Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against KinderCare Learning Companies, Inc. (KLC)

Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. for allegedly making false and misleading statements during its October 2024 IPO [1][2]. Summary by Relevant Sections Allegations - The lawsuit claims that KinderCare failed to disclose significant adverse facts at the time of the IPO, including incidents of child abuse, neglect, and harm at its facilities [2]. - It is alleged that KinderCare did not provide the "highest quality care possible" and often failed to meet basic care standards and comply with relevant laws and regulations [2]. - As a result of these issues, KinderCare faced undisclosed risks of lawsuits, regulatory actions, negative publicity, reputational damage, and potential business losses [2]. Stock Performance - Following the IPO, KinderCare's stock price has reportedly fallen to around $9 per share, which is less than half of the initial IPO price of $24 per share [3]. Investor Information - Investors who acquired shares of KinderCare are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on October 14, 2025 [4].