Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc and certain officers for alleged violations of federal securities laws related to its September 10, 2025 IPO [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Klarna securities under the registration statement and prospectus from the IPO [2]. - The Complaint alleges that the Registration Statement contained false and misleading statements, particularly regarding the risk of loss reserves increasing shortly after the IPO [3]. - It is claimed that the defendants either knew or should have known about the risk profile of individuals taking Klarna's buy now, pay later loans, which was not adequately disclosed [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Klarna have until February 20, 2026, to request to be appointed as lead plaintiff in the class action [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [6].
Bronstein, Gewirtz & Grossman LLC Urges Klarna Group plc Investors to Act: Class Action Filed Alleging Investor Harm