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SHAREHOLDER DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Klarna (KLAR) Investors of Pending Class Action Lawsuit
TMX Newsfile· 2026-01-25 23:48
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Klarna Group plc due to allegations of violations of federal securities laws related to misleading statements and inadequate disclosures regarding loss reserves following its IPO [2][5]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses in Klarna to contact them to discuss their legal options, particularly in light of a federal securities class action with a deadline for lead plaintiff applications on February 20, 2026 [2][5]. - The complaint alleges that Klarna and its executives 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 [5]. Group 2: Financial Performance and Market Reaction - Klarna reported a net loss of $95 million in its first earnings report since going public, while setting aside $235 million for loan loss provisions, exceeding analyst estimates of $215.8 million [6]. - The provisions for loan losses represented 0.72% of gross merchandise volume, an increase from 0.44% a year ago, which contributed to a 9.3% decline in Klarna's stock price on November 18, 2025 [6].
CLASS ACTION ALERT: Faruqi & Faruqi, LLP Reminds Klarna (KLAR) Investors of Pending Class Action Lawsuit
TMX Newsfile· 2026-01-24 12:33
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Klarna Group plc due to allegations of violations of federal securities laws related to misleading statements and inadequate disclosures regarding loss reserves following its IPO [2][5]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses in Klarna to contact them to discuss their legal options [1]. - A federal securities class action has been filed against Klarna, with a deadline of February 20, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Klarna and its executives materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known [5]. Group 2: Financial Performance and Market Reaction - Klarna reported a net loss of $95 million in its first earnings report since going public, while setting aside $235 million for loan loss provisions, exceeding analyst estimates of $215.8 million [6]. - Provisions for loan losses represented 0.72% of gross merchandise volume, an increase from 0.44% a year ago [6]. - Following the earnings report, Klarna's stock fell by 9.3% on November 18, 2025 [6]. Group 3: Whistleblower and Information Gathering - The firm is also encouraging anyone with information regarding Klarna's conduct, including whistleblowers and former employees, to come forward [8].
ROSEN, A RANKED AND 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· 2026-01-23 22:58
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]. Group 1: Class Action Details - Investors who bought 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 submitting a form or contacting the firm directly [3][6]. - 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 their own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [4].
INVESTOR NOTICE: Klarna Group plc (KLAR) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-01-23 17:22
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]. 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 or misleading, particularly 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% a year prior [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 in connection with the IPO to seek lead plaintiff status in the class action [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 is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6].
KLAR CLASS ACTION NOTICE: Berger Montague Encourages Klarna Group PLC (KLAR) Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-23 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 claims that Klarna's IPO Registration Statement failed to disclose critical information, particularly the understatement of potential increases in loss reserves following the IPO [3]. - The complaint indicates that Klarna was aware or should have been aware of the risks associated with its customer profiles, which could lead to increased credit loss provisions [3]. - Reports emerged on November 18, 2025, indicating that Klarna was raising its provisions for credit losses due to defaults [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].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of February 20, 2026 in Klarna Group plc Lawsuit – KLAR
Globenewswire· 2026-01-23 00:00
NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Klarna Group plc ("Klarna Group plc" or the "Company") (NYSE: KLAR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Klarna Group plc investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons who purchased or otherwise acquired Klarna securities pursuant and/or traceable to the registration statement and related prospect ...
KLAR INVESTOR ALERT: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Klarna Group plc Investors
Globenewswire· 2026-01-22 23:00
Core Viewpoint - The law firm Kirby McInerney LLP is reminding investors of Klarna Group plc about the upcoming lead plaintiff deadline for a class action lawsuit related to the company's IPO and subsequent financial disclosures [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that Klarna's Registration Statement during its September 2025 IPO contained false or misleading statements and failed to disclose the risk of a significant increase in loss reserves shortly after the IPO [3]. - Klarna launched its IPO on September 2025, selling 34,311,274 shares at a price of $40.00 per share [4]. - Following the announcement of disappointing Q3 2025 financial results on November 18, 2025, which revealed a substantial increase in credit loss provisions, Klarna's share price fell by $3.25, or approximately 9.3%, from $34.88 to $31.63 [4]. Group 2: Legal Process and Contact Information - The lead plaintiff in a class action lawsuit oversees the litigation and can influence key decisions, including litigation strategy and settlement [2]. - Investors who purchased Klarna securities and wish to learn more about the investigation can contact Lauren Molinaro of Kirby McInerney LLP for further information [6].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Klarna Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KLAR
TMX Newsfile· 2026-01-22 22:53
New York, New York--(Newsfile Corp. - January 22, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Klarna Group plc (NYSE: KLAR) 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"), of the important February 20, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.SO WHA ...
KLAR ALERT: Hagens Berman Investigating Alleged Claims in Securities Class Action Against Klarna Group (KLAR) Over 102% Spike in Credit Loss Provision
Prnewswire· 2026-01-22 20:50
Partner Reed Kathrein Investigating Claims of Understated Loss Reserves and Lending to Financially Vulnerable Consumers; February 20 Deadline Next Steps: Contact Partner Reed Kathrein Today Hagens Berman is a top-tier plaintiff litigation firm recognized for prosecuting securities fraud class actions. Mr. Kathrein is actively advising investors who purchased KLAR shares pursuant to the September 2025 IPO and suffered substantial losses. SAN FRANCISCO, Jan. 22, 2026 /PRNewswire/ -- National shareholder right ...
KLARNA GROUP PLC (NYSE: KLAR) DEADLINE ALERT – Bernstein Liebhard LLP Reminds Klarna Group plc Investors of Upcoming Deadline
Globenewswire· 2026-01-22 15:45
NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Klarna Group plc (NYSE: KLAR)? Did you purchase your shares pursuant or traceable to, the Company’s September 2025 IPO? Did you lose money in your investment in Klarna Group plc? Do you want to discuss your rights? Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Klarna Group plc (“Klarna” or the “Company”) (NYSE: KLAR) investors of an upcoming deadline involving a securities ...