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KLC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that KinderCare Learning Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Shareholder Class Action Lawsuit
Prnewswire· 2025-09-29 11:23
Core Viewpoint - KinderCare Learning Companies, Inc. is facing a class action lawsuit related to its October 2024 IPO, alleging violations of the Securities Act of 1933 due to misleading information regarding the quality of care provided at its facilities and undisclosed risks [1][4]. Group 1: IPO Details - KinderCare sold over 27 million shares at $24 per share during its IPO, raising a total of $648 million in gross proceeds [3]. - Since the IPO, KinderCare's stock price has significantly declined to lows near $9 per share [5]. Group 2: Allegations in the Lawsuit - The lawsuit claims that the registration statement for the IPO was false and/or misleading, failing to disclose numerous incidents of child abuse, neglect, and harm at KinderCare facilities [4]. - It is alleged that KinderCare did not provide the "highest quality care possible" and failed to meet basic care standards, exposing the company to material risks including lawsuits and reputational damage [4]. Group 3: Legal Representation and Process - Robbins Geller Rudman & Dowd LLP is representing the plaintiffs, highlighting their extensive experience in prosecuting investor class actions [5][7]. - Investors who purchased KinderCare common stock in or traceable to the IPO can seek appointment as lead plaintiff in the class action lawsuit [6].
KLC INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that KinderCare Learning Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Globenewswire· 2025-09-28 16:50
Core Viewpoint - The article discusses a class action lawsuit against KinderCare Learning Companies, Inc. related to its October 2024 IPO, alleging violations of the Securities Act of 1933 due to misleading statements and undisclosed risks regarding child care quality and incidents of abuse [1][3]. Company Overview - KinderCare Learning Companies, Inc. provides early education and child care services in the United States [2]. - The company raised $648 million by selling over 27 million shares at $24 per share during its IPO [2]. Allegations of the Lawsuit - The lawsuit claims that the IPO registration statement was false and misleading, failing to disclose: - Numerous incidents of child abuse, neglect, and harm at KinderCare facilities [3]. - Inadequate care provided at its facilities, not meeting minimum standards in the child care industry [3]. - Exposure to material risks including lawsuits, regulatory actions, negative publicity, and reputational damage [3]. Stock Performance - Following the IPO, KinderCare's stock price fell to lows near $9 per share [4]. Legal Representation - The plaintiffs are represented by Robbins Geller Rudman & Dowd LLP, a law firm with extensive experience in prosecuting investor class actions [4].
KLC DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages KinderCare Learning Companies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – KLC
Globenewswire· 2025-09-27 14:20
Group 1 - The Rosen Law Firm is reminding purchasers of KinderCare Learning Companies, Inc. common stock about the October 14, 2025 lead plaintiff deadline related to the October 2024 IPO [1] - Investors who purchased KinderCare common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has been filed against KinderCare, alleging that the registration statement was false and/or misleading, failing to disclose incidents of child abuse and neglect at its facilities [5] Group 2 - The lawsuit claims that KinderCare did not provide the highest quality care and failed to meet minimum standards in the child care industry, exposing the company to undisclosed risks [5] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]
KLC Deadline: KLC Investors Have Opportunity to Lead KinderCare Learning Companies, Inc. Securities Lawsuit
Prnewswire· 2025-09-26 18:00
Core Viewpoint - Rosen Law Firm is reminding purchasers of KinderCare Learning Companies, Inc. common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to the company's October 2024 IPO [1]. Group 1: Class Action Details - Investors who purchased KinderCare common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 14, 2025 [3]. - The lawsuit claims that the registration statement was false and/or misleading, failing to disclose incidents of child abuse and neglect at KinderCare facilities, which exposed the company to material risks [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in recovering hundreds of millions for investors [4]. - The firm has been recognized for its performance in securities class action settlements, achieving the largest settlement against a Chinese company at the time and ranking highly in the industry since 2013 [4].
Scott+Scott Attorneys at Law LLP Alerts Investors There Is an Ongoing Securities Class Action Against KinderCare Learning Companies, Inc. (NYSE: KLC)
Globenewswire· 2025-09-26 16:02
Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. for allegedly misleading investors during its October 2024 IPO, claiming that the registration statement failed to disclose significant issues related to child care quality and safety [1][3]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the District of Oregon, asserting claims under the Securities Act of 1933 on behalf of investors who purchased KinderCare common stock during the IPO [1]. - The class action is titled Gollapalli v. KinderCare Learning Companies, Inc., et al., Case No. 3:25-cv-01424 (D. Or.) [1]. Group 2: Allegations Against KinderCare - The registration statement for the IPO is alleged to be false and misleading, failing to disclose incidents of child abuse, neglect, and harm at KinderCare facilities [3]. - It is claimed that KinderCare did not provide the "highest quality care possible" and failed to meet basic standards in the child care industry, exposing the company to undisclosed risks of lawsuits and reputational damage [3]. Group 3: Emergence of Issues - The issues began to surface on April 3, 2025, when a report titled "Problems at KinderCare Learning Companies (KLC)" highlighted failures in child care at KinderCare facilities [4]. - Subsequent articles and reports raised concerns about child safety and accountability, including a notable article questioning why babies were testing positive for cocaine at the daycare chain [4]. Group 4: Stock Performance - On August 12, 2025, the price of KinderCare's common stock was $9.81, a significant drop from its IPO price of $24 less than a year prior [5].
