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

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 regarding the quality of care provided at its facilities and undisclosed risks associated with child abuse incidents [1][3]. Summary by Sections Company Overview - KinderCare provides early education and child care services in the United States [2]. IPO Details - In the IPO, KinderCare sold over 27 million shares at $24 per share, raising $648 million in gross proceeds [2]. Allegations in the Lawsuit - The lawsuit claims that the IPO registration statement was false or 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 industry standards [3]. - Exposure to material risks including lawsuits, regulatory actions, and reputational damage [3]. Stock Performance - Since the IPO, KinderCare's stock price has fallen to lows near $9 per share [4]. Legal Representation - The plaintiffs are represented by Robbins Geller, a law firm experienced in prosecuting investor class actions [4]. Lead Plaintiff Process - Investors who purchased KinderCare stock in or traceable to the IPO can seek appointment as lead plaintiff, representing the interests of the class [5]. Law Firm Background - Robbins Geller is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6].