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KLAR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Klarna Group plc Investors
Businesswire· 2025-12-23 23:00
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc, alleging that the company misrepresented risks associated with its loss reserves during its IPO period from September 7, 2025, to December 22, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Klarna's Registration Statement for its September 2025 IPO contained false or misleading statements and failed to disclose the risk of a significant increase in loss reserves shortly after the IPO [2]. - Klarna launched its IPO on September 2025, selling 34,311,274 shares at a price of $40.00 per share [3]. - 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 [3]. Group 2: Lead Plaintiff Process - Investors who acquired Klarna securities during the class period can seek appointment as lead plaintiff in the class action lawsuit, with courts typically favoring those with the largest financial loss [4]. - Lead plaintiffs have the authority to influence case strategy, settlement decisions, and allocation of settlement funds among class members [4]. Group 3: Contact Information - Investors who purchased Klarna securities or have relevant information are encouraged to contact Kirby McInerney LLP for further discussion regarding their rights or interests [5].
Law Offices of Howard G. Smith Encourages Klarna Group plc (KLAR) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-12-23 22:45
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc on behalf of investors who purchased its securities during the September 2025 IPO, alleging misleading statements and failure to disclose material adverse facts about the company's financial health and risk profile [1][4]. Group 1: IPO Details - Klarna conducted its IPO on September 10, 2025, selling 34.3 million shares at a price of $40 per share [3]. - Following the IPO, Klarna's stock price experienced a significant decline after the release of its third quarter 2025 financial results, which revealed a 39% increase in provision for credit losses [3]. Group 2: Financial Performance - The increase in credit loss provisions was attributed to changes in market and product mix, particularly an increased share of the U.S. market in its Gross Merchandise Volume (GMV) [3]. - On November 18, 2025, the stock price fell by $3.25, or 9.3%, closing at $31.63 per share, indicating investor injury due to the disclosed financial issues [3]. Group 3: Lawsuit Allegations - The lawsuit alleges that Klarna's management made materially false and misleading statements regarding the company's business and operations [4]. - Specifically, it is claimed that the risk of increased loss reserves was materially understated, which management either knew or should have known, given the risk profile of consumers using Klarna's buy now, pay later (BNPL) loans [4]. - The positive statements made by the defendants about the company's prospects were deemed materially misleading and lacked a reasonable basis [4].
Bronstein, Gewirtz & Grossman LLC Urges Klarna Group plc Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-23 22:19
NEW YORK, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Klarna Group plc (NYSE: KLAR) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Klarna securities pursuant to the registration statement and prospectus issu ...
KLAR INVESTOR ALERT: Klarna Group plc Investors with Substantial Losses Have Opportunity to Lead the Klarna Class Action Lawsuit
Prnewswire· 2025-12-23 20:57
Core Viewpoint - Klarna Group plc is facing a class action lawsuit related to its September 10, 2025 IPO, alleging violations of the Securities Act of 1933 due to misleading offering documents and understated risks associated with its loss reserves [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Nayak v. Klarna Group plc and was filed in the Eastern District of New York [1]. - Investors who purchased Klarna securities during the IPO have until February 20, 2026, to seek appointment as lead plaintiff [1]. - The lawsuit claims that Klarna's IPO documents were materially false and omitted critical information regarding the company's financial risks [3]. Group 2: Financial Performance and Allegations - Klarna's IPO involved the issuance of approximately 34 million shares at an offering price of $40.00 per share [2]. - Following the IPO, Klarna reported a net loss of $95 million and increased provisions for loan losses to $235 million, exceeding analyst estimates of $215.8 million [4]. - Provisions for loan losses represented 0.72% of gross merchandise volume, an increase from 0.44% the previous year [4]. - By the time the class action lawsuit commenced, Klarna's stock price had fallen to as low as $31.31 per share, significantly below the IPO price [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows investors to seek lead plaintiff status if they have the greatest financial interest in the case [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6].
Klarna Group plc Securities Fraud Class Action Result of Understated Risks and Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Businesswire· 2025-12-23 20:03
KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until February 20, 2026 to file lead plaintiff applications in a securities class action lawsuit against Klarna Group plc (NYSE: KLAR), if they purchased the Company's securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registr. NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF†) and ...
