KLC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that KinderCare Learning Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities 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 statements and undisclosed risks regarding child care quality and incidents of abuse at its facilities [1][3]. Summary by Sections Class Action Lawsuit - Investors who purchased KinderCare common stock during or traceable to the IPO have until October 13, 2025, to seek lead plaintiff status in the class action lawsuit [1]. - The lawsuit is titled Gollapalli v. KinderCare Learning Companies, Inc. and is pending in the District of Oregon [1]. IPO Details - KinderCare sold over 27 million shares at $24 per share during the IPO, raising a total of $648 million in gross proceeds [2]. Allegations - The lawsuit claims that the IPO registration statement was false or misleading, failing to disclose multiple incidents of child abuse and neglect at KinderCare facilities [3]. - It is alleged that KinderCare did not provide the "highest quality care possible" and failed to meet basic care standards, exposing the company to undisclosed risks of lawsuits and reputational damage [3]. Stock Performance - Following the IPO, KinderCare's stock price has significantly declined, reaching lows near $9 per share [4]. Legal Representation - The plaintiffs are represented by Robbins Geller, a law firm with extensive experience in prosecuting investor class actions, particularly those involving financial fraud [4].