Philadelphia, Pennsylvania--(Newsfile Corp. - January 6, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Klarna Group plc (NYSE: KLAR) ("Klarna" or the "Company") on behalf of investors who purchased or otherwise acquired Klarna securities during the period of September 7, 2025 through December 22, 2025 (the "Class Period"), including shares issued pursuant and/or traceable to Klarna's September 2025 initial public offering ("IPO").
Investor Deadline: Investors who purchased Klarna securities during the Class Period may, no later than February 20, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
Klarna, a United Kingdom company headquartered in Sweden, offers Buy Now, Pay Later ("BNPL") solutions, connecting consumers and merchants and extending loans for small retail transactions.
According to the lawsuit, Klarna's IPO documents failed to disclose material financial risks to the Company. Defendants are alleged to have significantly underestimated the likelihood that its loss reserves would rise sharply shortly after its IPO, a risk linked to the high-risk profiles of its customers, many of whom were experiencing financial hardships and/or were unsophisticated and were thus at risk of defaulting on their loan obligations.
On November 18, 2025, Bloomberg reported that Klarna had set aside greater provisions for credit losses than anticipated by the market. The price of Company shares declined in response. By the time the complaint in this action was filed, shares closed at $31.31 per share, a loss in value of 21% from the IPO price of $40 per share.
If you are a Klarna investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.
About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:
Andrew Abramowitz
Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com
Caitlin Adorni
Director of Portfolio & Institutional Client Monitoring Services
Berger Montague
(267) 764-4865
cadorni@bergermontague.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279604
Source: Berger Montague
