INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Klarna Group PLC of Class Action Lawsuit and Upcoming Deadlines – KLAR

Core Viewpoint - A class action lawsuit has been filed against Klarna Group PLC, alleging securities fraud and unlawful business practices by the company and its officers [2]. Group 1: Lawsuit Details - Investors are encouraged to contact Pomerantz LLP for participation in the class action, with a deadline of February 20, 2026, to apply as Lead Plaintiff if they purchased Klarna securities during the Class Period [3]. - The lawsuit follows Klarna's initial public offering (IPO) on September 10, 2025, where 34,311,274 ordinary shares were priced at $40 each [4]. Group 2: Financial Performance and Concerns - Following the IPO, Klarna reported a net loss of $95 million, attributed to increased provisions for credit losses, which rose to $235 million, exceeding analyst estimates of $215.8 million [4]. - Provisions for credit losses represented 0.72% of gross merchandise volume, an increase from 0.44% the previous year [4]. - Klarna's stock price closed at $31.31 per share on December 22, 2025, which is below the IPO price [4]. Group 3: Market and Customer Profile - The company faces scrutiny over customer loan defaults, particularly due to its buy now, pay later (BNPL) business model, which targets younger individuals with lower financial security [4]. - Research from the Richmond Fed indicates that BNPL customers typically have riskier credit profiles, being younger, less-educated, with higher debt burdens and lower credit scores [4].