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ROSEN, LEADING INVESTOR COUNSEL, Encourages KinderCare Learning Companies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – KLC
Kindercare Learning Companies, Inc.Kindercare Learning Companies, Inc.(US:KLC) GlobeNewswire News Room·2025-08-24 16:52

Core Viewpoint - A class action lawsuit has been filed against KinderCare Learning Companies, Inc. regarding its October 2024 initial public offering, alleging that the registration statement was misleading and failed to disclose significant issues related to child care quality and safety [1][5]. Group 1: Lawsuit Details - The lawsuit claims that KinderCare facilities experienced numerous incidents of child abuse, neglect, and harm, contradicting the company's assertion of providing "the highest quality care possible" [5]. - It is alleged that KinderCare did not meet basic care standards or comply with relevant laws and regulations governing child care, exposing the company to undisclosed risks of lawsuits and reputational damage [5]. - Investors are reportedly suffering damages as a result of the misleading information that was not disclosed prior to the IPO [5]. Group 2: Legal Process and Participation - Investors who purchased KinderCare common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors must act before October 14, 2025, to serve as lead plaintiff, which involves directing the litigation on behalf of other class members [3][5]. - The Rosen Law Firm encourages investors to select qualified legal counsel with a successful track record in securities class actions [4].