KLC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that KinderCare Learning Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

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 information regarding the quality of care provided at its facilities and undisclosed risks [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Gollapalli v. KinderCare Learning Companies, Inc., and it allows purchasers of KinderCare common stock from the IPO to seek appointment as lead plaintiff by October 13, 2025 [1][2]. - The lawsuit claims that KinderCare's registration statement for the IPO was false and misleading, failing to disclose incidents of child abuse and neglect at its facilities [3][4]. - Since the IPO, KinderCare's stock price has significantly declined, reaching lows near $9 per share from an initial offering price of $24 per share [4]. Group 2: Financial Aspects of the IPO - KinderCare raised $648 million in gross proceeds from the sale of over 27 million shares at $24 per share during its IPO [2]. - The lawsuit highlights that KinderCare was exposed to material risks, including potential lawsuits and reputational damage, which were not disclosed to investors [3]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing the plaintiffs in the class action lawsuit, known for its extensive experience in prosecuting investor class actions [4][6]. - The firm has a strong track record, having recovered over $2.5 billion for investors in securities-related class action cases in 2024 alone [6].