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Klarna Group plc Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before February 20, 2026 to Discuss Your Rights - KLAR
Prnewswire· 2026-02-04 19:50
Core Viewpoint - A class action securities lawsuit has been filed against Klarna Group plc, alleging securities fraud related to its initial public offering (IPO) on September 10, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Klarna securities in connection with the IPO [2]. - The complaint alleges that defendants materially understated the risk of increased loss reserves shortly after the IPO, which they either knew or should have known [3]. - It is claimed that the public statements made by the defendants were materially false and misleading at all relevant times [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Klarna Group plc have until February 20, 2026, to request to be appointed as lead plaintiff [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].