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Klarna Group plc Notice of February 20, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
Prnewswire· 2026-01-31 03:06
Core Viewpoint - A class action securities lawsuit has been filed against Klarna Group plc, alleging that the company and its executives failed to disclose material information in the registration statement related to its September 2025 IPO, which has adversely affected investors [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Klarna materially understated the risk of an increase in loss reserves shortly after the IPO, which was known or should have been known given the risk profile of individuals taking out buy now, pay later loans [2]. - The public statements made by Klarna were alleged to be materially false and misleading, leading to investor damages when the true information became public [2]. Group 2: Legal Process - Investors in Klarna who suffered losses during the relevant time frame have until February 20, 2026, to request to be appointed as lead plaintiff, although serving as lead plaintiff is not a requirement for recovery [3]. Group 3: Law Firm Background - Kahn Swick & Foti, LLC, the law firm handling the case, is recognized as one of the top boutique securities litigation firms in the U.S., having been ranked among the top 10 firms nationally based on total settlement value [3].
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Klarna Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KLAR
Globenewswire· 2026-01-30 21:51
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Klarna Group plc about the upcoming lead plaintiff deadline for a securities class action related to Klarna's September 2025 IPO [1]. Group 1: Class Action Details - Investors who purchased Klarna securities may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by February 20, 2026 [3]. - The lawsuit alleges that the Registration Statement contained false or misleading statements regarding Klarna's loss reserves, which were understated, leading to investor damages when the true information became public [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been consistently ranked among the top firms for securities class action settlements since 2013 [4].
ROSEN, A LEADING LAW FIRM, Encourages Klarna Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KLAR
TMX Newsfile· 2026-01-30 02:49
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Klarna Group plc about a class action lawsuit related to the company's September 2025 IPO, with a lead plaintiff deadline set for February 20, 2026 [1][5]. Group 1: Class Action Details - Investors who purchased Klarna securities may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lawsuit alleges that the Registration Statement contained false or misleading statements regarding Klarna's loss reserves and the associated risks [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company and has been ranked highly for its performance in this area [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4].
Levi & Korsinsky Notifies Shareholders of Klarna Group plc (KLAR) of a Class Action Lawsuit and an Upcoming Deadline
Globenewswire· 2026-01-29 22:00
Core Viewpoint - A class action securities lawsuit has been filed against Klarna Group plc, alleging securities fraud related to its initial public offering (IPO) on September 10, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Klarna securities in connection with the IPO [2]. - The complaint alleges that defendants materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known, given the risk profile of individuals taking Klarna's buy now, pay later loans [3]. - It is claimed that the public statements made by the defendants were materially false and misleading at all relevant times and were negligently prepared [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Klarna Group plc during the relevant time frame have until February 20, 2026, to request to be appointed as lead plaintiff [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [5]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [5].
Deadline Alert: Klarna Group plc (KLAR) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Globenewswire· 2026-01-29 17:31
Core Viewpoint - Klarna Group plc is facing a class action lawsuit due to alleged misleading statements and failure to disclose material adverse facts regarding its business and operations following its IPO in September 2025 [5][6]. Group 1: IPO Details - Klarna conducted its IPO on September 10, 2025, selling 34.3 million shares at a price of $40 per share [2]. - Since the IPO, Klarna's share price has significantly declined, further impacting investors [4]. Group 2: Financial Performance - On November 18, 2025, Klarna reported its third quarter 2025 financial results, indicating a 39% increase in its provision for credit losses, attributed to changes in market and product mix, particularly an increased share of the U.S. market in its Gross Merchandise Volume (GMV) [3]. - Following this announcement, Klarna's stock price dropped by $3.25, or 9.3%, closing at $31.63 per share on the same day [3]. Group 3: Lawsuit Allegations - The class action complaint alleges that Klarna's management made materially false and misleading statements and failed to disclose the risk of increased loss reserves shortly after the IPO [5]. - It is claimed that the positive statements made by the management regarding the company's business and prospects were misleading and lacked a reasonable basis [5].
