Core Viewpoint - Hagens Berman is notifying investors of Klarna Group plc regarding a lead plaintiff deadline in a securities class action related to alleged misstatements in the company's September 2025 IPO documents [1] Group 1: Allegations and Investigations - The lawsuit claims that Klarna's IPO documents misled investors by highlighting its credit modeling performance while failing to disclose aggressive lending practices to financially unsophisticated consumers [1] - Following the IPO, Klarna reported a 102% year-over-year increase in its provision for credit losses, leading to a significant drop in its stock price, trading nearly 22% below the IPO price [1] - The complaint alleges that Klarna's growth was driven by high-frequency, high-interest loans for non-durable goods, which critics argue target financially vulnerable consumers and increase default risk [1] Group 2: Financial Impact - Klarna's stock price fell sharply after the announcement of the increased credit loss provisions, raising concerns about the transparency of its IPO documents [1] - The lawsuit highlights that the offering documents materially understated the credit risks associated with lending to financially unsophisticated clients [1] Group 3: Next Steps for Investors - Investors who purchased Klarna shares during the September 2025 IPO and experienced losses are encouraged to contact Hagens Berman before the February 20, 2026, deadline [1] - Hagens Berman is recognized for prosecuting securities fraud class actions and is actively advising affected investors [1]
KLAR 2-DAY DEADLINE ALERT: Hagens Berman Notifies Klarna Group plc (KLAR) Investors of Feb. 20 Deadline in IPO Securities Class Action