead plaintiffs in the class action must submit their papers to the court by February 17, 2026 [3] - Participation in the case is not required to be eligible for recovery, and shareholders can choose to remain absent class members [3] Group 4 - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [4] - The firm has been dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4]
US Investors Seek Govt. Probe into South Korea over Alleged Unfair Treatment Post Coupang’s Data Breach
Retail News Asia· 2026-01-26 06:22
Two prominent American investors in South Korean e-commerce giant, Coupang Inc., have lodged formal complaints with the US government. They are seeking an investigation into what they perceive as prejudiced actions by the South Korean government against the company.Investors Call for InvestigationGreenoaks and Altimeter, the two tech investment firms, have also initiated arbitration proceedings against South Korea. They cite the US–Korea Free Trade Agreement (KORUS) and accuse Seoul of leading an aggressive ...
ROSEN, GLOBAL INVESTOR RIGHTS COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CPNG
TMX Newsfile· 2026-01-26 01:16
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities between August 6, 2025, and December 16, 2025, about the upcoming lead plaintiff deadline for a class action lawsuit set for February 17, 2026 [1]. Group 1: Class Action Details - Investors who bought Coupang securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by February 17, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been recognized as a leader in the field of securities class action litigation [4]. Group 3: Case Allegations - The lawsuit alleges that Coupang made false and misleading statements regarding its cybersecurity protocols, which allowed unauthorized access to sensitive customer information for nearly six months [5]. - It is claimed that the company failed to disclose this data breach, leading to increased regulatory and legal scrutiny, and that public statements made by the defendants were materially false and misleading [5].
ROSEN, LEADING INVESTOR RIGHTS COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CPNG
TMX Newsfile· 2026-01-25 01:14
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Coupang securities between August 6, 2025, and December 16, 2025, may be eligible for compensation without any out-of-pocket costs through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by February 17, 2026 [3]. - The lawsuit alleges that Coupang made false and misleading statements regarding its cybersecurity protocols, which allowed unauthorized access to sensitive customer information for nearly six months [5]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering significant amounts for investors [4]. - The firm has been recognized for its achievements, including the largest securities class action settlement against a Chinese company and being ranked highly for securities class action settlements [4]. Group 3: Case Specifics - The lawsuit claims that Coupang's inadequate cybersecurity measures led to a heightened risk of regulatory scrutiny and that the company failed to report the data breach in compliance with SEC regulations [5]. - As a result of these actions, the public statements made by Coupang were deemed materially false and misleading, leading to investor damages when the truth was revealed [5].
Global Geopolitical Shifts and Regional Challenges Dominate Friday’s Headlines
Stock Market News· 2026-01-24 12:08
Defense Strategy - The Pentagon's 2026 National Defense Strategy emphasizes a primary focus on defending the U.S. homeland and deterring China in the Indo-Pacific region, indicating a more limited support role for allies in Europe and other regions [2][7] - The strategy characterizes Russia as a "persistent but manageable threat" and suggests that South Korea should take primary responsibility for deterring North Korea, with critical but limited U.S. assistance [2][7] Arms Embargo - Belgium has imposed a ban on the export and transit of military equipment to Israel, initiated by Foreign Minister Maxime Prevot, to prevent worsening humanitarian conditions in the West Bank and Gaza [3][7] - A Brussels Court has reinforced this ban by ordering the Flemish government to block military equipment containers and imposing a €50,000 fine for each violation, citing failures to uphold legal obligations under the Genocide Convention [3][7] Energy Sector - Hungary's MOL Group has reached an agreement to acquire a 56.15% stake in Serbian oil refiner NIS from Gazprom Neft, pending U.S. approval due to prior sanctions on NIS [4][7] - Serbia has increased its own stake in NIS by five percentage points, and discussions are ongoing with the Abu Dhabi National Oil Company (ADNOC) to join the deal as a minority shareholder [4][7] E-commerce Data Leak - U.S. Vice President JD Vance and South Korea's Prime Minister Kim Min-seok discussed the resolution of issues related to a mass data leak affecting over 33 million customers of U.S.-listed e-commerce company Coupang (CPNG) [6][7] - The report on the data leak was delayed for over 15 months, with assertions from Prime Minister Kim that there is no discriminatory treatment of U.S. corporations [6][7]
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Coupang, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CPNG
TMX Newsfile· 2026-01-23 23:06
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Coupang, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Coupang securities between August 6, 2025, and December 16, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by February 17, 2026 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Coupang made false and misleading statements regarding its cybersecurity protocols, which allowed unauthorized access to sensitive customer information for nearly six months [5]. - It is claimed that Coupang faced increased regulatory and legal scrutiny due to inadequate cybersecurity measures and failed to report the data breach in compliance with SEC regulations [5]. - The lawsuit asserts that the public statements made by Coupang were materially false and misleading, leading to investor damages when the true details were revealed [5].
COUPANG, INC. (CPNG) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-23 16:43
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for alleged misleading statements regarding its cybersecurity, which resulted in significant investor losses during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from May 7, 2025, to December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that inadequate cybersecurity allowed a former employee to access sensitive customer information undetected for nearly six months [3]. Group 2: Company Impact - Following the cybersecurity incident, Coupang's CEO resigned, indicating a significant leadership change in response to the crisis [3]. - The lawsuit highlights the potential financial repercussions for Coupang, as investors reportedly suffered significant losses due to the alleged cybersecurity failures [3]. Group 3: Law Firm Background - Berger Montague, the law firm representing the plaintiffs, is noted for its expertise in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [4]. - The firm has a strong track record in various legal areas, including securities and consumer protection, which may bolster the case against Coupang [4].