Klarna Faces a Class Action Lawsuit #

Robbins Geller Rudman & Dowd LLP, a law firm, announces that purchasers or acquirers of Klarna Group plc (NYSE: KLAR) securities have until February 20, 2026, to join as plaintiffs in the  Klarna class action lawsuit, which charges Klarna as well as certain of Klarna’s top executives and directors, authorized representatives.

The law firm claims that that the IPO’s offering documents were materially false and/or misleading and/or omitted to state that Klarna materially understated the risk that its loss reserves would materially go up within a few months of the IPO, which defendants either knew of or should have known of given the risk profile of many individuals agreeing to Klarna’s buy now, pay later loans.