A class-action lawsuit is reportedly being pursued in the United States against Coupang's U.S. headquarters over a massive personal information leak.
On the 7th (local time), SJKP, the U.S. law firm of Korean law firm Daeryun's local entity, said it will hold a press conference in Manhattan, New York, on the 8th to announce plans to file a punitive damages lawsuit in a U.S. court. With this, the suit is expected to proceed simultaneously in Korea and the United States.
According to a Daeryun official, some plaintiffs have already been recruited for the punitive damages lawsuit to be filed in a U.S. court, and additional recruitment will take place through this press conference.
Earlier, on the 29th, Coupang announced that information from about 33.7 million customer accounts had been leaked, saying that personal information such as ▲name ▲email ▲phone number ▲address ▲some order information had been exposed.
Coupang's Korean entity is 100% owned by its U.S.-listed parent company, Coupang Inc., and more than 70% of the voting rights are held by founder Bom Kim, chair of the Coupang Inc. board.
Kim, a U.S. citizen, founded Coupang in 2010 after graduating from Harvard University. Coupang continued to post losses as massive investment went into building infrastructure and turned a profit for the first time in 2023.