Press Coverage

A corporate executive who was accused of embezzling 1.8 billion won of company money was cleared by the prosecution. According to the legal community on the 11th, the Daegu District Prosecutors' Office decided not to indict Mr. A, a man in his 40s, who was transferred on charges of embezzlement under the Act on the Aggravated Punishment of Specific Economic Crimes. Mr. A was accused of embezzling 1.8 billion won while working as a co-CEO at a manufacturing company run by Mr. B, who is in his 40s, from 2014 to 2019. Mr. B claimed that Mr. A received a false tax invoice from a paper company without actually transacting goods, remitted the company money, and received it back into his personal account. In response, Mr. A claimed that although it was true that he had raised funds using false tax invoices, it was for the company to give rebates to major clients, and that it was all done under the instructions and approval of Mr. B. The prosecution found that the funds raised were actually delivered in cash to the person in charge of the client, and ruled that Mr. A was not guilty as there was no evidence of personal use. In addition, it was determined that Mr. A was not guilty as Mr. B received a notification message when transferring company funds and was aware of the flow of funds, such as directly managing the OTP. Attorney Shin Min-soo of Daeryun Law Firm, who represented Mr. A, said, “For a crime of embezzlement to be established, the intent to illegally obtain property by disposing of other people’s property as if it were one’s own must be proven. In this case, Mr. B sued Mr. A to protect his business interests by shifting responsibility for the rebate conflict that arose between business partners. “We were able to clear the charges by objectively proving that the funds raised by Mr. A were used for the company’s operating profits,” he explained. Reporter Jeong Cheol-wook[View full article]

It was found that over 2,000 cases of consumer damage related to the marriage brokerage business have occurred in the past five years. According to the Korea Consumer Agency on the 10th, the total number of applications for damage relief related to the marriage brokerage business investigated by the Korea Consumer Agency from 2020 to August of this year is 2,038. By year, the number of applications increased by about 50% in five years from 276 in 2020 to 416 in 2024. The number of marriages has decreased by nearly 40% in 10 years, but the number of members joining the marriage information company (Jeongjeongsa) is increasing, and the related damage is also increasing. Attorney Lee Eun-sol of the Daeryun Law Firm said, "According to the law, Jeongjeongsa has an obligation not to provide false information to users, and if damage is caused intentionally or through negligence, it must also be liable for civil compensation." However, if the court determines that a reasonable verification process has been followed, it may be difficult to hold responsible, so thorough verification is required from the contract stage. “It is necessary,” he emphasized. The following is the main content of the interview with this lawyer regarding legal action in case of damage related to marriage brokerage. -The types of marriage brokerage fraud that mainly occur. ▲There are three main problems. First, there is marital history fraud. This is the case when people hide the fact of divorce or even sign up as unmarried while having a legal spouse. This is the most basic verification obligation under the standard terms and conditions. In some cases, not only one's own occupation or property but also family relationships, such as the occupation and property of parents, are falsely disclosed. Likewise, there are often cases of concealing medical history that may have a significant impact on debt status or marriage, such as rehabilitation or bankruptcy proceedings. However, it is also true that there are limits to verification because the company does not have the authority to inquire about criminal records or sensitive medical histories, etc. - To what extent does a marriage information company have a legal obligation to verify member information? ▲The 'Act on the Management of Marriage Brokerage Businesses' (hereinafter referred to as the Marriage Brokerage Act) states that marriage brokers 'must not provide false information' to users. As a result, this means that the company has an obligation to verify information. According to the ‘Marriage Information Business Standard Terms and Conditions’ first enacted in 2001, it is stipulated to confirm the marital status of the member and confirm the veracity of personal information that requires verification between the parties, such as education, occupation, and medical history. In other words, the company must use good managers to verify the authenticity of key information that can be objectively determined through documents such as graduation certificates, employment certificates, and withholding tax receipts submitted by members. A duty of care is borne. -What punishment will be imposed if a decision maker provides false information in violation of the law? Is punishment possible even in cases of negligence? ▲According to Article 26 of the Marriage Brokerage Act, a person who provides false information to a user may be subject to ‘imprisonment of up to 5 years or a fine of up to 50 million won.’ However, for criminal punishment, intentionality must be proven, but in practice, in most cases, negligence such as negligence in verification is an issue rather than in cases where a company intentionally provides false information. In this case, Article 14 of the same law stipulates that 'if damage is caused to a user intentionally or through negligence, the company is responsible for compensating for the damage.' To this end, marriage brokers are required to sign up for warranty insurance. - Companies try to avoid liability based on disclaimers such as 'there was no problem on paper' or 'information may be different' in the contract. Can I still receive compensation in this case? ▲You should check the disclaimer clause in the contract. Provisions such as ‘the relevant information may differ from reality’ may be invalid. This is because provisions that are unfairly disadvantageous to customers, contrary to the principle of good faith, or that exclude liability due to the business's intent or gross negligence, are prohibited. If such an exemption clause is invalid, the essential liability of the business remains. Article 14 of the Marriage Brokerage Act and the default provisions of the Civil Code require a business to be liable for compensation if damage is caused by its negligence. If you receive a suspicious document and neglect additional verification, this is a violation of the ‘duty of care as a good manager’ and clear negligence, so you can claim civil damages. - The key strategy for a fraud victim to win a lawsuit against the matchmaking company as well as the individual member who was defrauded is: ▲ To win against the company, you must prove the company’s intention or negligence. The main issue is proving that the company knew the facts were false or neglected information that could have been known if they had been a little careful. For example, if the company promotes the member as an excellent member or guarantees that verification has been completed, this is strong evidence that strengthens the company's responsibility. In addition, the key to winning or losing a lawsuit is proving through consultation recordings, emails, text messages, etc. that the member neglected to verify the original documents submitted or ignored obvious suspicious circumstances and pushed ahead with the brokerage. Reporter Kwon Byeong-seok (bsk730@fnnews.com)[View full article] ‘Death by decision’ warning… Measures to prevent marriage brokerage fraud (Go here)

