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KLARNA GROUP PLC (NYSE: KLAR) INVESTOR ALERT: Investors With Large Losses in Klarna Group plc Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Globenewswire· 2026-01-13 19:24
Core Viewpoint - A shareholder has filed a securities class action lawsuit against Klarna Group plc, alleging misrepresentations in the Registration Statement related to the company's IPO in September 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the defendants materially understated the risk associated with the company's loss reserves, which were expected to increase significantly shortly after the IPO [3]. - The misrepresentations pertain to Klarna's business operations and future prospects, particularly regarding the risk profile of individuals using Klarna's buy now, pay later loans [3]. Group 2: Legal Process - Investors wishing to serve as lead plaintiffs must file necessary documents by February 20, 2026, with the role involving representation of other class members in the litigation [4]. - Participation as a lead plaintiff is not required to share in any potential recovery, and all representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. Group 3: Law 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]. - The firm has been recognized multiple times in legal industry rankings, indicating its reputation and experience in handling such cases [5].
Klarna Group PLC (KLAR) Securities Fraud: Contact Berger Montague To Discuss Your Rights
TMX Newsfile· 2026-01-13 18:06
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 that the IPO documents did not disclose significant financial risks [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Klarna's IPO documents failed to disclose material financial risks, particularly the underestimated likelihood of rising loss reserves shortly after the IPO [3]. - Investors who purchased Klarna securities during the Class Period have until February 20, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Financial Impact - Following a report on November 18, 2025, that Klarna had set aside greater provisions for credit losses than the market anticipated, the company's share price declined by 21% from the IPO price of $40 to $31.31 [4].
Klarna Group plc (KLAR) Shareholders Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2026-01-13 17:00
BENSALEM, Pa., Jan. 13, 2026 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Klarna Group plc ("Klarna" or the "Company") (NYSE: KLAR). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN KLARNA GROUP PLC (KLAR), CONTACT THE LAW OFFICES OF HOWARD G. SMITHBEFORE FEBRUARY 20, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of H ...
KLAR DEADLINE ALERT: Klarna Group plc Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit
Globenewswire· 2026-01-12 23:00
NEW YORK, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds Klarna Group plc (“Klarna” or the “Company”) (NYSE: KLAR) investors of the February 20, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action. If you purchased or otherwise acquired Klarna securities, have information, or would like to learn more, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your rights or intere ...
CLASS ACTION NOTICE: Berger Montague Advises Klarna Group PLC (KLAR) Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-12 17:21
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 about the potential increase in loss reserves following the IPO, which the defendants should have been aware of due to the risk profiles of their customers [3]. - The class period for the lawsuit is defined as September 7, 2025, through December 22, 2025, including shares issued during Klarna's September 2025 IPO [1][2]. - As of the lawsuit filing, Klarna shares were trading at $31.31, significantly lower than the IPO price of $40 [4]. Group 2: Investor Information - Investors who purchased Klarna securities during the class period have until February 20, 2026, to seek appointment as lead plaintiff representatives [2]. - The lawsuit is being handled by Berger Montague, a law firm specializing in complex civil litigation and class actions [5].
KLAR INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Klarna Group plc Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-01-10 17:10
Core Viewpoint - Klarna Group plc is facing a class action lawsuit related to its September 10, 2025 IPO, with allegations of misleading offering documents and understated risks regarding loan loss reserves [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Nayak v. Klarna Group plc, is pending in the Eastern District of New York and allows purchasers of Klarna securities from the IPO to seek lead plaintiff status until 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% 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 Process and Representation - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Klarna securities to seek lead plaintiff status, with the lead plaintiff 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 an investor's ability to share in any potential recovery [5]. Group 4: Law Firm Background - 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].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Klarna Group plc(KLAR) Shareholders
Globenewswire· 2026-01-09 20:58
NEW YORK, Jan. 09, 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 DEADLINE: Klarna Group plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2026-01-09 19:10
Core Viewpoint - Klarna Group plc is facing a class action lawsuit related to its September 10, 2025 IPO, with allegations of misleading offering documents and understated risks 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 lead plaintiff status by February 20, 2026 [1][5]. - 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% 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 Firm Background - Robbins Geller Rudman & Dowd LLP is representing investors in the Klarna class action lawsuit and is recognized as a leading law firm in securities fraud litigation [6]. - The firm has secured over $2.5 billion for investors in securities-related class action cases in 2024, ranking first in monetary relief for investors [6].
KLARNA ALERT: Bragar Eagel & Squire, P.C. Reminds Stockholders that a Class Action Lawsuit Has Been Filed Against Klarna Group plc and Encourages Investors to Contact the Firm
Globenewswire· 2026-01-09 17:35
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc for allegedly misleading investors regarding the company's financial health and risk disclosures related to its IPO on September 10, 2025 [8]. Allegation Details - The lawsuit claims that Klarna's Registration Statement contained false and misleading statements, particularly regarding the underestimation of loss reserves that were expected to increase shortly after the IPO [8]. - It is alleged that the defendants either knew or should have known about the risks associated with the company's buy now, pay later (BNPL) loans, which were not adequately disclosed [8]. Financial Impact - Klarna's IPO involved the sale of 34,311,274 shares at a price of $40.00 each [8]. - Following the announcement of disappointing Q3 2025 financial results on November 18, 2025, which included a significant rise in credit loss provisions, Klarna's share price fell by $3.25, or approximately 9.3%, from $34.88 to $31.63 [8].
ATTENTION NYSE: KLAR INVESTORS: Contact Berger Montague About a Klarna Group PLC Class Action Lawsuit
Globenewswire· 2026-01-09 15:09
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 IPO Registration Statement materially understated the risk associated with the company's 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 representatives of the class [2]. Group 2: Allegations Against Klarna - The complaint claims that Klarna's IPO Registration Statement significantly underestimated the risk of increased loss reserves shortly after the IPO, a risk that was known or should have been known due to the financial hardships faced by many of its customers [3]. - At the time of the lawsuit, Klarna's share price had declined from the IPO price of $40 per share to approximately $31.31 per share [3].