KLC NOTICE: KinderCare Learning Companies, Inc. Investors Urged to Contact Kirby McInerney LLP About Securities Fraud Lawsuit
Globenewswire· 2025-09-25 20:48
Core Points - KinderCare Learning Companies, Inc. is facing a class action lawsuit due to alleged misrepresentations in its IPO offering documents regarding child care standards and incidents of abuse [4][5] - The company's stock price has significantly declined from its IPO price of $24.00 per share to $9.81 as of August 12, 2025 [3] - The lawsuit is based on claims that KinderCare failed to disclose serious issues related to child safety and care quality at its facilities [4] Summary by Sections IPO Details - KinderCare issued 27 million shares at $24.00 per share during its IPO on October 8, 2024 [2] Stock Performance - Following the IPO, KinderCare's stock price has dropped to $9.81 by August 12, 2025, indicating a substantial loss for investors [3] Lawsuit Allegations - The class action lawsuit alleges that KinderCare's IPO documents contained material misrepresentations, including: - Numerous incidents of child abuse and neglect at its facilities [4] - Failure to provide the highest quality care and meet minimum industry standards [4]
Investors in KinderCare Learning Companies, Inc. Should Contact Levi & Korsinsky Before October 14, 2025 to Discuss Your Rights – KLC
Globenewswire· 2025-09-25 20:46
Core Viewpoint - A class action securities lawsuit has been filed against KinderCare Learning Companies, Inc. due to alleged securities fraud affecting investors who purchased shares during the October 2024 initial public offering [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors adversely affected by alleged securities fraud related to KinderCare Learning Companies, Inc. [2] - The complaint alleges that KinderCare concealed numerous incidents of child abuse, neglect, and harm at its facilities, failing to provide the highest quality care and meet minimum industry standards [3]. - As a result of these issues, KinderCare is said to be exposed to undisclosed risks including lawsuits, regulatory actions, negative publicity, reputational damage, and business loss [3]. Group 2: Next Steps for Investors - Investors who suffered losses in KinderCare Learning Companies, Inc. during the relevant timeframe have until October 14, 2025, to request appointment as lead plaintiff [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
Deadline Alert: KinderCare Learning Companies, Inc. (KLC) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-09-25 17:20
Core Viewpoint - KinderCare Learning Companies, Inc. is facing a class action lawsuit due to allegations of child abuse and neglect at its facilities, which has led to significant stock price declines since its IPO in October 2024 [1][3][4]. Group 1: Company Background - KinderCare conducted its IPO in October 2024, selling over 27 million shares at $24 per share [2]. - The company is publicly traded on the NYSE under the ticker symbol KLC [1]. Group 2: Allegations and Impact - A report published by Bear Cave on April 3, 2025, accused KinderCare of failing to provide a safe environment, citing incidents of child neglect and abuse, including arrests of employees for child sex abuse [3]. - Following the April report, KinderCare's stock price dropped by $1.59, or 12.4%, closing at $11.19 per share [4]. - A subsequent report on June 5, 2025, indicated growing allegations against KinderCare, prompting lawmakers to demand accountability, resulting in a further stock price decline of $0.63, or 5.5%, to close at $10.78 per share [5][4]. Group 3: Lawsuit Details - The class action lawsuit alleges that KinderCare made materially false and misleading statements regarding its business operations and failed to disclose incidents of child abuse and neglect [6]. - The lawsuit claims that KinderCare did not meet minimum standards in the childcare industry and was exposed to undisclosed risks, including lawsuits and reputational damage [6]. - Investors who purchased KinderCare stock during the IPO can file a lead plaintiff motion by October 14, 2025 [7].
KINDERCARE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against KinderCare Learning Companies, Inc. and Encourages Investors to Contact the Firm Before October 14th
Globenewswire· 2025-09-24 21:38
Core Viewpoint - A class action lawsuit has been filed against KinderCare Learning Companies, Inc. for allegedly misleading investors regarding the quality of care provided at its facilities and undisclosed risks associated with its IPO [1][6]. Allegation Details - The lawsuit claims that the registration statement for KinderCare's IPO was false and/or misleading, failing to disclose incidents of child abuse, neglect, and harm at its facilities [6]. - It is alleged that KinderCare did not provide the "highest quality care possible" and failed to meet basic standards in the child care industry, exposing the company to material risks including lawsuits and reputational damage [6]. Stock Performance - Following the IPO, KinderCare's stock price has fallen to lows near $9 per share, indicating a significant decline in investor confidence [6].
KINDERCARE DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages KinderCare Learning Companies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – KLC
Globenewswire· 2025-09-24 21:09
Core Viewpoint - Rosen Law Firm is reminding investors of KinderCare Learning Companies, Inc. about the upcoming lead plaintiff deadline for a class action lawsuit related to the company's October 2024 IPO [1]. Group 1: Class Action Details - Investors who purchased KinderCare common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 14, 2025 [3]. - The lawsuit claims that the registration statement was false and/or misleading, failing to disclose incidents of child abuse and neglect at KinderCare facilities, and that the company did not meet minimum care standards [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].