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].
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