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DEADLINE REMINDER: Klarna Group Sued For Securities Fraud; Investors Should Contact Block & Leviton by February 20th
TMX Newsfile· 2026-02-04 18:37
Core Viewpoint - A securities fraud lawsuit has been filed against Klarna Group plc and certain executives, alleging misleading statements in their IPO registration [1][2]. Group 1: Lawsuit Details - Klarna Group conducted its IPO at $40 per share on September 10, 2025 [2]. - The complaint claims that the Registration Statement contained false and misleading statements, particularly regarding the risk of loss reserves increasing shortly after the IPO [2]. - It is alleged that the defendants either knew or should have known about the risk profile of individuals taking Klarna's buy now, pay later loans, leading to materially false public statements [2]. Group 2: Investor Eligibility - Any investor who purchased Klarna Group plc common stock and experienced a decline in share value may be eligible to participate in the lawsuit, regardless of whether they sold their investment [3]. Group 3: Next Steps for Investors - The deadline to seek appointment as lead plaintiff is March 6, 2026, and a class has not yet been certified [4]. - Investors can choose to remain absent class members if they take no action, but are encouraged to contact Block & Leviton for more information [4]. Group 4: Whistleblower Information - Individuals with non-public information about Klarna Group are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [5]. Group 5: About Block & Leviton - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [6].
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Klarna (KLAR) Investors of Pending Class Action Lawsuit Deadline on February 20, 2026
TMX Newsfile· 2026-02-04 18:21
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in Klarna to Contact Him Directly to Discuss Their OptionsIf you purchased or acquired securities in Klarna pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with Klarna's September 2025 initial public offering (the "IPO") and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wi ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Klarna Group PLC of Class Action Lawsuit and Upcoming Deadlines – KLAR
Globenewswire· 2026-02-03 18:17
NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Klarna Group PLC (“Klarna” or the “Company”) (NYSE: KLAR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Klarna and certain of its officer ...
Shareholder Rights Law Firm Robbins LLP Urges KLAR Investors to Contact the Firm for Information About Leading the Securities Class Action Against Klarna Group plc
Globenewswire· 2026-02-02 21:50
Core Viewpoint - A class action has been filed against Klarna Group plc for allegedly misleading investors during its IPO, particularly regarding the understated risks associated with its loss reserves [1][2]. Group 1: Allegations and Misleading Information - The registration statement for Klarna's IPO is claimed to be misleading, as it did not disclose the significant risk of increased loss reserves shortly after the IPO, which was known or should have been known by the company [2]. - The complaint states that due to the omission of these material adverse facts, Klarna's stock price is now trading significantly below its IPO price [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Klarna, with a deadline to submit papers to serve as lead plaintiff by February 20, 2026 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 3: Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless a recovery is achieved [5]. - The firm has a history of advocating for shareholder rights and aims to hold company executives accountable for their actions [5].
NYSE: KLAR DEADLINE REMINDER: Berger Montague Reminds Klarna Group PLC (NYSE: KLAR) Investors of Important Class Action Lawsuit Deadline
Prnewswire· 2026-02-02 14:06
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 omissions in the IPO Registration Statement regarding potential increases in loss reserves [1][3]. Group 1: Lawsuit Details - The lawsuit targets investors who purchased Klarna securities from September 7, 2025, to December 22, 2025, including shares from the September 2025 IPO [1]. - The complaint claims that Klarna's IPO Registration Statement failed to disclose critical information about the potential increase in loss reserves, which the defendants should have been aware of due to the risk profiles of their customers [3]. - Reports starting November 18, 2025, indicated that Klarna was raising its provisions for credit losses due to defaults, which is central to the allegations in the lawsuit [3]. Group 2: Financial Performance - As of the lawsuit filing, Klarna shares were trading at $31.31, significantly lower than the IPO price of $40 [4]. Group 3: Company Overview - Klarna is a financial technology company based in Stockholm, Sweden, that facilitates loans for small purchases, including food delivery services [2].
Lead Plaintiff Deadlines in Shareholder Class Action Lawsuits Against Gauzy Ltd. (GAUZ) and Klarna Group plc (KLAR) Announced by Holzer & Holzer, LLC
Globenewswire· 2026-02-02 13:00
Group 1 - The article discusses class action lawsuits against Gauzy Ltd. and Klarna Group plc, alleging misleading statements and failure to disclose material facts regarding financial conditions [1][2] - Gauzy Ltd. is accused of not disclosing the ability of its French subsidiaries to meet debts between March 11, 2025, and November 13, 2025 [1] - Klarna Group plc faces allegations related to the risk of increased loss reserves shortly after its IPO in September 2025 [2] Group 2 - The deadline to seek lead plaintiff status for the Gauzy case is February 6, 2026, while the deadline for the Klarna case is February 20, 2026 [2][3] - Holzer & Holzer, LLC is a law firm specializing in securities litigation, having recovered hundreds of millions for shareholders affected by corporate misconduct [3]
INVESTOR NOTICE: Klarna Group plc Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Prnewswire· 2026-02-02 10:15
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 loss reserves [1][3]. Summary by Sections Class Action Lawsuit Details - The lawsuit, titled Nayak v. Klarna Group plc, allows purchasers of Klarna securities from the IPO to seek lead plaintiff status 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]. Allegations Against Klarna - The lawsuit claims that Klarna's offering documents were materially false or misleading, particularly regarding the risk of increased loss reserves shortly after the IPO [3]. - A Bloomberg News article reported that Klarna posted a net loss of $95 million and increased provisions for loan losses to $235 million, exceeding analyst estimates [4]. Stock Performance - Following the IPO, Klarna's stock price fell to as low as $31.31 per share, significantly below the initial offering price of $40 per share [4]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows investors who acquired Klarna securities to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6].
INVESTOR DEADLINE: Klarna Group plc (KLAR) Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Globenewswire· 2026-02-01 19:15
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 risks associated with its 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 regarding the risk of increased loss reserves shortly after the IPO [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 dropped 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 in connection with the IPO to seek lead plaintiff status [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6].
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].