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Klarna Group plc
Businesswire· 2025-12-23 19:53
NEW YORK--(BUSINESS WIRE)---- $KLAR #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Klarna Group plc ("Klarna†or the "Company†) (NYSE: KLAR) and reminds investors of the February 20, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm ...
X @Messari
Messari· 2025-12-23 18:13
The Week in Stablecoins according to @ahbeaudry and @oztxn👇• Stablecoin transaction volume jumps 27% WoW• Visa enables USDC settlement for U.S. banks on Solana• Intuit partners with Circle to integrate USDC across platforms• Klarna pilots USDC-based institutional funding via CoinbaseAlexander (@ahbeaudry):https://t.co/WRKT99VbX7 ...
Klarna Sees Triple-Digit Spending Growth Across Entertainment, Experiences, and Automotive This Holiday Season
Businesswire· 2025-12-23 14:31
Core Insights - Klarna reports significant increases in U.S. holiday spending, with triple-digit year-over-year growth in categories such as entertainment (+130%), experiences (+115%), and automotive products (100%) from December 1 to December 22, indicating a shift towards experiential and high-value purchases this season [1][2] Consumer Trends - In traditional retail, footwear emerged as the most-clicked category, with popular items including Nike Air Force 1 '07, UGG Lowmel, Adidas Samba OG, and classic Jordan styles [3] - Headphones ranked as the second most-clicked category, with strong interest in Apple AirPods 4, AirPods Pro (2nd Gen), and premium models from Sony and Bose [4] - Gaming interest focused on console upgrades, particularly Microsoft's Xbox Series X and Series S, along with newer systems like the Nex Playground Game System [4] - Handbags saw steady engagement, with consumers favoring practical styles from brands like Michael Kors, Coach, Lululemon, and Marc Jacobs [5] - Fragrances dominated clicks, with bestsellers including Carolina Herrera Good Girl, Dior Sauvage, and Viktor & Rolf Flowerbomb [5] Company Overview - Klarna is a global digital bank and flexible payments provider, boasting over 114 million active users and processing 3.4 million transactions daily [6] - The company partners with over 850,000 retailers, including major brands like Uber, H&M, Saks, Sephora, Macy's, Ikea, Expedia Group, Nike, and Airbnb, to enhance consumer payment experiences [6]
Klarna Group plc (KLAR) Partners With Coinbase
Yahoo Finance· 2025-12-23 05:53
Core Insights - Klarna Group plc (NYSE:KLAR) is recognized as one of the best young tech stocks to buy, recently announcing a partnership with Coinbase to integrate stablecoins into its funding strategy [1] Funding Strategy - The company sources its funding from consumer deposits, long-term loans, and short-dated commercial paper, and has now added stablecoins, particularly USDC, as a new funding source [2] - Klarna plans to raise short-term cash directly from large institutional investors in USDC, utilizing Coinbase's blockchain-based tools [2] Product Innovation - On December 15, Klarna introduced the Agentic Product Protocol, an open standard aimed at enhancing AI agents in e-commerce [3] - This protocol creates a universal language for product data, aggregating information from over 100 million products and 400 million prices across 12 global markets, enabling AI agents to provide real-time product data [3] Market Outlook - Wall Street has a positive outlook on Klarna, with Jason Kupferberg from Wells Fargo reiterating a Buy rating and raising the price target from $29 to $53 [4] - James Faucette from Morgan Stanley maintained a Hold rating with a price target of $39 [4] Company Overview - Klarna Group plc positions itself as a global digital bank and flexible payments provider, focusing on helping consumers manage everyday spending and shopping through its app and merchant network [5]
ROSEN, THE FIRST FILING FIRM, Encourages Klarna Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KLAR
Globenewswire· 2025-12-23 03:50
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Klarna Group plc securities related to its September 2025 IPO, alleging misleading statements in the Registration Statement [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the Registration Statement contained false and/or misleading statements and failed to disclose the risk of increased loss reserves shortly after the IPO, which was known or should have been known by the defendants [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Investors wishing to join the class action can do so by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must move the Court by February 20, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions for investors [4].