Daeryun Law Firm, which represented the class action lawsuit, said, “The amount of compensation will be much more realistic than in Korea.” A class action lawsuit is being pursued in the United States against Coupang, which suffered a large-scale personal information leak of 33.7 million items. Daeryun Law Firm, which represented the lawsuit, announced that the number of participants in the lawsuit has already exceeded 1,000, and that any member who has ordered at least once from Coupang can participate in the lawsuit. Attorney Dong-hoo Son from SJKP, Daeryun's local U.S. subsidiary, said on CBS Radio's 'Kim Hyun-jung's News Show' on the 10th, "Regarding this personal information leak, we are filing a lawsuit against Coupang Inc, the parent company of Coupang's Korean corporation, in New York, USA. “We are filing a consumer class action lawsuit in the Southern District Court,” he said. “Coupang Inc. is a corporation located in the U.S. state of Delaware, a company listed on the New York Stock Exchange and Nasdaq, and a company that owns 100% of Coupang Korea’s shares.” In response to the host's question, 'Can only people with American nationality participate in the lawsuit?', he responded, "The victim's residence is not important. Those in Korea and those in foreign countries other than Korea can participate in the lawsuit in the U.S. Federal Court if they have suffered damages." Regarding the size of the compensation amount, he said, "It is difficult to tell you the amount itself," but explained, "I will tell you that the compensation amount is much more realistic than in Korea." Kim Kook-il, CEO of Daeryun Management, said in an interview with MBC Radio on the same day, "As of yesterday's press conference, (the number of people participating in the lawsuit) was about 200, but it has already exceeded 1,000." CEO Kim said, "Any member who has ordered at least once from Coupang can participate in this lawsuit. In the United States, there is an 'opt-out' system, so even if you were not a plaintiff in this lawsuit, you will receive compensation according to the judgment unless you give up your rights. However, there will be a difference in the amount of compensation for those who directly participated as a plaintiff and those who were not plaintiffs." Regarding the reason for pursuing a compensation lawsuit in the United States rather than Korea, he said, "Compensation in Korea only proves what kind of damage there is and compensates for the damage. Compensation in the United States has the meaning of punishment. When damage is caused by anti-social corporate activities, not only compensation for the damage, but also retaliatory compensation for the negligence that created the damage. It is meant as a deterrent to prevent such things from happening in the future." He continued, "What I want in this lawsuit is “This is because we can secure emails exchanged between Coupang’s U.S. headquarters and Coupang’s Korean headquarters, meeting materials, and decisions made by the board of directors,” he said. “This content will be more reliable and more extensive than what will be revealed through the investigation in Korea. If there is any information related to corporate security system management, we would like to secure it.” Reporter Lim Joo-hyung skepped@asiae.co.kr[View full article] Asia Economy - "Coupang class action lawsuit in the U.S. exceeds 1,000 participants... You can participate if you have ever placed an order" (link) Hankook Ilbo - U.S. Coupang litigation representative: "Participants exceeded 1,000 overnight... Goal of 10,000" (Go here) Opinion News - [Coupang Incident] U.S. Litigation Agent: "The number of participants in the lawsuit has surpassed 1,000... Target is 10,000" (Go to here) Rotalk News - "1,000 people gathered in one day" Coupang's 'class action lawsuit' goes to New York court due to angry public sentiment (Go here) Money Today - Coupang incident, class action lawsuit expected in the US... Litigation representative: “Goal of 10,000 plaintiffs” (link) Pressian - Coupang US class action lawsuit increases by 1,000 in one day... "'Compulsory data submission', unexpected information will come out" (link) Munhwa Ilbo - Class action lawsuit against Coupang will be filed in the US... “Over 1,000 people overnight” (Shortcut)

Prosecutors say, “The suspect’s remarks and the complainant’s subjective evaluation of the content of the class… are not false facts.” A teenager who was handed over to the prosecution on charges of being dissatisfied with the content of the lecture and engaging in insulting behavior was not indicted. According to the legal community on the 10th, the Anyang Branch of the Suwon District Prosecutors’ Office did not indict Teen A, who was sent on charges of defamation and insult last October. Last year, Mr. A was accused of describing instructor B as a “scammer” and posting a composite photo of Mr. B and politicians in a group chat room where fellow students gathered at the academy. Mr. A denied the charges. He refuted that he was dissatisfied with the content of Mr. B's lecture, so he expressed his thoughts about it. In addition, in the process of expressing this dissatisfaction, he posted a composite photo in the chat room, but emphasized that he had never used expressions that violated the honor of Mr. B, such as profanity. The prosecution decided not to indict Mr. A. The prosecution said, "It is difficult to say that the suspect's statement stated false facts because the contents of the complainant's class did not meet his expectations and that he subjectively evaluated this," and added, "The suspect's composite of the accuser's face in a specific photo was merely an attempt to express negative emotions in a somewhat humorous way, so it cannot be concluded that it was an insulting expression." Attorney Kim Young-joo of Daeryun Law Firm, who represented Mr. “It means a report or statement about the current facts,” he said. “We were able to obtain a non-indictment by emphasizing that there were no specific expressions in Mr. A’s remarks that could infringe on Mr. B’s social value or evaluation.” Reporter Seohyun Lee sunshine@kyeonggi.com[View full article] Teenager who defames lecturer, saying, “He looks like a fraud” Prosecutor’s Office ‘Non-indictment’ (Shortcut)

The parent accused of insulting the director by uploading a daycare center's 'contribution fund practice' at Mom Cafe said, "Subjective value judgment... public interest cannot be denied." A parent who was sued for defamation after posting an article criticizing the operation of a daycare center on an Internet Mom Cafe was cleared by the prosecution. The Eastern Branch of the Busan District Prosecutors' Office decided not to indict Mr. A, who was transferred on charges of violating the Information and Communications Network Act (defamation) last October. Last April, Mr. posted an article related to childcare center subsidies on the Mom Cafe bulletin board. At the time, the article contained content pointing out the opaque support and subsidy practices of the daycare center management committee. It is known that Mr. A used expressions such as “gaslighting” and “being ripped off” in his writing. Accordingly, Mr. B, the director of the daycare center, sued Mr. A for defamation. In the case of the subsidy, parents voluntarily raised funds, and there was no request for subsidy from the daycare center. At the same time, Mr. B claimed, “When Mr. A did not receive the video of the daycare event, he was vindictive and posted false information.” On the other hand, Mr. A denied the charges. Mr. A countered, saying, “I worked as a member of the steering committee for a year and personally experienced that Mr. B was putting psychological pressure on parents by complaining about financial difficulties.” He added, “The purpose of the article in question was to prevent damage to other parents and to urge improvement in the management method.” The prosecution decided not to indict Mr. A. The prosecution explained, “The overall content of the article posted by the suspect appears to represent a subjective value judgment about the unfairness he experienced while serving as a member of the steering committee for about a year, and it is difficult to view this as a disclosure of specific facts required for defamation.” In addition, he explained, “Like the contents of the suspect's restroom, we have taken into account the fact that the public interest cannot be denied.” Attorney Kim Sang-gu of Daeryun Law Firm, who represented Mr. A, said, “Under the Information and Communications Network Act, defamation is not established simply by using critical expressions, but the purpose of slandering a person must be recognized.” He added, “Since the client's main motive was for the public interest of securing transparency in the operation of a daycare center, there were some private motives on the side. “Even if it was included, we were able to obtain a good result by legally demonstrating that the purpose of defamation could not be recognized,” he said. Digital News Department[View full article] A person in his 40s who wrote a comment criticizing a daycare center on Mom Cafe was not indicted (link)

