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Klarna Securities Suits Multiply as Firms Urge IPO Investors to Seek Lead Role Before Feb. 20

The cases focus on claims that Klarna downplayed the likelihood its loss reserves would quickly rise after the September 2025 IPO.

Overview

  • The Rosen Law Firm, which first filed the securities class action tied to Klarna’s IPO, is urging purchasers to move for lead-plaintiff status by February 20, 2026.
  • The Schall Law Firm announced it filed a class action alleging Klarna made false and materially misleading statements about loss-reserve risks.
  • DJS Law Group issued a notice seeking investors traceable to the IPO to consider lead-plaintiff appointments by the same court deadline.
  • Holzer & Holzer reminded investors of the February 20, 2026 deadline and outlined claims that the offering materials understated loss-reserve risk tied to BNPL customers.
  • No class has been certified, and the notices emphasize that investors are not represented by counsel unless they retain one prior to any certification.