Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc for allegedly providing false and misleading statements in its IPO registration statement, which led to investor losses [7]. Allegation Details - The lawsuit claims that Klarna materially understated the risk of increased loss reserves shortly after its IPO, which was known or should have been known given the risk profile of its customers [7]. - The misleading statements resulted in significant damages to investors when the true financial situation was revealed [7]. Financial Impact - Klarna launched its IPO on September 10, 2025, selling 34,311,274 shares at $40.00 each [7]. - Following the announcement of disappointing Q3 2025 financial results on November 18, 2025, which included a substantial increase in credit loss provisions, Klarna's share price fell by $3.25, or approximately 9.3%, from $34.88 to $31.63 [7]. Next Steps for Investors - Investors who purchased Klarna shares and suffered losses are encouraged to contact Bragar Eagel & Squire, P.C. to discuss their legal rights and options [4]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is February 20, 2026 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation, including securities and commercial cases [5].
Bragar Eagel & Squire, P.C. Urges Klarna Group Stockholders with Large Losses to Contact the Firm Before the February 20th Lead Plaintiff Deadline