Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Klarna (KLAR) To Contact Him Directly To Discuss Their Options
If you purchased or acquired Klarna’s common stock IPO traceable to September 10, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Forunato directly at (212) 355-4648.
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NEW YORK, Jan. 02, 2026 (GLOBE NEWSWIRE) --
What’s Happening:
- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Klarna Group plc (“Klarna” or the “Company”) (NYSE:KLAR) in the United States District Court for the Eastern District of New York on behalf of all persons and entities who purchased or otherwise acquired Klarna’s common stock IPO traceable to September 10, 2025.
- Investors have until February 20, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Allegation Details:
- According to the lawsuit, the Registration Statement contained false and/or misleading statements and/or failed to disclose that: (1) Defendants materially understated the risk that its loss reserves would materially go up within a few months of the IPO, which they either knew of or should have known of given the risk profile of many individuals agreeing to Klarnas buy now, pay later (BNPL) loans; and (2); as a result, defendants public statements were materially false and misleading at all relevant times and negligently prepared. When the true details entered the market, the lawsuit claims that investors suffered damages.
- Klarna launched its IPO in September 2025, selling 34,311,274 shares priced at $40.00 per share.
- On November 18, 2025, Klarna announced its Q3 2025 financial results. The disappointing results revealed a staggering increase in the provision for credit losses. On this news, the price of Klarna shares declined by $3.25 per share, or approximately 9.3%, from $34.88 per share on November 17, 2025 to close at $31.63 on November 18, 2025.
Next Steps:
- If you purchased or otherwise acquired Klarna shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
