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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].
KLC INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that KinderCare Learning Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-09-24 19:50
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 information regarding the company's operations and care standards [1][4]. Group 1: Company Overview - KinderCare Learning Companies, Inc. provides early education and child care services in the United States [4]. - In its IPO, KinderCare sold over 27 million shares at $24 per share, raising $648 million in gross proceeds [3]. Group 2: Allegations of the Lawsuit - The lawsuit claims that the IPO registration statement was false and/or misleading, failing to disclose 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 undisclosed risks of lawsuits and reputational damage [4]. Group 3: Stock Performance - Following the IPO, KinderCare's stock price fell to lows near $9 per share, indicating significant losses for investors [5]. Group 4: Legal Process - Investors who purchased KinderCare common stock in or traceable to the IPO can seek appointment as lead plaintiff in the class action lawsuit, with the lead plaintiff representing the interests of all class members [6]. Group 5: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
Scott+Scott Attorneys at Law LLP Reminds Investors of The Securities Class Action That Has Been Filed Against KinderCare Learning Companies, Inc. (NYSE: KLC)
Globenewswire· 2025-09-22 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 - Concerns about KinderCare's practices began to surface on April 3, 2025, when a report highlighted failures in child care, followed by an article questioning the safety of children in their facilities [4]. - On June 5, 2025, further reports indicated calls from lawmakers for accountability regarding KinderCare's use of federal funding amid allegations of abuse and poor safety practices [4]. Group 4: Stock Performance - On the date the class action was filed, August 12, 2025, KinderCare's common stock was priced at $9.81, a significant drop from its IPO price of $24 less than a year prior [5].
KinderCare Learning Companies Endorses Bipartisan Child Care Modernization Act
Businesswire· 2025-09-22 13:00
Core Points - KinderCare Learning Companies expresses strong support for the Child Care Modernization Act, a bipartisan bill aimed at improving child care access and affordability [1] Company Summary - KinderCare is recognized as a leading provider of high-quality early childhood education and care [1] - The company commends Senators Deb Fischer and Kirsten Gillibrand for their leadership in advancing this important legislation [1]
KLC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that KinderCare Learning Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Globenewswire· 2025-09-22 12:55
Core Viewpoint - The 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 statements and undisclosed risks regarding child care quality and incidents of abuse at its facilities [1][3]. Summary by Sections Class Action Lawsuit - Investors who purchased KinderCare common stock during or traceable to the IPO have until October 13, 2025, to seek lead plaintiff status in the class action lawsuit [1]. - The lawsuit is titled Gollapalli v. KinderCare Learning Companies, Inc. and is pending in the District of Oregon [1]. IPO Details - KinderCare sold over 27 million shares at $24 per share during the IPO, raising a total of $648 million in gross proceeds [2]. Allegations - The lawsuit claims that the IPO registration statement was false or misleading, failing to disclose multiple incidents of child abuse and neglect at KinderCare facilities [3]. - It is alleged that KinderCare did not provide the "highest quality care possible" and failed to meet basic care standards, exposing the company to undisclosed risks of lawsuits and reputational damage [3]. Stock Performance - Following the IPO, KinderCare's stock price has significantly declined, reaching lows near $9 per share [4]. Legal Representation - The plaintiffs are represented by Robbins Geller, a law firm with extensive experience in prosecuting investor class actions, particularly those involving financial fraud [4].
Class Action Filed Against KinderCare Learning Companies, Inc. (KLC) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-09-22 12:45
Core Viewpoint - A class action lawsuit has been filed against KinderCare Learning Companies, Inc. (NYSE: KLC) alleging that the company made materially false and misleading statements regarding the quality of care provided at its facilities, leading to undisclosed risks of lawsuits and reputational damage [1]. Group 1: Allegations and Class Period - The lawsuit is on behalf of all purchasers of KinderCare common stock during the class period, which is traced back to the company's October 2024 initial public offering [1]. - Allegations include incidents of child abuse, neglect, and harm at KinderCare facilities, failure to provide high-quality care, and non-compliance with industry standards and regulations [1]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by the deadline of October 14, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3].