KLC INVESTOR NOTICE: Investor Files Class Action Lawsuit Against KinderCare Learning Companies, Inc. and Attorneys Announce Opportunity for Investors with Substantial Losses to Lead Investor Class Action Lawsuit

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 associated with the company's operations [1][3]. Group 1: Class Action Lawsuit Details - Purchasers of KinderCare common stock in or traceable to the IPO have until October 13, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit, Gollapalli v. KinderCare Learning Companies, Inc., alleges that the registration statement for the IPO was false and misleading, failing to disclose incidents of child abuse and neglect at KinderCare facilities [3]. - The lawsuit claims that KinderCare did not provide the "highest quality care possible" and failed to meet minimum standards in the child care industry, exposing the company to undisclosed risks [3]. Group 2: Financial Impact - Since the IPO, KinderCare's stock price has fallen to lows near $9 per share, significantly below the IPO price of $24 per share [4]. - The IPO raised $648 million in gross offering proceeds by selling over 27 million shares of common stock [2]. Group 3: Legal Representation - The plaintiff is represented by Robbins Geller Rudman & Dowd LLP, a law firm with extensive experience in prosecuting investor class actions, particularly those involving financial fraud [4][6]. - Robbins Geller has been recognized for securing substantial monetary relief for investors, recovering over $2.5 billion in 2024 alone [6].