U.S. class action lawsuit, Participants in one day 200number of people→1Over 1,000 people- Anyone who has placed an order can participate…In Korea, criminal proceedings are also carried out in parallel.- U.S. class action lawsuit ‘Opt out’ method…Even non-participants in the lawsuit can receive compensation- In the United States, punitive damages apply…It is difficult to predict the amount of compensation- ‘discovery’ Key data such as emails and meeting minutes will be secured through- Restoration when data is destroyed...Concealment or deletion can be punishable as obstruction of justice.- If there was insufficient investment in security compared to the number of members, the head office ignored security.- U.S. Court dismissal possible? Depends on the size of the litigants and the participation of multinational victims- Complaint filed, The goal is to raise it within the year, but it could happen sooner. ■ broadcast : MBC radio standardFM 95.9MHz <Kim Jong-bae's attention>(07:05~08:30)■ progress : Kim Jong-bae, current affairs critic■ talk : Kuk-il Kim, CEO of Daeryun Law Firm (Represented Coupang in a U.S. class action lawsuit) ☏ host > A lawsuit is underway in the U.S. regarding Coupang's large-scale personal information leak.. He held a press conference in New York yesterday and announced plans for a lawsuit.. I will connect you to the phone number of Kim Kuk-il, CEO of Daeryun Law Firm.. The representative is with me.? ☏ Kim Kuk-il > yes, hello. This is Kim Kuk-il.. ☏ host > First of all, the number of people who have announced that they will participate in the class action lawsuit is one. 200You said at a press conference yesterday that it would be around 10,000 people.. Has it increased more in the meantime?, How about? ☏ Kim Kuk-il > yes, I really feel the power of broadcasting.. There was even a press conference yesterday 200There were about 1,000 people already. 1There are now over 1,000 people.. ☏ host > is it so? ☏ Kim Kuk-il > yes. ☏ host > However, yesterday, during the press conference, the CEO ‘one 100Several people were even entrusted with the task of filing criminal charges and accusations.’ This is what I said. In addition to filing a claim for damages, will you also file a criminal complaint?? ☏ Kim Kuk-il > What we do in Korea is both civil and criminal.. I used to SKT When the information was leaked, it was divided into two fields: civil and criminal, but at that time, civil was the main field and criminal was only a small part.. However, at Coupang this time, I divided the civil and criminal categories, and contrary to what I expected, almost half of the people applied for the criminal category as well.. ☏ host > Then the detective work is carried out in Korea.? ☏ Kim Kuk-il > yes, yes. ☏ host > So, can any Coupang member participate in this litigation group?? ☏ Kim Kuk-il > yes, yes. Anyone who has ordered at least one item from Coupang can participate.. ☏ host > However, in the United States, there is a class action system, so even if you are not included in the group of litigants, if a judgment is made, isn't there a system where the judgment is applied equally?, Does this have anything to do with this this time?? ☏ Kim Kuk-il > Unless you waive a right you do not wish to have by opting out, you will receive compensation according to the judgment even if you were not the plaintiff.. ☏ host > Even in this lawsuit.? ☏ Kim Kuk-il > yes, yes. Only those who became plaintiffs, The amount of compensation varies slightly between those who are members and not the plaintiff.. ☏ host > There is some difference. But you are saying that you can receive compensation.. ☏ Kim Kuk-il > yes, yes. ☏ host > How much is the compensation claim amount currently being calculated?? ☏ Kim Kuk-il > You asked the most difficult question.. Class action class action lawsuits in the U.S. have punitive implications. In the case of Korea 1big1 It's called compensation.. All you have to do is prove what kind of damage there is and compensate for that damage.. ☏ host > That's right. ☏ Kim Kuk-il > However, punitive damages in the United States ‘punishment’There is a meaning. When damages are caused by intentionally, illegally, and anti-social corporate activities, not only compensation for the damages, but also compensation in the form of punitive retribution is required for the intentional or serious negligence that caused the damages.. At the same time, compensation is also added as a deterrent to prevent something like this from happening again in the future.. So we cannot predict how much compensation will be awarded in class actions.. What I want most since I got to do class action is to become an investigative agency in the United States., Didn’t I say that in Korea, I handle civil and criminal matters?? In the US, it's actually a class action civil service.. We can utilize the discovery system in class action civil affairs in the United States.. ☏ host > Are you talking about the system that forces submission of data?? ☏ Kim Kuk-il > That's right. It has the same meaning as detective work in Korea.. Emails or reporting materials exchanged between Coupang headquarters and Coupang Korea held by the headquarters, Meeting materials, Next, the decisions made by the Board of Directors at Coupang’s headquarters, We can secure this information through Discovery.. I expect that the contents will be more reliable than those revealed by investigative agencies through investigations in Korea, and that a large amount of unexpected contents will be revealed.. ☏ host > You mentioned it briefly a while ago, but the data you want to secure through Discovery is mainly data that can prove, for example, that the US headquarters was aware of lax security or how they responded after personal information was leaked., Would you say that the focus is on this aspect?? ☏ Kim Kuk-il > yes, yes. To give a simple example, although it is not completely confirmed, Chinese security agents, When the employee in charge of the authentication left the company, he took the authentication key with him and used it to steal member information over a long period of time.? Such lax security management, Is it true that headquarters didn’t know about information management?? I just did what I've always done about it., what investment, I believe that such matters, such as investing or making changes to a security level that meets global standards, were discussed within the board of directors and Coupang headquarters.. If it wasn't discussed at all, it means ignoring security.. ☏ host > If you compare it to a public service society, it would be considered dereliction of duty., then? ☏ Kim Kuk-il > yes, yes. Most of the members are citizens 5If there are 10 million people 3500It can be said that there are 10,000 members, but there are really only a few thousand people who are managed., If it has been managed with a security system that manages tens of thousands of people, can't it be seen as a system that deserves social criticism?? Coupang headquarters was also informed that an internal employee was stealing data knowing this, but they did not take action quickly., Also, the number of people was reduced further., Or, even though they knew that reporting would be reduced, they announced it to the outside world only with a small number of people., announced, We also want to secure whether there are any emails or other materials that convey this kind of information.. ☏ host > Considering the possibility that the data may have been destroyed or concealed, is this also possible to track and confirm?? ☏ Kim Kuk-il > yes. There is a technology that can restore it without deleting it all from the computer data anyway., And if you conceal or destroy such materials, you will be subject to appropriate punishment such as obstruction of justice.. ☏ host > Then, if you file a lawsuit, the Discovery you mentioned, Is it possible to trigger this right away and request submission of data right away?? ☏ Kim Kuk-il > However, Class Action is a, Even in Korea, where class actions were created due to these limitations, class actions are still only available individually and have not been officially introduced.? It's the same in America. This is a very, very special case and it is recognized as a multi-victim lawsuit, so the first thing that is accepted by the court is that it is recognized as a class action.. Since all the victims are in Korea, it only happens in Korea, so the U.S. courts have no jurisdiction over this., Even if you ask, we can't accept it., This is how the U.S. court can rule again. ☏ host > How much of a possibility do you think it is?? ☏ Kim Kuk-il > I think the odds depend on us continuing to collect victims.. ☏ host > Do you think it depends on the number of victims?, Do you think it depends on the size of the litigation team?? ☏ Kim Kuk-il > I hope that multinational victims come forward along with the scale.. ☏ host > In countries other than Korea? ☏ Kim Kuk-il > yes. In particular, aren’t there also Koreans in the U.S.?? There are quite a few people like this who are also members of Coupang in Korea.. When these people file a lawsuit together