Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, July 08, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Coupang, Inc. ("Coupang" or the "Company") (NYSE: CPNG) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Coupang investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On or around March 11, 2021, Coupang conducted its initial public offering ("IPO"), and the company sold 130 million shares for $35. Since the IPO the stock has plummeted and on July 7, 2022, Coupang stock closed at $16.20.
Specifically, Johnson Fistel's investigation seeks to determine whether the Company's filings with the U.S. Securities and Exchange Commission in connection with its March 2021 IPO and subsequent investor communications contained untrue statements of material facts or omitted to state other facts necessary to make the statements made therein not misleading concerning the Company's business, and operations.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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