Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased Klarna Group plc (NASDAQ: KLAR) securities in connection with its IPO, alleging that the company misled investors regarding its financial risks [1][2]. Allegations - The complaint asserts that Klarna's registration statement for the IPO was misleading, particularly by failing to disclose the significant risk of an increase in loss reserves shortly after the IPO, which was known or should have been known given the risk profile of borrowers using Klarna's buy now, pay later (BNPL) services [2]. - As a result of the omitted material adverse facts, Klarna's stock price is now trading significantly below its IPO price [3]. Next Steps - Investors may be eligible to participate in the class action against Klarna Group plc, with a deadline for lead plaintiff submissions set for February 20, 2026. Lead plaintiffs represent the interests of other class members in the litigation [4].
Investor Notice: Robbins LLP Informs Investors of the Klarna Group plc Securities Class Action