Particle.news
Download on the App Store

Klarna IPO Lawsuits Set Feb. 20 Deadline for Investors to Seek Lead-Plaintiff Role

The suits target alleged IPO misstatements about credit-loss exposure, citing Klarna's November provision spike.

Overview

  • Hagens Berman and Kirby McInerney issued investor alerts reminding Klarna IPO buyers of a Feb. 20, 2026 deadline to move for lead-plaintiff status.
  • The pending E.D.N.Y. cases claim the September 2025 registration statement understated credit-risk exposure and the likelihood that loss reserves would rise shortly after listing.
  • Klarna’s Nov. 18, 2025 Q3 report showed a roughly 102% year-over-year jump in provisions for credit losses, followed by a single-day share drop of about 9.3%.
  • Notices state the putative class covers purchasers from Sept. 7, 2025 through Dec. 22, 2025.
  • Law firms are soliciting clients and, in Hagens Berman’s notice, inviting whistleblowers with non-public information to come forward.