Kindercare Learning Companies, Inc.(US:KLC) Prnewswireยท2025-09-22 12:45Core Viewpoint - A class action lawsuit has been filed against KinderCare Learning Companies, Inc. (NYSE: KLC) alleging that the company made materially false and misleading statements regarding the quality of care provided at its facilities, leading to undisclosed risks of lawsuits and reputational damage [1]. Group 1: Allegations and Class Period - The lawsuit is on behalf of all purchasers of KinderCare common stock during the class period, which is traced back to the company's October 2024 initial public offering [1]. - Allegations include incidents of child abuse, neglect, and harm at KinderCare facilities, failure to provide high-quality care, and non-compliance with industry standards and regulations [1]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by the deadline of October 14, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3].