Core Viewpoint - Klarna Group plc is facing a securities fraud class action lawsuit related to its September 2025 IPO, with allegations of misrepresentations regarding the company's business and risk profile [4][5]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Eastern District of New York on behalf of investors who purchased Klarna securities in connection with the IPO [4]. - The allegations include that the defendants materially understated the risk of increased loss reserves shortly after the IPO, which they were aware of or should have been aware of [5]. Group 2: Investor Actions - Investors who wish to serve as lead plaintiffs must file necessary documents by February 20, 2026, but participation as a lead plaintiff is not required to share in any potential recovery [3]. - Shareholders are not responsible for any fees or expenses as all representation is on a contingency fee basis [3]. Group 3: Legal Firm Background - Bernstein Liebhard LLP has a history of recovering over $3.5 billion for clients and has been recognized for its success in litigating class actions [6].
KLARNA GROUP PLC (NYSE: KLAR) SHAREHOLDER ALERT: Bernstein Liebhard LLP Reminds Klarna Group plc Investors of Upcoming Deadlin