Core Viewpoint - A class-action lawsuit has been filed against KBR, Inc. alleging misleading statements to investors prior to the cancellation of a significant military contract, which adversely affected the company's business outlook [1][5]. Group 1: Lawsuit Details - The lawsuit aims to represent investors who acquired KBR securities between May 6, 2025, and June 19, 2025 [1][2]. - Hagens Berman, a national shareholders rights firm, is encouraging KBR investors who experienced substantial losses to come forward [2]. - The legal action claims that KBR executives provided an overly optimistic outlook on a crucial partnership just before its collapse [2]. Group 2: Contract Cancellation Impact - The litigation is linked to the Department of Defense's cancellation of its global household goods contract with HomeSafe Alliance LLC, a joint venture led by KBR, announced on June 20, 2025 [3]. - Following the contract termination, KBR shares dropped over 7% due to the loss of a contract valued at up to $20 billion over a potential nine-year term [3]. Group 3: Misrepresentation Allegations - On May 6, 2025, during its Q1 earnings call, KBR assured investors that the HomeSafe partnership was "strong" and projected a mid-point revenue contribution of about $400 million for 2025 [4]. - Just weeks later, on June 19, 2025, HomeSafe revealed that TRANSCOM had terminated the contract due to operational issues, which KBR allegedly knew about but did not disclose to investors [5]. - The lawsuit argues that KBR's misrepresentation led to significant financial losses for shareholders [5]. Group 4: Financial Guidance Revision - Following the contract termination, KBR revised its low-end 2025 revenue guidance downward by approximately $900 million (-9%) on July 31, 2025, primarily due to the removal of the HomeSafe JV revenue contribution [6]. - KBR management acknowledged operational challenges during the earnings call after the guidance revision [6].

SAN FRANCISCO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Prominent shareholder rights law firm Hagens Berman is investigating Stride, Inc. (NYSE: LRN), the online education platform, for potential violations of the U.S. securities laws following a series of negative market events and serious fraud allegations that have seen the company's stock price plummet. The firm urges investors in Stride who suffered significant losses to submit your losses now. The firm also encourages persons with knowledge who may be able t ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Avantor, Inc. due to allegations of misleading statements regarding the company's competitive position and performance, which have led to significant investor losses [2][4]. Group 1: Allegations and Misleading Statements - The complaint alleges that Avantor and its executives violated federal securities laws by making false and misleading statements about the company's competitive positioning and failing to disclose the negative impacts of increased competition [4]. - During an earnings call on July 26, 2024, the then CEO Michael Stubblefield assured investors of Avantor's strong competitive position, despite evidence suggesting otherwise [5]. - The company downplayed the effects of increased competition, claiming competitive advantages that were later proven to be overstated [5]. Group 2: Financial Performance and Stock Impact - On April 25, 2025, Avantor reported disappointing Q1 2025 results, cutting its guidance and attributing weak performance to increased competitive intensity, resulting in a stock price drop of over 16.5% [6]. - The company further reported a year-over-year decrease in net sales on August 1, 2025, and projected organic revenue growth of -2% to 0%, leading to another stock decline of more than 15% [7][8]. - In Q3 2025, Avantor reported a net loss of $712 million, primarily due to a non-cash goodwill impairment charge of $785 million, which was attributed to competitive pressures, causing the stock to drop over 23% [9][10].

Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. and its executives, alleging misleading statements during its October 2024 IPO, which misrepresented the company's operations and safety record [1][2]. Company Operations and Allegations - The lawsuit claims that KinderCare's IPO documents falsely portrayed the company as providing "the highest quality care possible" while concealing a history of serious safety and care failures [2][6]. - More than 30% of KinderCare's revenues are derived from federal subsidies, making the alleged omissions regarding safety and care failures particularly significant [3]. Financial Performance - Since the IPO, KinderCare's stock has significantly declined from an offering price of $24 per share to lows near $9 per share, attributed to the market's realization of the company's misleading statements [4]. Legal Investigation - Hagens Berman is investigating the claims and focusing on the extent to which KinderCare's alleged history of safety failures was concealed, leading to an artificially inflated IPO price and subsequent investor losses [5][6]. - The investigation aims to determine if the failure to disclose key risks constitutes a violation of U.S. securities laws [6].

Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. and its executives, alleging misleading statements during its October 2024 IPO, which misrepresented the company's operations and safety record [1][2]. Group 1: Lawsuit Details - The lawsuit, Gollapalli v. KinderCare Learning Companies, Inc., seeks to represent investors who purchased KLC common stock during or traceable to the IPO [1]. - The complaint claims that KinderCare's IPO documents falsely portrayed the company as providing "the highest quality care possible," while concealing a history of serious safety and care failures [2]. - The lawsuit highlights that over 30% of KinderCare's revenues are derived from federal subsidies, making the alleged omissions particularly significant [3]. Group 2: Stock Performance - Since the IPO, KinderCare's stock has significantly declined from an offering price of $24 per share to lows near $9 per share, attributed to the market's realization of the company's misleading statements [4]. Group 3: Investigation and Implications - Hagens Berman is investigating the claims and focusing on the extent to which KinderCare's alleged history of safety failures was concealed, leading to an artificially inflated IPO price [5][6]. - The investigation aims to determine if the failure to disclose key risks constitutes a violation of U.S. securities laws [6].

Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. and its executives, alleging misleading statements during its October 2024 IPO, which misrepresented the company's operations and concealed a history of safety failures [1][2]. Group 1: Lawsuit Details - The lawsuit, Gollapalli v. KinderCare Learning Companies, Inc., seeks to represent investors who purchased KLC common stock during or traceable to the IPO [1]. - The complaint claims that KinderCare's IPO documents falsely portrayed the company as providing "the highest quality care possible" while hiding serious safety and care failures [2]. - The lawsuit emphasizes that over 30% of KinderCare's revenues are derived from federal subsidies, making the alleged omissions particularly critical [3]. Group 2: Stock Performance - Since the IPO, KinderCare's stock has significantly declined from an offering price of $24 per share to lows near $9 per share, attributed to the market's realization of the company's misleading statements [4]. Group 3: Investigation and Implications - Hagens Berman is investigating the claims and focusing on the extent to which KinderCare's history of safety failures was concealed, leading to an inflated IPO price and subsequent investor losses [5][6]. - The investigation aims to determine if the failure to disclose key risks constitutes a violation of U.S. securities laws [6].

Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. and its executives, alleging misleading statements during its October 2024 IPO, which misrepresented the company's operations and safety record [1][2]. Group 1: Lawsuit Details - The lawsuit, Gollapalli v. KinderCare Learning Companies, Inc., seeks to represent investors who purchased KLC common stock during or traceable to the IPO [1]. - The complaint claims that KinderCare's IPO documents falsely portrayed the company as providing "the highest quality care possible," while concealing a history of serious safety and care failures [2]. - The lawsuit emphasizes that over 30% of KinderCare's revenues are derived from federal subsidies, making the alleged omissions particularly significant [3]. Group 2: Stock Performance - Since the IPO, KinderCare's stock has significantly declined from an offering price of $24 per share to lows near $9 per share, attributed to the market's realization of the company's misleading statements [4]. Group 3: Investigation and Implications - Hagens Berman is investigating the claims and encourages affected investors to consider their legal options, focusing on the alleged concealment of safety and care failures that inflated the IPO price [5][6]. - The investigation aims to determine if the failure to disclose key risks constitutes a violation of U.S. securities laws [6].

Core Viewpoint - A securities class-action lawsuit has been filed against Sable Offshore Corp. for allegedly misleading investors regarding the restart of its oil production, which led to significant investor losses [1][2]. Group 1: Allegations and Legal Proceedings - The lawsuit, Johnson v. Sable Offshore Corp., involves investors who purchased shares between May 19, 2025, and June 3, 2025, including those who participated in the secondary public offering on May 21, 2025 [2]. - Sable Offshore issued a press release on May 19 claiming it had restarted oil production, which was later contradicted by California's Lieutenant Governor, stating the activities were only "well-testing procedures" [2]. - The alleged deception was revealed on May 28, 2025, when the Lieutenant Governor's letter became public, causing Sable's stock price to drop by over 15% [3]. - On June 4, 2025, a Santa Barbara County Superior Court judge issued a temporary restraining order against Sable, prohibiting oil transportation through the Las Flores Pipeline System, further impacting the stock price [3]. Group 2: Legal Representation and Investigation - Hagens Berman, a national shareholder rights firm, is investigating the claims against Sable Offshore and is seeking information from investors who suffered substantial losses [5]. - The firm is exploring whether the company's claims about oil production and subsequent judicial actions were part of a pattern of misleading behavior that caused investor losses [5]. Group 3: Company Background - Hagens Berman has a history of representing investors and has secured over $2.9 billion in cases related to corporate negligence and wrongdoing [6].

Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. alleging misleading statements during its October 2024 IPO, which has led to significant investor losses [1][2][4]. Group 1: Lawsuit Details - The lawsuit, Gollapalli v. KinderCare Learning Companies, Inc., claims that KinderCare's IPO documents misrepresented the company's operations, presenting a false image of providing "the highest quality care" while concealing a history of safety and care failures [2][5]. - The lawsuit seeks to represent investors who purchased KLC common stock during or traceable to the IPO [1]. - The lead plaintiff deadline for the lawsuit is set for October 14, 2025 [3]. Group 2: Financial Implications - More than 30% of KinderCare's revenues are derived from federal subsidies, making the alleged omissions regarding safety and care failures particularly significant, as they expose the company to undisclosed legal and regulatory risks [3]. - Since the IPO, KinderCare's stock price has declined from $24 per share to lows near $9 per share, attributed to the market's realization of the company's misleading statements [4]. Group 3: Investigation and Legal Options - Hagens Berman is investigating the claims and encourages affected investors to consider their legal options, focusing on the alleged concealment of safety and care failures that inflated the IPO price [5][6]. - The firm is examining whether the failure to disclose key risks constitutes a violation of U.S. securities laws [6].

Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. alleging that the company misled investors during its October 2024 IPO, claiming that the IPO documents presented a false and misleading picture of the company's operations [1][2]. Group 1: Allegations and Lawsuit Details - The lawsuit, Gollapalli v. KinderCare Learning Companies, Inc., seeks to represent investors who purchased KLC common stock during or traceable to the company's IPO [1]. - The complaint alleges that KinderCare's IPO documents described its services as providing "the highest quality care possible" while failing to disclose a history of serious safety and care failures, including incidents of child neglect and harm at its facilities [2][3]. - More than 30% of KinderCare's revenues come from federal subsidies, which the lawsuit claims makes the alleged omissions particularly significant, as regulatory scrutiny could threaten this revenue source [3]. Group 2: Stock Performance and Investor Impact - Since the IPO, KinderCare's stock has significantly declined from its offering price of $24 per share to lows near $9 per share, attributed to the market's realization that the company's positive statements were unfounded [4]. - The lawsuit emphasizes that the alleged concealment of safety issues led to an artificially inflated IPO price and subsequent investor losses [5]. Group 3: Legal and Investigative Actions - Hagens Berman, the law firm investigating these claims, encourages investors who suffered losses to consider their legal options and highlights the importance of transparency during the IPO process [5]. - The firm is particularly focused on the extent to which KinderCare's history of safety and care failures was concealed from the public [5].