Core Viewpoint - The Gross Law Firm is notifying shareholders of Klarna Group plc regarding a class action lawsuit related to misleading statements made during the company's initial public offering (IPO) on September 10, 2025 [1][3]. Group 1: Allegations - The lawsuit alleges that Klarna's defendants issued materially false and misleading statements and failed to disclose significant risks associated with loss reserves that were expected to increase shortly after the IPO [4]. - Specifically, it is claimed that the defendants understated the risk profile of individuals taking Klarna's buy now, pay later loans, which they either knew or should have known [4]. Group 2: Class Action Details - The class period for the lawsuit includes individuals who purchased Klarna securities during the IPO registration statement and related prospectus [3]. - Shareholders are encouraged to register for the class action by February 20, 2026, to potentially be appointed as lead plaintiffs, although this is not a requirement for recovery [5]. Group 3: Firm's Commitment - The Gross Law Firm emphasizes its mission to protect investors' rights and ensure companies adhere to responsible business practices [6]. - The firm aims to recover losses for investors who suffered due to false or misleading statements that led to artificial inflation of Klarna's stock [6].
Shareholders that lost money on Klarna Group plc (KLAR) should contact The Gross Law Firm about pending Class Action - KLAR