with Korean citizens, even in the U.S. court, this is not just a Korean problem.. ☏ host > That's right. ☏ Kim Kuk-il > Just looking at the manuscript makes it difficult to reject it.. This is important to us and that is why we held a press conference yesterday.. many people, In particular, we hope that many people in the United States will participate.. I held this press conference to appeal that.. ☏ host > That's the key in the end.. If you look at it that way. ☏ Kim Kuk-il > yes it is. If you pass that gate, we will start a lawsuit in court and present evidence for both sides., Please provide proof, Of course, Coupang headquarters will only issue what is advantageous to them, right?? Then, we apply for discovery and the court says, “Please check everything.” This is how the process goes. ☏ Host > This lawsuit is being filed primarily by consumers and members, but isn't it possible for shareholders or investors to file lawsuits as well? ☏ Kim Kuk-il > That’s right. In this case alone, I think an investor lawsuit is possible because reporting, reporting, and notification were delayed, and there were violations of disclosure obligations, but since Coupang member users and consumers suffered the most damage, we are trying to focus here first. ☏ Host > Then, when do you expect to file a complaint? ☏ Kim Kook-il > Since so many people have responded positively, we are discussing internally whether we should actually go a little faster than expected. Originally, I was planning to file it somehow within the year, but I'm expecting that it might happen sooner. ☏ Host > You can't just cut a radish with a knife, so you initially thought that the standard was around 1,000 people? ☏ Kim Kuk-il > Yes, that’s right. ☏ Host > But the number of people exceeded 1,000 overnight. ☏ Kook-il Kim > Yes, that’s right. ☏ Host > Then, you can file a complaint right away. ☏ Kim Kook-il > Today, while I was having a morning meeting, I was in New York, and when I was meeting with American lawyers, my first estimate was that SKT, which we are still working on, would have about 1,000 people, but it fell short of that. Nevertheless, we proceeded because we had a deadline, and in the case of Coupang, of course, we expected SKT and set it at 1,000 people, but it surpassed the number in one day, so you can see how the people are so angry about Coupang that they cannot resolve it. So, at this morning's meeting, we just said, let's just take 10,000 people. ☏ Host > Okay. Lastly, I would like to ask this question. It is about the speed of litigation. If the Korean government's investigation results are officially announced and fines are imposed on them, will the speed of litigation in the United States speed up, and what will happen? ☏ Kim Kuk-il > That’s right. Wasn't the reason we filed a civil and criminal complaint, especially a search and seizure in the criminal case? ☏ Host > That’s right. ☏ Kim Kook-il > If the process of the leak through the search and seizure, who leaked it, how this friend leaked it, what preparations were made at the company level for it, and whether the company knew about it even after it was leaked and then covered it up again, if these things come out through the investigation, wouldn't there not be a lot of information to check even if we apply for discovery? ☏ Host > That’s right. That's right. ☏ Kim Kuk-il > Rather, the reason for proceeding with both Korea and the United States is that there is an advantage in being able to use the data obtained from one side for the other side. ☏ Host > Yes, I understand. I think we should listen to today's words up to this point. There are probably many people who are watching the litigation progress. Thank you. Representative. ☏ Kook-il Kim > Yes, thank you. ☏ Host > We were with Kim Kuk-il, CEO of Daeryun Law Firm.[View full article] [Focus] Coupang class action lawsuit, "Concealment of headquarters data is not possible... U.S. court can proceed with forced submission and restoration procedures" (Go here)

South Korean retailer suffers from massive customer information breach. SEOUL, Dec. 8 (UPI) -- South Korean top online retailer Coupang is facing a crisis after a data breach exposed information from 33.7 million customer accounts, or more than 63% of the country's population of 51.7 million. Coupang acknowledged late last month that names, email addresses, phone numbers and delivery addresses were leaked, although it claimed that payment information and credit-card data were not compromised. The fallout has been swift, with clients showing signs of abandoning the popular e-commerce platform and potential victims filing lawsuits at home and abroad. According to data from local analytics firm IGAWorks on Monday, the number of daily active users of Coupang declined more than 10% in the last week, dropping to 16.18 million Friday from 17.99 million Dec. 1. The company also faces growing legal risks as more lawsuits emerge. Seoul-based law firm Chung already filed suit in a Seoul court early this month on behalf of 14 Coupang users. It seeks $136 in compensation per plaintiff. "This kind of lawsuit takes quite a lot of time. Hence, we started the process early on. The number of participants may increase in the future," Chung lawyer Kwak Joon-ho said in a media interview. Another law firm, Daeryun, said it plans to pursue a class action against Coupang in the United States. The global head office of Coupang is Seattle, and the company is listed on the New York Stock Exchange. "Our U.S. affiliate SJKP will lead the lawsuit against Coupang. As the U.S. law permits a class action, we will seek punitive damages with the aim of raising corporate awareness," Daeryun lawyer Jason Jang told UPI. The Seoul administration is expected to impose heavy sanctions on Coupang, according to President Lee Jae Myung, who said that during a Cabinet meeting earlier this month. "We are required to identify the cause of the incident as soon as possible and hold those responsible strictly accountable," Lee said. "I urge the relevant ministries to take effective and practical measures, such as strengthening fines." Lee raised the possibility of punitive damages. The state-run Personal Information Protection Commission is likely to levy substantial fines. Under South Korean law, financial penalties can reach up to 3% of a company's related revenue.As Coupang reported sales of $2.8 billion last year, potential fines could top $800 million for a record amount since launch of the commission in 2020. The previous high fine was less than $100 million. South Korea vulnerable to hacking accidents Coupang's massive data breach adds to a string of recent security failures involving major South Korean corporations, including leading mobile carrier SK Telecom. Earlier this year, SK Telecom admitted that a cyberattack compromised sensitive data on its network, compromising critical information of up to 24 million subscribers. As a result, the firm was fined $92 by the commission and was required stop adding clients for nearly two months, in line with the government guidelines. Last month, the nation's No. 1 crypto exchange, Upbit, experienced a breach in which virtual assets worth $30 million were transferred from its hot wallets to unauthorized external wallets. AhnLab, a leading cybersecurity company, noted that the country remains an appealing target for hackers. "The concentration of cyberattacks on South Korea can be attributed to its high dependence on IT, the high value of its digital assets and its relatively low level of investment in information security compared to the global average," AhnLab Director Yang Ha-young told UPI. Sogang University economics Professor Yoon Suk-bin voiced similar concerns. "Korea has digitalized most sensitive personal information, and the data is owned by a small number of large corporations. Hackers can strike a jackpot by targeting them," Yoon said in a phone interview. "Worse, our companies tend to cut their security budgets when incidents do not occur," he added. "As platforms grow larger, they should crank up investment in security infrastructure, but in reality, they move in the opposite direction." [View full article] NYSE-listed coupon faces crisis (link)

