Core Viewpoint - A class action securities lawsuit has been filed against Klarna Group plc, alleging that the company and its executives failed to disclose material information in the registration statement related to its September 2025 IPO, which has adversely affected investors [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Klarna materially understated the risk of an increase in loss reserves shortly after the IPO, which was known or should have been known given the risk profile of individuals taking out buy now, pay later loans [2]. - The public statements made by Klarna were alleged to be materially false and misleading, leading to investor damages when the true information became public [2]. Group 2: Legal Process - Investors in Klarna who suffered losses during the relevant time frame have until February 20, 2026, to request to be appointed as lead plaintiff, although serving as lead plaintiff is not a requirement for recovery [3]. Group 3: Law Firm Background - Kahn Swick & Foti, LLC, the law firm handling the case, is recognized as one of the top boutique securities litigation firms in the U.S., having been ranked among the top 10 firms nationally based on total settlement value [3].
Klarna Group plc Notice of February 20, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline