KLAR DEADLINE ALERT: Klarna Group plc Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit
Globenewswire·2026-01-12 23:00

Core Viewpoint - The article discusses a pending federal securities class action against Klarna Group plc, highlighting the deadline for investors to seek the role of lead plaintiff and the allegations regarding misleading statements in the company's IPO registration statement [1][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Klarna securities between September 7, 2025, and December 22, 2025, alleging that the IPO registration statement contained false or misleading statements [4]. - It is claimed that Klarna materially understated the risk of increased loss reserves shortly after its IPO, which was known or should have been known given the risk profile of its customers [4]. Group 2: IPO and Financial Performance - Klarna launched its IPO in September 2025, selling 34,311,274 shares at a price of $40.00 per share [5]. - Following the announcement of disappointing Q3 2025 financial results on November 18, 2025, which included a significant increase in credit loss provisions, Klarna's share price fell by $3.25, or approximately 9.3%, from $34.88 to $31.63 [5].