A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/KLC. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in KinderCare you have until October 16, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. NEW YORK, A ...

Group 1 - A class action has been filed against KinderCare Learning Companies, Inc. (KLC) on behalf of purchasers of its common stock related to the October 2024 IPO [1] - The allegations include that KinderCare's Registration Statement for the IPO contained misleading statements, specifically regarding incidents of child abuse and neglect at its facilities, and failure to meet basic care standards [2] - The complaint claims that KinderCare was exposed to undisclosed risks including lawsuits, regulatory actions, and reputational damage due to these failures [2] Group 2 - Shareholders interested in serving as lead plaintiffs must file their papers by October 14, 2025, to represent the class in the litigation [3] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses for representation [4]

Core Viewpoint - A class action lawsuit has been initiated against KinderCare Learning Companies, Inc. on behalf of investors who suffered losses following the company's IPO in October 2024 [1][2]. Company Summary - The lawsuit claims that the IPO registration statement was misleading and failed to disclose significant issues, including incidents of child abuse and neglect at KinderCare facilities [2]. - It is alleged that KinderCare did not provide the promised high-quality care and failed to meet basic standards in the childcare industry [2]. - The lawsuit highlights that KinderCare was exposed to undisclosed risks, including potential lawsuits, regulatory actions, and reputational damage [2]. Legal Firm Summary - Johnson Fistel, PLLP is a recognized law firm specializing in shareholder rights and securities class action lawsuits, with multiple offices across the United States [3]. - The firm has a track record of recovering significant amounts for clients, totaling approximately $90.725 million in past cases [4].

Core Viewpoint - A shareholder has filed a securities class action lawsuit against KinderCare Learning Companies, Inc. on behalf of investors who purchased shares during the October 2024 IPO, alleging misrepresentations regarding the child care services offered by the company [1][2]. Group 1 - The lawsuit is initiated by a shareholder representing a class of investors who acquired KinderCare's common stock during its initial public offering [1]. - The allegations in the lawsuit focus on misrepresentations made by the defendants concerning the quality of child care provided by KinderCare [2]. - Investors interested in serving as lead plaintiff must file necessary documents by October 14, 2025, and participation does not require serving as lead plaintiff [3]. Group 2 - Bernstein Liebhard LLP, the law firm handling the case, has a history of recovering over $3.5 billion for clients and has represented both individual investors and large pension funds [4]. - The firm has been recognized for its litigation success, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [4].

Industry Overview - The US childcare sector includes roughly 11 million children under 15 in paid childcare [2] - Childcare in the US is uniquely expensive, comprising a higher proportion of average income than elsewhere [4] - Private equity firms are increasingly involved in the childcare sector, drawn by the strong demand and real estate opportunities [6] Private Equity Involvement - For-profit chains account for 10-12% of the childcare sector and are growing due to access to debt financing and capital markets [6] - Private equity firms utilize sale leasebacks, selling the real estate occupied by childcare centers and leasing it back, generating profits [7] - National chains and independent centers targeted by private equity account for about 39% of children in care, expected to grow to 45% in 5 years [12] Risks and Challenges - Overleveraging can lead to childcare chain collapses, as seen with Guidepost Montessori closing 40-50 sites and filing for bankruptcy [13] - Similar collapses have occurred in other countries like the Netherlands and Australia [14][15] - Rapid growth and large chains can lead to a loss of control over quality and other concerns [16] Alternative Solutions and Perspectives - Private equity may increase capacity but doesn't fundamentally solve the demand for affordable, high-quality childcare, especially for lower-income families [26] - Short-term gains and economic solutions may not be the best drivers when dealing with children's needs [27] - Public funding, like Vermont's $125 million childcare bill, can provide access to childcare assistance for over 7,000 families and boost the economy by $375 million [20][23]