The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Klarna Group plc (“Klarna” or the “Company”) (NYSE: KLAR) securities during the period of September 7, 2025 through December 22, 2025, inclusive (“the Class Period”).

If you suffered a loss on your Klarna investments, you have until February 20, 2026 to request lead plaintiff appointment. For more information:

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is This Lawsuit About? The lawsuit alleges that the Registration Statement, in connection with Klarna’s September 2025 initial public offering (“IPO”) contained false and/or misleading statements and/or failed to disclose that Klarna 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 Klarna’s buy now, pay later loans.

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.

[LEARN MORE ABOUT THE LAWSUIT]

The Lead Plaintiff Appointment Process. The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a class action lawsuit. Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected. However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members.

[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS]

What Should I Do? If you purchased or otherwise acquired Klarna securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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