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

Core Viewpoint - 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][4]. Group 1: IPO Details - KinderCare sold over 27 million shares at $24 per share during its IPO, raising a total of $648 million in gross proceeds [3]. - Since the IPO, KinderCare's stock price has significantly declined to lows near $9 per share [5]. Group 2: Allegations in the Lawsuit - The lawsuit claims that the registration statement for the IPO was false and/or misleading, failing to disclose numerous incidents of child abuse, neglect, and harm at KinderCare facilities [4]. - It is alleged that KinderCare did not provide the "highest quality care possible" and failed to meet basic care standards, exposing the company to material risks including lawsuits and reputational damage [4]. Group 3: Legal Representation and Process - Robbins Geller Rudman & Dowd LLP is representing the plaintiffs, highlighting their extensive experience in prosecuting investor class actions [5][7]. - Investors who purchased KinderCare common stock in or traceable to the IPO can seek appointment as lead plaintiff in the class action lawsuit [6].