Klarna IPO Lawsuits Mount Ahead of Feb. 20 Lead-Plaintiff Deadline

The filings stem from Klarna’s November disclosure of sharply higher credit-loss provisions soon after its $40-per-share debut.

Overview

Robbins Geller says a federal case, Nayak v. Klarna Group plc (E.D.N.Y.), accuses the company, certain executives, directors, and IPO underwriters of Securities Act violations.
Complaints claim the registration statement and prospectus misrepresented credit modeling and understated the likelihood that loss reserves would spike within months of the IPO.
Law firm notices cite Klarna’s Nov. 18, 2025 results, including a reported net loss of about $95 million and provisions for loan losses of roughly $235 million, or 0.72% of GMV.
Shares traded well below the $40 offering price after the disclosure, with one notice reporting the stock nearly 22% under the IPO level.
Hagens Berman, Kirby McInerney, The Schall Law Firm, Howard G. Smith, Bernstein Liebhard, and Rosen Law Firm are soliciting IPO investors to seek lead-plaintiff status by Feb. 20, 2026.