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].
ATTENTION NYSE: KLAR INVESTORS: Contact Berger Montague About a Klarna Group PLC Class Action Lawsuit