Rosen Law Firm Encourages Klarna Investors to Secure Counsel Before Deadline

Firm filing securities class action against Klarna Group plc over IPO disclosures

Published on Feb. 8, 2026

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The Rosen Law Firm, a global investor rights law firm, is reminding purchasers of Klarna Group plc (NYSE: KLAR) securities pursuant to the company's September 2025 initial public offering (IPO) of the important February 20, 2026 lead plaintiff deadline in the securities class action first filed by the firm. The lawsuit alleges that Klarna's registration statement contained false and/or misleading statements and/or failed to disclose material information about the company's risk profile and potential loss reserves.

Why it matters

This case highlights the importance of full and accurate disclosures in the IPO process, as investors rely on this information to make informed decisions. The Rosen Law Firm is taking action to recover damages on behalf of Klarna investors who may have been misled by the company's statements.

The 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 Klarna's 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 ('BNPL') loans; and (2) as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.

  • Klarna Group plc conducted its initial public offering in September 2025.
  • The Rosen Law Firm filed the securities class action lawsuit against Klarna.
  • The lead plaintiff deadline in the class action is February 20, 2026.

The players

Klarna Group plc

A financial technology company that provides online financial services such as buy now, pay later (BNPL) loans.

The Rosen Law Firm, P.A.

A global investor rights law firm that is representing investors in the securities class action lawsuit against Klarna.

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What they’re saying

“Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.”

— The Rosen Law Firm (globenewswire.com)

What’s next

The judge will decide on February 20, 2026 whether to allow the case to proceed as a class action lawsuit.

The takeaway

This case underscores the importance of transparency and accurate disclosures by companies going public, as investors rely on this information to make informed decisions. The Rosen Law Firm is taking action to protect the rights of Klarna investors who may have been misled.