KLC INVESTOR DEADLINE: 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 article discusses a class action lawsuit against KinderCare Learning Companies, Inc. 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 [1][3]. Company Overview - KinderCare Learning Companies, Inc. provides early education and child care services in the United States [2]. - The company raised $648 million by selling over 27 million shares at $24 per share during its IPO [2]. Allegations of the Lawsuit - The lawsuit claims that the IPO registration statement was false and misleading, failing to disclose: - Numerous incidents of child abuse, neglect, and harm at KinderCare facilities [3]. - Inadequate care provided at its facilities, not meeting minimum standards in the child care industry [3]. - Exposure to material risks including lawsuits, regulatory actions, negative publicity, and reputational damage [3]. Stock Performance - Following the IPO, KinderCare's stock price fell to lows near $9 per share [4]. Legal Representation - The plaintiffs are represented by Robbins Geller Rudman & Dowd LLP, a law firm with extensive experience in prosecuting investor class actions [4].