Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc for allegedly providing misleading information 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]. - It is alleged that the public statements made by Klarna were materially false and misleading, resulting in damages to investors when the true information became public [7]. Financial Impact - Klarna launched its IPO on September 10, 2025, selling 34,311,274 shares at a price of $40.00 per share [7]. - Following the announcement of disappointing Q3 2025 financial results on November 18, 2025, which included a significant 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 - Investors who purchased Klarna shares and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [4].
Bragar Eagel & Squire, P.C. Urgently Reminds Klarna Group plc Stockholders of the Upcoming February 20th Lead Plaintiff Deadline and Encourages Investors to Contact the Firm