Coupang Faces $5 Million Class-Action Lawsuit Over Data Breach

A $5 million class-action lawsuit against Coupang is set to proceed in the U.S. District Court for the Eastern District of New York. The lawsuit, filed in February, involves over 7,800 affected users, including U.S. citizens Cheol Hee Lee and Sebastian Park. Plaintiffs allege that Coupang's chairman, Bom Kim, failed to adequately protect customer data and manage cybersecurity systems. The court will hold an initial conference on June 17 to establish a timetable for discovery. The plaintiffs seek damages for the breach, which has raised significant concerns about data security practices. Coupang has retained Kirkland & Ellis to respond to the lawsuit. The case will also address whether class certification will be granted, allowing claims to be handled collectively. The discovery phase will begin following the initial conference, with a deadline for the defendant to file an answer by July 6.

Key Points: • Coupang is facing a $5 million class-action lawsuit in the U.S. over a data breach. • The lawsuit involves over 7,800 affected users, including U.S. citizens. • The court's initial conference is scheduled for June 17 to set the discovery timetable.