Klarna Faces New Securities Class Actions Over IPO Disclosures as Law Firms Seek Lead Plaintiffs

Overview

• The Schall Law Firm announced a filed class action, DJS Law Group issued a reminder notice, and Hagens Berman notified investors of the pending case and lead-plaintiff process.
• The proposed class covers investors who bought shares pursuant or traceable to Klarna’s Sept. 10, 2025 initial public offering.
• Complaints allege the IPO registration statement and prospectus downplayed the likelihood of higher credit-loss reserves given Klarna’s customer mix and credit-risk modeling.
• Plaintiffs cite Klarna’s Nov. 18, 2025 report showing a roughly 102% year-over-year jump in credit-loss provisions and a net loss, after which shares traded well below the $40 IPO price.
• The litigation remains at an early stage with no certified class, and firms emphasize that appointment as lead plaintiff is optional for participation.