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Coupang Execs Hit With Investor Suit Over IPO Filings

By Katryna Perera ( August 16, 2023, 9:03 PM EDT) -- The officers and directors of South Korean e-commerce company Coupang Inc. were hit with a derivative suit in New York federal court on Wednesday from an investor who alleges the executives made misleading statements in connection with the company's 2021 initial public offering, which eventually caused several stock drops and damages to shareholders....

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