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Klarna Group plc (NYSE: KLAR)
Globenewswire· 2026-01-29 16:22
Core Viewpoint - A shareholder has filed a securities class action lawsuit against Klarna Group plc, alleging misrepresentations in the registration statement related to its September 2025 IPO, particularly concerning the company's business risks and loss reserves [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the defendants materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known due to the risk profile of individuals using Klarna's buy now, pay later loans [3]. - Investors who purchased Klarna securities during the IPO are encouraged to join the class action lawsuit to discuss their legal rights and options [2]. Group 2: Legal Process - Individuals wishing to serve as lead plaintiff must file necessary documents by February 20, 2026, although participation as a lead plaintiff is not required to share in any potential recovery [4]. - All legal representation in this case is on a contingency fee basis, meaning shareholders will not incur any fees or expenses [4]. Group 3: Firm Background - Bernstein Liebhard LLP, the law firm handling the case, has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [5].
INVESTOR ALERT: Klarna Group plc (KLAR) Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Prnewswire· 2026-01-29 14:35
Core Viewpoint - Klarna Group plc is facing a class action lawsuit related to its September 10, 2025 IPO, alleging violations of the Securities Act of 1933 due to misleading offering documents and understated risk regarding loan loss reserves [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Nayak v. Klarna Group plc, allows purchasers of Klarna securities from the IPO to seek appointment as lead plaintiff by February 20, 2026 [1][2]. - Klarna's IPO involved the issuance of approximately 34 million shares at an offering price of $40.00 per share [2]. - The lawsuit claims that Klarna's offering documents were materially false and omitted critical information about the company's risk profile related to its buy now, pay later loans [3]. Group 2: Financial Performance and Stock Impact - Following the IPO, Klarna reported a net loss of $95 million on November 18, 2025, and increased provisions for loan losses to $235 million, exceeding analyst estimates of $215.8 million [4]. - Provisions for loan losses represented 0.72% of gross merchandise volume, up from 0.44% the previous year [4]. - By the time the class action lawsuit commenced, Klarna's stock price had fallen to as low as $31.31 per share, significantly below the IPO price of $40 [4]. Group 3: Legal Representation and Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Klarna securities during the IPO to seek lead plaintiff status in the class action lawsuit [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years [6].
Shareholders that lost money on Klarna Group plc(KLAR) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2026-01-29 14:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of Klarna Group plc regarding a class action lawsuit related to misleading statements made during the company's initial public offering (IPO) on September 10, 2025 [1][2]. Group 1: Allegations - The lawsuit alleges that Klarna's management materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known due to the risk profile of borrowers using Klarna's buy now, pay later services [2]. - It is claimed that the public statements made by Klarna were materially false and misleading throughout the relevant period, indicating negligence in their preparation [2]. Group 2: Class Action Details - Shareholders who purchased Klarna shares during the specified class period are encouraged to register for the class action, with a deadline set for February 20, 2026 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [4].
Klarna Group plc Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before February 20, 2026 to Discuss Your Rights – KLAR
Globenewswire· 2026-01-28 21:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of Klarna Group plc regarding a class action lawsuit related to misleading statements made during the company's initial public offering (IPO) on September 10, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of individuals who purchased Klarna securities during the specified class period [3]. - Allegations include that defendants materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known, leading to misleading public statements [4]. - The deadline for shareholders to register for the class action is February 20, 2026, and participation does not incur any cost or obligation [5]. Group 2: Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [6]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [6].
KLARNA GROUP PLC (KLAR) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-28 13:36
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc on behalf of investors who acquired Klarna securities during the specified class period, alleging that the company's IPO registration statement materially understated the risks associated with its loss reserves [1][3]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC, representing investors who purchased Klarna securities from September 7, 2025, to December 22, 2025, including shares from the September 2025 IPO [1][2]. - Investors have until February 20, 2026, to seek appointment as lead plaintiff representative of the class [2]. - The complaint claims that Klarna's IPO registration statement did not adequately disclose the risk of significant increases in loss reserves, particularly given the financial hardships faced by many of its customers [3]. Group 2: Financial Impact - At the time of the lawsuit, Klarna's share price had decreased from the IPO price of $40 per share to approximately $31.31 per share [3].