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INVESTOR REMINDER: Berger Montague Notifies KinderCare Learning Companies, Inc. (NYSE: KLC) Investors of a Class Action Lawsuit and Deadline
Prnewswire· 2025-09-17 12:36
Core Viewpoint - A class action lawsuit has been filed against KinderCare Learning Companies, Inc. for allegedly misleading investors during its IPO period, particularly regarding the quality of care provided at its facilities [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased shares from October 6, 2024, to August 12, 2025, including during the October 2024 IPO [1][2]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations - The investigation centers on claims that the IPO registration statement contained false and misleading information, failing to disclose incidents of child abuse and neglect at KinderCare facilities [3]. - It is alleged that KinderCare did not meet minimum care standards or legal compliance requirements, contradicting claims of providing "the highest quality care possible" [3]. Group 3: Financial Impact - Since the IPO, KinderCare's shares have significantly declined, reaching lows near $9 per share, resulting in substantial losses for investors [4].
KinderCare (KLC) Faces Investor Lawsuit Over IPO After Allegations of Child Neglect Surface - Hagens Berman
Prnewswire· 2025-09-16 22:28
Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. alleging that the company misled investors during its October 2024 IPO, claiming that the IPO documents presented a false image of the company's operations [1][4]. Group 1: Allegations and Claims - The lawsuit claims that KinderCare's IPO documents misrepresented the quality of care provided, stating it offered "the highest quality care possible" while concealing a history of serious safety and care failures [1][5]. - More than 30% of KinderCare's revenues are derived from federal subsidies, making the alleged omissions regarding safety and care failures particularly significant, as they expose the company to undisclosed legal and regulatory risks [2][3]. - Since the IPO, KinderCare's stock has significantly declined from an offering price of $24 per share to lows near $9 per share, attributed to the market's realization of the misleading nature of the company's positive statements [3][4]. Group 2: Legal Investigation and Actions - Hagens Berman is investigating the claims against KinderCare and encourages affected investors to consider their legal options, focusing on the alleged concealment of safety and care failures that led to an inflated IPO price [4][5]. - The firm is examining whether the failure to disclose key risks constitutes a violation of U.S. securities laws, emphasizing the disconnect between KinderCare's presentation to investors and the actual operational realities [5][6].
KinderCare Learning Companies, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before October 14, 2025 to Discuss Your Rights – KLC
Globenewswire· 2025-09-16 21:18
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: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
October 14, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against KLC
Prnewswire· 2025-09-16 12:45
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 incidents of child abuse, neglect, and harm at its facilities, failed to provide high-quality care, and did not 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, and reputational damage [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until October 14, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
ROSEN, A LEADING LAW FIRM, Encourages KinderCare Learning Companies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – KLC
Globenewswire· 2025-09-16 00:34
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock 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 those wishing to serve as lead plaintiff must act by October 14, 2025 [3]. - The lawsuit alleges 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].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 14, 2025 in KinderCare Learning Companies, Inc. Lawsuit – KLC
Globenewswire· 2025-09-15 19:50
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of KinderCare Learning Companies, Inc. regarding a class action lawsuit related to allegations of child abuse and neglect at its facilities, which may have led to misleading statements about the quality of care provided [1][3]. Group 1: Allegations and Class Action Details - The lawsuit is on behalf of all purchasers of KinderCare common stock during the class period, which traces back to the Company's October 2024 initial public offering [3]. - Allegations include that KinderCare failed to disclose numerous incidents of child abuse, neglect, and harm at its facilities, and did not provide the "highest quality care possible," failing to meet basic standards in the child care industry [3]. - As a result of these issues, KinderCare is exposed to undisclosed risks including lawsuits, regulatory actions, negative publicity, reputational damage, and business loss [3]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by the deadline of October 14, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [5].
KinderCare Learning Companies, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies KinderCare Learning Companies, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
Businesswire· 2025-09-15 19:39
Group 1 - KinderCare Learning Companies, Inc. is facing a federal securities class action, with a deadline of October 14, 2025, for investors to seek the role of lead plaintiff [1] - The company is encouraging investors who purchased or acquired its securities to come forward with information or to learn more about the case [1] - Thomas W. Elrod of Kirby McInerney LLP is the contact person for inquiries related to the class action [1]
Scott+Scott Attorneys at Law LLP Alerts Investors That An Action Has Been Filed Against KinderCare Learning Companies, Inc. (NYSE: KLC)
Globenewswire· 2025-09-15 17:40
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]. - Reports published in 2025 highlighted various scandals and failures in child care practices at KinderCare, raising concerns about the company's accountability [4]. Group 3: 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].
Did KinderCare (KLC) Mislead IPO Investors? Lawsuit Alleges Company Concealed History of Child Safety Failures – Hagens Berman
Globenewswire· 2025-09-15 17:36
Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. alleging misleading statements during its October 2024 IPO, which has led to significant investor losses [1][2][4]. Group 1: Lawsuit Details - The lawsuit, Gollapalli v. KinderCare Learning Companies, Inc., claims that KinderCare's IPO documents misrepresented the company's operations, presenting a false image of providing "the highest quality care" while concealing a history of safety and care failures [2][5]. - The lawsuit seeks to represent investors who purchased KLC common stock during or traceable to the IPO [1]. - The lead plaintiff deadline for the lawsuit is set for October 14, 2025 [3]. Group 2: Financial Implications - More than 30% of KinderCare's revenues are derived from federal subsidies, making the alleged omissions regarding safety and care failures particularly significant, as they expose the company to undisclosed legal and regulatory risks [3]. - Since the IPO, KinderCare's stock price has declined from $24 per share to lows near $9 per share, attributed to the market's realization of the company's misleading statements [4]. Group 3: Investigation and Legal Options - Hagens Berman is investigating the claims and encourages affected investors to consider their legal options, focusing on the alleged concealment of safety and care failures that inflated the IPO price [5][6]. - The firm is examining whether the failure to disclose key risks constitutes a violation of U.S. securities laws [6].
October 14, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against KLC
Prnewswire· 2025-09-15 12:45
Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of KinderCare Learning Companies, Inc. (NYSE: KLC) due to allegations of misleading statements and failure to disclose incidents of child abuse and neglect at their facilities [1]. Group 1: Allegations and Class Period - The lawsuit is based on allegations that KinderCare issued materially false and/or misleading statements during the class period, which began with the company's initial public offering in October 2024 [1]. - Specific allegations include that KinderCare did not provide the "highest quality care possible," failed to meet basic care standards, and was exposed to undisclosed risks of lawsuits and reputational damage [1]. Group 2: Shareholder Actions - Shareholders who purchased KLC shares during the class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for October 14, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors affected by deceit and illegal business practices, emphasizing the importance of responsible corporate behavior [3].