INVESTOR REMINDER: Berger Montague Notifies Klarna Group PLC (KLAR) Investors of a Class Action Lawsuit and Deadline
KlarnaKlarna(US:KLAR) TMX Newsfile·2026-01-20 14:46

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 omissions in the IPO Registration Statement regarding potential increases in loss reserves [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Klarna's IPO Registration Statement failed to disclose critical information about the potential increase in loss reserves following the IPO [3]. - The complaint indicates that Klarna was aware or should have been aware of the risks associated with its customer profiles, which could lead to increased credit loss provisions [3]. - Reports emerged on November 18, 2025, indicating that Klarna was raising its provisions for credit losses due to defaults [3]. Group 2: Financial Performance - As of the lawsuit filing, Klarna shares were trading at $31.31, significantly lower than the IPO price of $40 [4]. Group 3: Investor Information - Investors who purchased Klarna securities during the class period have until February 20, 2026, to seek appointment as lead plaintiff representatives [2].

INVESTOR REMINDER: Berger Montague Notifies Klarna Group PLC (KLAR) Investors of a Class Action Lawsuit and Deadline - Reportify