[Anchor] Litigation pressure is growing both domestically and internationally against Coupang, which suffered a large-scale personal information leak of over 30 million items. In Korea, the number of subscribers to the class action cafe has exceeded 600,000, and preparations for a class action lawsuit are in full swing in the United States, where the company's headquarters is located. Reporter Soo-young Yoon. [Report] A domestic law firm that is preparing a lawsuit by gathering victims of Coupang's information leak has decided to file a lawsuit for damages against Coupang's headquarters in the United States. It is predicted that if Coupang's gross negligence is acknowledged in the United States, where punitive damages are active, the amount of compensation could reach trillions. 2021 In the T-Mobile hacking incident in which 76 million people's personal information was leaked, each person was compensated up to 32 million won. Gye-Jun Son / Domestic class action lawyer "There is responsibility for negligent management in that personal information was leaked with the authentication key of a retiree. A class action lawsuit is expected to be filed in the United States and the punitive damages system will also be used..." There is also an intention to put pressure on Coupang Chairman Kim Beom-seok, who has not been seen since the hacking incident and is staying in the United States. I see it. Lee Hoon-ki / Representative of the Democratic Party of Korea (Last 2nd, National Assembly Over-Defense Committee) "Are you not willing to apologize, then? What about Chairman Kim Beom-seok?" Park Dae-jun / CEO of Coupang "As the representative of the Korean corporation, I will take full responsibility and do my best to resolve the situation." A law firm in New York is also preparing a class action lawsuit by gathering shareholders who suffered losses due to the decline in the stock price. Pressure for lawsuits against Coupang is intensifying in Korea as well. There is. The number of online cafe subscribers preparing for a class action lawsuit has exceeded 600,000, and a law firm has reported Coupang CEO Park Dae-joon and others to the police on charges of breach of trust, etc. This is Yoon Soo-young of TV Chosun. Reporter Sooyoung Yoon (swim@chosun.com)[View full article] Class action lawsuit against Coupang spread to the United States... Is ‘punitive damages’ a reality? (Shortcut)

"us court 'discovery' Disclosure of internal data according to procedures 'smoking gun'""Insufficient internal control system, Important litigation issues such as follow-up response process" 3370A class action lawsuit is being filed against Coupang's U.S. headquarters, which caused 10,000 personal information leaks.. Daeryun Law Firm is leading the litigation. "Information leakage itself is also a problem., Management's failure to make judgments during the post-action response process is also an important litigation issue and responsibility will be pursued until the end."said.Daeryun’s U.S. subsidiary 'SJKP LLP'Is 8Day(local time) One World Trade Center, Manhattan, New York, USA(1WTC) my SJKP At a press conference held at the office, Coupang's U.S. headquarters 'Coupang I&C(Inc.)'The legal basis for the lawsuit for damages against was explained as follows..Daeryun’s side "If you delegate the Korean lawsuit, the U.S. lawsuit will automatically proceed in parallel."While, US courts (plaintiff's) than nationality 'Who gave the cause?'considers important. Of course, Korean residents are also eligible to be plaintiffs."and said.Daeryun’s side "Plaintiff, the minimum requirement to file a lawsuit 40Beyond the number of people to the present 200secured more than"as "In order to clearly persuade the court, we plan to gather victims not only in Korea but also around the world to increase the scale and submit the complaint within the year."said.In particular, Daeryun's side recommends that Korean victims file lawsuits in the U.S. in parallel, and that Daeryun's side requests discovery of evidence in U.S. courts.(Discovery) I chose the system. There are realistic limits to the ability of Korean investigative agencies to search and seize internal materials of the U.S. headquarters, so if a U.S. lawsuit proceeds, the headquarters' board of directors meeting minutes will be used through the evidence discovery process., Security Investment Decision History, Secret internal data, such as reporting systems, can be forcibly disclosed, which is a key part of litigation. 'smoking gun'emphasized that this could be.Next are Kim Kuk-il, CEO of Daeryun Management, and New York Attorney Son Dong-hoo., Tal Hirshberg(Tal Hirshberg) This is a Q&A conducted with New York State attorneys and others..―When a victim who applies for a Korean lawsuit files a U.S. lawsuit simultaneously, Are there any separate costs?.▶does not occur. If you delegate the Korean lawsuit, the U.S. lawsuit will automatically proceed in parallel., There is no separate deposit or additional cost for this.. The same applies to U.S. citizens who must pursue U.S. lawsuits alone.. a U.S. citizen SJKP Apply through the law firm website or, Even if you only file for a U.S. lawsuit through the Korean law firm Daeryun website, the cost is completely free.. This lawsuit is the first case filed in New York led by a Korean law firm., We plan to proceed systematically, step by step, without burdening the victims..―The amount of damages in Korea is small.(30only10010,000 won)It's just. US punitive damages(Punitive Damages) The expected size of the claim is.▶The amount awarded by Korean courts is far too low compared to the pain suffered by victims.. On the other hand, the United States has a structure in which not only those who file lawsuits but also all victims who prove damage can receive compensation., Its scale is incomparably larger than that of Korea.. In particular, punitive damages go beyond simple compensation. "You shouldn't run a business like this."has the meaning of sounding an alarm. If the court recognizes Coupang’s malice or gross negligence, An astronomical compensation ruling could result..―The actual damage from information leak occurred in Korea.. Is it possible to file a lawsuit against a U.S. corporation?.▶It's quite possible. Shares of Coupang Corporation 100%The parent company that owns is a Delaware corporation in the United States. 'Coupang(Coupang Inc.)'am. Server Management, personnel system, The entity that oversees internal control, etc. is the head office.. Even if the damage occurred in Korea, We will hold the Delaware parent company directly accountable for the fact that the headquarters management who designed and managed the security system is avoiding responsibility without taking appropriate measures..―The specific legal basis for this class action lawsuit is.▶There are two key points. first, Insufficient data monitoring and internal control systems. second, After the incident occurred, there was no recognition or recovery action from the headquarters level.. Information leakage itself is also a problem., Management judgment during follow-up response process(Business judgment & fiduciary duty) Failure is also an important litigation issue.. We will pursue responsibility for this until the end..―There also seem to be securities law issues, such as violation of disclosure obligations., The reason for filing a consumer lawsuit first rather than an investor lawsuit is.▶It's a strategic choice. Delaware courts have traditionally been very pro-business.(corporate-friendly)The threshold for shareholder lawsuits is high due to the propensity for. So we have users in New York, etc.(consumer) First, file a lawsuit focusing on the damage and secure jurisdiction., Small intestine correction(Amendment)We will adopt a strategy to expand the scope to include shareholder damage through.―What is the situation for victims in the U.S. and abroad?.▶Coupang’s parent company is a British e-commerce company. 'farfetch(Farfetch)' acquired user data in North America and Europe., in korea R.LUXIt is doing business under the name. It is very likely that their information was also leaked during the system linking process.. We are currently securing victims in North America and Europe., We plan to report the global damages, including these, in the complaint..―How are Korean criminal charges and U.S. civil lawsuits connected?.▶Korean lawsuits are judged to focus on information leaks that occurred in Korea and damage to domestic consumers., U.S. litigation is the responsibility of the higher-level U.S. headquarters for management and supervision., In other words, it has the nature of questioning the failure of governance at the global level.. Coupang's ultimate decision-making body is the U.S. headquarters., Considering that the board of directors and management have exercised key authority over security and risk investments, reviewing legal liability in the United States is essential.. In addition, there are a significant number of US citizens, permanent residents, and users residing in the US., Separate procedures for recovering damages in the United States are also necessary.. As a result, the perspectives and legal principles of the lawsuits in the two countries are different., have a complementary relationship with each other.