Core Viewpoint - Investors with substantial losses from Klarna Group plc have until February 20, 2026, to file lead plaintiff applications in a securities class action lawsuit related to the company's September 2025 IPO [1] Group 1: Lawsuit Details - The lawsuit alleges that Klarna and certain executives failed to disclose material information during the Class Period, violating federal securities laws [3] - Specific allegations include the claim that Klarna materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known due to the risk profile of individuals using their buy now, pay later loans [4] - The lawsuit asserts that the public statements made by the defendants were materially false and misleading, leading to investor damages when the true information became public [4] Group 2: Legal Representation - Kahn Swick & Foti, LLC, a prominent boutique securities litigation law firm, is representing the investors, with a notable track record in recovering investment losses due to corporate fraud [5] - The firm is led by former Louisiana Attorney General Charles C. Foti, Jr., and has been recognized among the top 10 firms nationally based on total settlement value [5]
Klarna Group plc Securities Class Action Result of Understated Risks and Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC