NYSE: KLAR DEADLINE REMINDER: Berger Montague Reminds Klarna Group PLC (NYSE: KLAR) Investors of Important Class Action Lawsuit Deadline
KlarnaKlarna(US:KLAR) Prnewswire·2026-02-02 14:06

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 targets investors who purchased Klarna securities from September 7, 2025, to December 22, 2025, including shares from the September 2025 IPO [1]. - The complaint claims that Klarna's IPO Registration Statement failed to disclose critical information about the potential increase in loss reserves, which the defendants should have been aware of due to the risk profiles of their customers [3]. - Reports starting November 18, 2025, indicated that Klarna was raising its provisions for credit losses due to defaults, which is central to the allegations in the lawsuit [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: Company Overview - Klarna is a financial technology company based in Stockholm, Sweden, that facilitates loans for small purchases, including food delivery services [2].