―Do Korean consumers have to file a Korean lawsuit in order to participate in a U.S. lawsuit?.▶American courts are more important than nationality. 'Who gave the cause?'considers important. Therefore, Korean residents are naturally eligible to be plaintiffs.. but, It is strategically advantageous to secure specific damage proof materials through Korean litigation, so it is strongly recommended to carry out litigation in both countries simultaneously.. Proceeding exclusively with U.S. lawsuits is limited to special cases, such as U.S. citizens..―What is the benefit of filing a lawsuit in both Korea and the United States when the victim is the same?.▶The biggest reason is that the U.S. 'discovery(Discovery·discovery)' Because of the system. There are realistic limits to the ability of Korean investigative agencies to search and seize internal data from the U.S. headquarters.. However, if the U.S. lawsuit proceeds, the headquarters' board of directors meeting minutes will be obtained through the discovery process., Security Investment Decision History, Confidential internal data, such as reporting systems, can be forcibly disclosed.. This is the core of this lawsuit 'smoking gun'this will be. ―When is the time to file a complaint?.▶Plaintiff, the legal minimum requirement to file a lawsuit 40Recruitment has already been achieved (today 200Secure more than 100 people). You can submit it as soon as tomorrow, but, The timing is being adjusted for strategic reasons.. first, Only by gathering victims not only in Korea but all over the world and increasing the scale can we truly persuade the U.S. courts.. second, This is because of litigation strategy security.. The specific date is being kept private to prevent other law firms from excessively intervening or imitating the strategy and causing confusion to victims.. but, The goal is within the year(12during the month) There is no change in submission.―The total size of the lawsuit 7billion dollars(approximately 1trillion won)Even if I say that, all victims 3000Divide by 10,000 people 1per person 2only3It's only about 10,000 won. Is actual damage recovery possible?.▶not so. Settlement of U.S. class action lawsuit(Settlement)are not all victims, Plaintiff who participated in the actual lawsuit(Class members)It is common to calculate and distribute. Therefore, the amount received by those who did not participate in the lawsuit is different from those who did.. past AT&T At the time of similar information leakage incidents such as 1per person 60I remember receiving compensation of about 10,000 won.. Of course, in this case, Since the amount of damage or number of plaintiffs has not yet been confirmed, it is currently difficult to say in detail the expected amount of compensation., It is expected that the amount of compensation will be higher than the typical amount of compensation that can be received in Korean lawsuits..―Has it been confirmed that the US headquarters has access to the Korean server?.▶Delaware corporation through in-house research(head office)We have identified the circumstances under which this Korean system is being managed.. However, conclusive physical evidence for this(server logs, etc.)In order to secure court discovery(Discovery) Procedure is necessary. This is why we file lawsuits. Only when a lawsuit is initiated can internal data be secured to prove the head office's management responsibility through legal enforcement..―What is the key basis for determining that U.S. courts have jurisdiction?.▶of the incident 'transnational(Multinational)' It's because of personality. Headquarters in the United States(delaware), Platform services in Korea, And the security development company is China(shanghai)It is located in. Since this is a 'borderless' data breach case in which the perpetrator, victim, and management system span multiple countries, it is appropriate for the U.S. federal court, rather than a specific regional court, to deal with it comprehensively. -What are the specific charges (Cause of Action) that will be specified in the complaint? ▶There are three major types: △Data Breach, △Violation of Consumer Protection Act, and △Violation of Security Duty. Although there are issues of violation of shareholders' disclosure obligations (Securities Act), we plan to apply consumer-related charges first to focus on protecting victims, and will adopt a strategy of adding or merging charges (multi-district litigation) during future litigation proceedings. Correspondent Ryu Jeong-min (ryupd01@news1.kr)[View full article] [Q&A] “Coupang’s Korean victims can pursue U.S. lawsuits simultaneously at no additional cost” (Shortcut)

<Anchor>Victims of personal information leaks are also pursuing a class action lawsuit against Coupang's headquarters in the United States. A law firm is taking the lead in gathering victims, and if the U.S. court recognizes punitive damages, Coupang will have to pay a huge amount of compensation. Today (9th), Correspondent Lee Han-seok reports from Washington for the first news. <Reporter> The U.S. branch of a Korean law firm has decided to file a class action lawsuit in a U.S. court against Coupang Inc., the U.S. headquarters of Coupang. Coupang I&C is a company in which founder and chairman Kim Beom-seok holds 74% of the voting rights. It owns all of the shares of Coupang's Korean subsidiary. Separate from the lawsuit filed in Korea, this is a lawsuit for damages against the US headquarters. The law firm explained that the US is a fundamentally differentiated lawsuit that deals with governance failures and violations of disclosure obligations of listed companies. [Kook-il Kim / CEO of Daeryun Law Firm: If the US headquarters has actual access to the system data of the Korean subsidiary, the US court can force the submission of relevant materials regardless of where the server is located.] The role of Coupang's headquarters is not limited to civil litigation in Korea. He explained that it is difficult to find out, and that the issue of the trial will be what role the headquarters played in the relationship between the U.S. headquarters and the Korean subsidiary. Based on past precedents, he said he will seek punitive damages against companies with gross negligence and hold Coupang accountable for violating its governance and risk management obligations. In the United States, if the company's gross negligence is proven, the amount of compensation can grow to an astronomical level. A class action lawsuit was filed after the personal information of about 76 million customers was leaked, and 350 million dollars and 510 billion Korean won were spent in settlement money for consumers. The law firm said that about 200 people who participated in the Korean lawsuit so far also participated in the U.S. lawsuit, and that they will file a lawsuit in court within this year as soon as more litigants are added. (Video coverage: Oh Jeong-sik and Lee Hee-hoon, Video editing: Choi Hye-ran) Han-seok Lee Reporter lucaside@sbs.co.kr[View full article] SBS - Class action lawsuit against Coupang in the US... Promoting punitive damages (link) KBS - Class action lawsuit against Coupang's U.S. headquarters... “Punitive Damage Litigation” (Shortcut) Seoul Economic Daily - Class action lawsuit filed against Coupang in the US for ‘punitive damages’… “Mandatory investigation, large-scale compensation possible” (link) Yonhap News - Class action lawsuit against Coupang pursued in the U.S.... “We will address management failures at the U.S. headquarters” (link) Seoul Shinmun - Office of the President “Coupang takes immediate measures to prevent secondary damage… Intensive investigation into hiring all officials from the Fair Trade Commission” (Go to link) Korea Economy - Class action lawsuit arrow aimed at Kim Beom-seok... “I will hold you responsible for punitive damages” (link) Dong-A Ilbo - Class action lawsuit against Coupang in the US... “We will lead to reasonable compensation for damages through punitive damages exclusion” (link) Nocut News - Class action lawsuit filed against Coupang's U.S. headquarters... Will there be punitive damages? (Shortcut) Asia Economy - US files suit against Coupang for punitive damages... “Goal of submitting a complaint within the year” (link) Daily Good News - "Coupang information leak incident, failure to manage U.S. headquarters to be disputed in U.S. court" (Shortcut) Aju Economy - "Coupang information leak incident will be disputed in U.S. court over failure to manage U.S. headquarters" (link) News Pim - The U.S. also pursues a class action lawsuit against Coupang... "We will investigate the negligence of management and supervision at the U.S. headquarters" (Shortcut) JoongAng Ilbo - "Coupang information leak incident, failure to manage U.S. headquarters to be disputed in U.S. court" (Shortcut) Nocut News - Coupang incident, 'class lawsuit' planned not only in Korea but also against the U.S. headquarters (Click here) Maeil Business Newspaper - Coupang punitive lawsuit in the U.S. gathers 1,000 people by the end of the year... “Focus on violations of governance and disclosure obligations” (Shortcut) Women's News - Coupang victims file class action lawsuit against U.S. headquarters...claim for punitive damages (link) Edaily - Coupang information leak, responsibility for management of U.S. headquarters disputed in U.S. court (Go here) Korea Economic Daily TV - “We will hold Coupang accountable in court in the U.S.”