Class action lawsuit against Coupang spread to the United States... Is ‘punitive damages’ a reality?

[Anchor]
There is growing pressure from both domestic and overseas lawsuits against Coupang, which suffered a large-scale personal information leak of over 30 million items. In Korea, the number of class action cafe subscribers has exceeded 600,000, and preparations for a class action lawsuit are in full swing in the United States, where the company is headquartered.

This is reporter Sooyoung Yoon.

[Report]
A domestic law firm that is preparing a lawsuit by gathering victims of Coupang's information leak decided to file a lawsuit for damages against Coupang's headquarters in the United States.

In the United States, where punitive damages are active, there is speculation that if Coupang's gross negligence is acknowledged, the amount of compensation could reach trillions.

In the 2021 T-Mobile hacking incident in which 76 million people's personal information was leaked, each person was compensated up to 32 million won.

Kyejun Son / Domestic class action lawyer
“We are responsible for negligent management in that personal information was leaked using the retiree’s authentication key. It is expected that a class action lawsuit will now be filed in the U.S. and the punitive damages system will also be utilized...”

It appears that 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 currently staying in the United States.

Lee Hoon-ki / Democratic Party of Korea lawmaker (last 2 days, National Assembly over-defense committee)
“Are you not willing to apologize then? What about Chairman Kim Beom-seok?”

Daejun Park / Coupang CEO
“As the representative of the Korean corporation, I will take full responsibility and do my best to resolve the situation.”

A New York law firm is also preparing a class action lawsuit for shareholders who have suffered losses due to falling stock prices.

Even in Korea, lawsuit pressure against Coupang is intensifying.

The number of online cafe subscribers preparing for a class action lawsuit exceeded 600,000, and a law firm reported Coupang CEO Park Dae-jun and others to the police on charges of breach of trust.

This is TV Chosun Yoon Soo-young.

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)