Klarna(US:KLAR) Globenewswire·2026-02-19 21:46Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc for allegedly misleading investors regarding the company's financial health and risk disclosures related to its IPO [8]. Allegation Details - The lawsuit claims that Klarna's Registration Statement contained false and misleading statements, particularly regarding the risk of increased loss reserves shortly after the IPO [8]. - It is alleged that the defendants either knew or should have known about the risk profile of individuals taking Klarna's buy now, pay later loans, which was not adequately disclosed [8]. Financial Impact - Klarna launched its IPO on September 10, 2025, selling 34,311,274 shares at $40.00 each [8]. - 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 [8]. Next Steps for Investors - 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].