...Pushing forward with class action lawsuit targeting corporate governance (Go here) Chosun Ilbo - ‘Coupang information leak’ lawsuit filed in the U.S. “Punitive damages against head office” (link) Kookmin Ilbo - Coupang lawsuit between the US... “We will delve into the role of headquarters” (Shortcut) Korea Economic Daily - Coupang information leak, contested in U.S. court..."Parent company class action lawsuit" (Go here) The Hankyoreh - “Class action lawsuit against Coupang headquarters within the year…claim for punitive damages” (link) Financial News - Coupang personal information leaked, class action lawsuit filed in the U.S. (Click here) Dailyan - Class action lawsuit against Coupang in the U.S.... “We hold headquarters legally accountable” (Shortcut) Korea NGO Newspaper - Class action lawsuit against Coupang pursued in the U.S.... “Claim for punitive damages” (link) Yonhap News - Class action lawsuit against Coupang pursued in the U.S.... “Addressing management failures at the U.S. headquarters” (comprehensive) (link) EBN - [Coupang incident] Class action lawsuit against Coupang's parent company in the US... “We will deal with risk management failure” (link) Gyeonggi Ilbo - Class action lawsuit against Coupang in the United States... “We will hold the U.S. headquarters responsible” (link) EToday - U.S. pursues class action lawsuit against Coupang... "We will seek substantial compensation for victims" (Shortcut) Cheonji Ilbo - Korean law firm's U.S. subsidiary pursues class action lawsuit against Coupang's U.S. headquarters (link) Issues & Biz - U.S. prepares to file class action lawsuit against Coupang... “The key is whether the headquarters is responsible” (Comprehensive) (Shortcut) Gangwon Domin Ilbo - Coupang personal information leaked, punitive damages suit filed in the U.S. (Click here) M Today - Punitive class action lawsuit filed against Coupang in the U.S.... 33.7 million people may receive compensation (link) Herald Economy - “Coupang information leak incident, headquarters management failure to be disputed in U.S. court” (link) Korea Economy - Coupang information leak ‘aftereffects’… Class action lawsuit against head office pursued in the U.S. (Click here) Money Today - When 76 million people were robbed, 510 billion won was paid... Coupang incident, class action lawsuit announced in the US (link) HBN News - Class action lawsuit filed against 'Coupang headquarters' for 'punitive damages' in the U.S. (Click here) Kyunghyang Shinmun - Coupang information leak appears in U.S. court in ‘country of litigation’... Will ‘punitive damages’ be withdrawn? (Shortcut) Chungcheong Daily - Class action lawsuit against Coupang pursued in the U.S.... “Addressing management failures at the U.S. headquarters” (comprehensive) (link) Econo News - ‘Punitive damages’ lawsuit filed against Coupang in the US… Goal of submitting complaint within the year (link) Global Economy - Class action lawsuit against Coupang pursued in the US... “Addressing management failures at the U.S. headquarters” (comprehensive) (link) Newsian - Punishment damages class action lawsuit against Coupang's U.S. headquarters (Go here) Deal Site Economy TV - Class action lawsuit against Coupang in the U.S.... “We will deal with governance failures” (link) Weekly Today - [Weekly Today] Coupang information leak incident, class action lawsuit pursued against headquarters in the U.S. (Go here) Daily Korea - A class action lawsuit is being filed in the U.S. regarding Coupang personal information leakage incident... “We will deal with management failure” (Shortcut) Money Today - A class action lawsuit against Coupang is also being pursued in the United States... “We will address management failures at the U.S. headquarters” (link) Yonhap Infomax - Coupang fosters consumerism... Dispute mediation applications increased by 100 in just two days (link) Jeonnam Ilbo - Notice of punitive damages class action lawsuit against Coupang in the U.S. (Click here) Economist - "We will capture Coupang's headquarters"... Punishment damages class action lawsuit pursued in U.S. court (link) Delight.net - Korean law firm pursues punitive damages class action lawsuit against Coupang (Click here) Daily Pop - [News Zoom-in] Coupang robbed of 33.7 million people... Decoupang, class action lawsuit, and unprecedented sanctions fallout (click here) KBS - “Coupang information leakage incident, class action suit filed in U.S. court for mismanagement of U.S. headquarters” (link) Yonhap News TV - "Coupang's failure to manage its U.S. headquarters will be contested in U.S. court"... Expected to file a claim for punitive damages (link) SBS Biz - The U.S. pursues a class action lawsuit against Coupang for punitive damages... “We will discuss management failures at headquarters” (link) YTN - Policy to file a class action lawsuit against Coupang's U.S. headquarters in New York (link) SBS - "Coupang information leak incident, failure to manage U.S. headquarters to be disputed in U.S. court" (link) YTN - Class action lawsuit pursued against Coupang's US headquarters in New York...More than 200 plaintiffs secured (link) MBC - Class action lawsuit for 'Coupang incident' in the U.S. "The U.S. headquarters is also responsible" (Shortcut) SBS - "Coupang information leak incident, failure to manage U.S. headquarters to be disputed in U.S. court" (link) YTN - Class action lawsuit scheduled to be filed against Coupang's U.S. headquarters in New York (Click here) YTN - Class action lawsuit pursued against Coupang's US headquarters in New York...More than 200 plaintiffs secured (link) KBS - Class action lawsuit against Coupang's U.S. headquarters... “Punitive Damage Litigation” (Shortcut) YTN - Coupang pursues class action lawsuit against U.S. headquarters... Will 'punitive damages lawsuit' become a reality? (Shortcut) MBN - Class action lawsuit against Coupang's U.S. headquarters (click here) SBS Biz - Korean-American law firm "will dispute Coupang information leak, failure to manage U.S. headquarters" (link) TJB Daejeon Broadcasting - "Coupang information leak incident, failure to manage U.S. headquarters to be disputed in U.S. court" (Go here) YTN - [Subtitle News] “Even if you can’t do it in Korea, it’s different in the U.S.”...Is Coupang facing an astronomical fine? (Shortcut) SBS - Class action lawsuit against Coupang in the US... “We will address management failures at headquarters” (link) MBN - Class action lawsuit against Coupang's U.S. headquarters (click here) YTN - Separate class action lawsuits in Korea and the U.S. due to Coupang incident (link) Yonhap News TV - Coupang class action lawsuit pursued in the US... Aftershock magnitude 6.4 in Japan (link) Legal Broadcasting News - Class action lawsuit against Coupang pursued in the U.S.... "We will address management failures at the U.S. headquarters" (Shortcut) MBC - Coupang incident spreads lawsuit war, class action lawsuit filed against U.S. headquarters (Go here) Maeil Business News TV - Class action lawsuit against Coupang in the U.S. (Go here) Legal Times - Class action lawsuit against Coupang's U.S. headquarters for personal information leakage (Go here) National Daily News - “We will hold Coupang responsible for punitive compensation”… Class action lawsuit pursued in the U.S. (Click here) Newsbus - Class action lawsuit against Coupang headquarters in the US... “Punitive Damages” (Shortcut) NewsQuest - Punitive damages emerged due to the 'Coupang incident'... Litigation against headquarters in the U.S. (link) Field News - Class action lawsuit against Coupang in the US... Claim punitive damages from US headquarters (link) News 1 - Class action lawsuit against Coupang headquarters pursued in the United States... “Punitive damages for management failure” (link) The Sen News - Coupang lawsuit in the US... “We will dig into the management conditions at the head office” (Shortcut) Next Daily - Coupang, number of users plummets by more than 1.81 million... Competitors ‘reflect profits’ (Click here) Weekly Chosun - "Coupang, let's be judged in the U.S."