Scott+Scott Attorneys at Law LLP Reminds Investors of The Securities Class Action That Has Been Filed Against KinderCare Learning Companies, Inc. (NYSE: KLC)

Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. for allegedly misleading investors during its October 2024 IPO, claiming that the registration statement failed to disclose significant issues related to child care quality and safety [1][3]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the District of Oregon, asserting claims under the Securities Act of 1933 on behalf of investors who purchased KinderCare common stock during the IPO [1]. - The class action is titled Gollapalli v. KinderCare Learning Companies, Inc., et al., Case No. 3:25-cv-01424 (D. Or.) [1]. Group 2: Allegations Against KinderCare - The registration statement for the IPO is alleged to be false and misleading, failing to disclose incidents of child abuse, neglect, and harm at KinderCare facilities [3]. - It is claimed that KinderCare did not provide the "highest quality care possible" and failed to meet basic standards in the child care industry, exposing the company to undisclosed risks of lawsuits and reputational damage [3]. Group 3: Emergence of Issues - Concerns about KinderCare's practices began to surface on April 3, 2025, when a report highlighted failures in child care, followed by an article questioning the safety of children in their facilities [4]. - On June 5, 2025, further reports indicated calls from lawmakers for accountability regarding KinderCare's use of federal funding amid allegations of abuse and poor safety practices [4]. Group 4: Stock Performance - On the date the class action was filed, August 12, 2025, KinderCare's common stock was priced at $9.81, a significant drop from its IPO price of $24 less than a year prior [5].