... U.S. law firm files class action lawsuit targeting Coupang (Go here) Yonhap Infomax - “The ultimate responsibility lies with Coupang’s headquarters in the U.S.”… Class action lawsuit against Coupang headquarters in the U.S. (comprehensive) (Go here) POSJOURNAL - [Coupang Information Leak] Class action lawsuit against Coupang's U.S. headquarters pursued...claim for punitive damages (Click here) My Daily - Class action lawsuit against Coupang's U.S. headquarters... “Claim for punitive damages” (link) Security News - [Coupang Hacking] Class action lawsuit against Coupang's U.S. headquarters pursued... “Compensation of 600,000 won per person for similar cases” (Shortcut) Cookie News - Coupang class action lawsuit pursued in the U.S.... “We will deal with management failures at headquarters” (link) Segye Ilbo - Is the Coupang incident a signal for the realization of ‘punitive damages’? (Shortcut) NewsQuest - Pursuing a ‘punitive damages claim’ against Coupang’s headquarters in the U.S.… Lawsuits likely to continue in the U.S. (link) Shina Ilbo - U.S. law firm plans to seek punitive damages from Coupang for 'personal information leak' (Go here) Digital Times - Pursuing a ‘punitive damages lawsuit’ against Coupang in the US… “Filing a lawsuit within the year” (Shortcut) AVING News - ‘Coupang’, which leaked tens of millions of personal information, insisted on a passive response, but the U.S. headquarters also pursued a class action lawsuit... “Filing a punitive damages suit for management failure” (link) Economic Review - Coupang class action lawsuit pursued in the U.S.... “The ultimate responsibility rests with the U.S. headquarters” (link) Tax Ilbo - Coupang leak incident 'litigation war' expands, class action lawsuit filed against US headquarters... “Punitive damages” (link) A Better Future - A class action lawsuit against Coupang is also being pursued in the United States... “Possibility of hundreds of billions” (Shortcut) Seoul Economy News - “Class action lawsuit against Coupang’s U.S. headquarters within the year…claim for punitive damages” (link) Asia Times - Both Korea and the U.S. are preparing a 'class action lawsuit' against Coupang... Promotion of ‘punitive damages’ (link) Chosun Biz - Coupang's U.S. headquarters is expected to sue for punitive damages... Victim’s side: “If possible, file suit within the year” (link) The Fact - Coupang used to say “We are an American company”… Rather, it will become a self-defeating act (Shortcut) Financial Post - “Koreans can’t quit Coupang? Wrong”… ‘Talpang in full swing’ with 1.81 million people missing in four days (Shortcut) Chosun Biz - “U.S. and European consumer data may also be leaked”… U.S. Coupang pursues ‘punitive damages’ (link) Current Affairs Journal - ‘US class action lawsuit’ targeting Coupang headquarters… “Punitive compensation with a strong blade” (Shortcut) Newsis - Coupang class action lawsuit pursued in New York... “Substantial compensation must be achieved” (link) Daehan Economic Daily - ‘Coupang Personal Information Leak’ Holds Headquarters Responsible in U.S. Court (Shortcut) JoongAng Ilbo - Separate class action lawsuit against Coupang headquarters... “We will deal with the responsibilities of the U.S. headquarters” (link) Industry News - Coupang personal information leak controversy spreads... U.S. class action lawsuit formalized “Aiming for punitive damages” (Shortcut) Herald Economy - “Coupang incident, headquarters management failure to be disputed in U.S. court” (link) Dong-A Ilbo - ‘Coupang information leak’ Kim Beom-seok returns to National Assembly… Over-defense, adopted as a witness for hearing (link) MS Today - “33.7 million items leaked” Coupang pursues class action lawsuit against US headquarters for punitive damages (Go here) Green Post - Coupang suffers strong aftereffects due to lack of ESG... Police search and seizure, users ↓ 2 million, class action lawsuit (link) Tax and Finance News - Daeryun, ‘Coupang U.S. lawsuit’ proceeds in New York federal court… File a consumer lawsuit first (Go here) Korea Financial Newspaper - “I can live without Coupang”, increasing number of defectors... Personal information leaked to 2 million people in just 5 days↓ (Shortcut) Safe Times - Coupang's U.S. headquarters pursues class action lawsuit for "punitive damages" (Go here) Tomorrow Newspaper - Class action lawsuit filed against Coupang's U.S. headquarters (link) JoongAng Ilbo - Coupang faces punitive damages lawsuit in the US... Law firm SJKP pursues class action lawsuit (Click here) Metro Newspaper - Aftereffects of Coupang's 'information leak'... Will the path to astronomical compensation be opened in the US? (Click here) Sky Daily - Search and seizure, hearing, US lawsuit... Coupang is beleaguered (link) Kukje News - Government puts all-out pressure on Coupang... Police search and seizure of Kubang headquarters (link) Smart Today - Coupang, information leak incident spreading in all directions, "beleaguered" (Click here) Hankook Ilbo - Class action lawsuit against Coupang in the U.S., "Punitive damages for serious negligence" (link) Hankyoreh - “The place where security was breached was the board room at the US headquarters”… Coupang pursues class action lawsuit in the U.S. (Click here) World Biz - Talpang in full swing and US lawsuit... Information leak incident all over the place (Click here) Cheonji Ilbo - Is Coupang risk increasing? Pursuing a class action lawsuit in the U.S. and preparing for a hearing in Korea (Go here) Yonhap News TV - Coupang class action lawsuit in the US... Magnitude 7.5 earthquake in Japan (link) BBS NEWS - Angry consumers pursue class action lawsuit against Coupang's U.S. headquarters (Click here) TBS - Class action lawsuit against Coupang in the US... “We will address management failures at the U.S. headquarters” (link) JTBC - Coupang users decreased by 1.81 million...Suit filed in the U.S. "We will uncover the truth with the powerful blade of U.S. law" (Shortcut) Channel A - ‘Coupang lawsuit’ heads to the U.S.… “Punitive damages filed against Coupang headquarters” (Shortcut) SBS BIz - Coupang lawsuit spread to US headquarters... Pursuing a claim for punitive damages (link) MBC - ‘Coupang’ class action lawsuit in the U.S. “Headquarters management failure will be investigated” (Shortcut) EToday - Coupang lawsuit over 'information leak' spreads to U.S. headquarters...Issues such as plaintiff eligibility (Go here) YTN Science - Separate class action lawsuits in Korea and the U.S. due to Coupang incident (Click here) Deal Site - Litigation spread to the United States... The key issue is (go to) Pressian - Coupang personal information leaked, eventually taken to U.S. court... “We will ensure that actual compensation is provided” (link) News Watch - Coupang, sued in class action lawsuit for punitive damages 'right before our eyes' (Click here) Women’s Chosun - Will Coupang be judged in the US, the ‘land of litigation’? “Punitive Damage Litigation” (Shortcut) Hankook Ilbo of the Americas - ‘Punitive damages lawsuit’ against Coupang in the US… Korean Americans also participate (link) Pinpoint News - Coupang U.S. class action lawsuit begins in earnest... Expansion of compensation amount ‘tactile’ (link) Korea Economic Daily TV - 2 million people 'exempt from Coupang'... Punitive damages to US headquarters (link) SBS Biz - Regarding Lee Coupang, "Review of compulsory investigation rights... Realization of fines" (link) Yonhap News TV - [Anchor Report] Class action lawsuit over 'Coupang incident' in the US... Police conduct search and seizure of Coupang headquarters (link) MBN - Police search and seize Coupang for 'information leak'... US litigation begins in earnest (link) Channel A - Class action lawsuit against Coupang headquarters in the United States... Can I participate in Korea as well? (Shortcut) MBC - ‘Coupang lawsuit’ begins in the U.S.. Victims in the U.S. seek evidence and seek ‘punitive compensation’ (link) SBS - "Class damages lawsuit against US headquarters"... Astronomical compensation? (Shortcut) TV Chosun - Police seize and search Coupang... Class action lawsuit filed by U.S. troops stationed in Korea (link) YTN - Class action lawsuit scheduled to be filed against Coupang's U.S. headquarters in New York (Click here) SBS - "Class damages lawsuit against US headquarters"... Astronomical compensation? (Shortcut) TV Chosun - Police seize and search Coupang... Class action lawsuit filed by U.S. troops stationed in Korea (link) MBN - Police search and seize Coupang for 'information leak'... US litigation begins in earnest (link) Sunday Newspaper - Coupang customer information leakage spreads to the United States... Will there be a noose for punitive damages? (Shortcut)