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Suspect seen setting fire to Atlanta daycare center
NBC News· 2025-10-22 04:05
An investigation underway after a suspect broke into a Georgia daycare, setting it on fire. All of it captured on camera. Security video obtained by NBC News affiliate WXIA showing the suspect running across the backyard of the property in a black hooded sweatshirt, then using a tool to break through the back entrance.Another camera capturing the moment the suspect pours gasoline down a hallway inside the building before going back outside, setting a fire, and running from the scene, jumping over the proper ...
KLC DEADLINE ALERT: Hagens Berman Alerts KinderCare (KLC) Investors to Today's Lead Plaintiff Deadline in Securities Class Action
Prnewswire· 2025-10-14 09:57
Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. alleging misleading statements during its October 2024 IPO, claiming that the company concealed a history of safety and care failures from investors [1][5]. 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 unfounded positive statements [3]. Revenue Sources - 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 [2]. Legal Investigation - Hagens Berman is investigating the claims against KinderCare, focusing on the alleged concealment of safety and care failures that may have led to an artificially inflated IPO price and subsequent investor losses [4][5]. Investor Communication - The firm encourages investors who purchased KLC stock in the IPO and suffered losses to consider their legal options, emphasizing the disconnect between KinderCare's presentation and the alleged reality of its operations [4][5].
KinderCare Learning Companies, Inc. Class Action: The Gross Law Firm Reminds KinderCare Learning Companies, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 14, 2025 – KLC
Globenewswire· 2025-10-13 20:00
Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of KinderCare Learning Companies, Inc. (NYSE: KLC) due to allegations of misleading statements and failure to disclose incidents of child abuse and neglect at their facilities [1][3]. Group 1: Allegations and Class Period - The lawsuit pertains to all purchasers of KinderCare common stock during the class period, which is traced back to the Company's October 2024 initial public offering [3]. - Allegations include that KinderCare failed to provide adequate care, did not meet minimum industry standards, and was exposed to undisclosed risks of lawsuits and reputational damage [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by the deadline of October 14, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [5]. - The firm seeks recovery for investors who suffered losses due to misleading statements that inflated the company's stock value [5].
KLC FINAL DEADLINE ALERT: Did KinderCare (KLC) Mislead IPO Investors? Lawsuit Alleges Company Concealed History of Child Safety Failures – Hagens Berman
Globenewswire· 2025-10-13 19:43
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].
Holzer & Holzer, LLC Reminds Investors of Upcoming Lead Plaintiff Deadlines in Shareholder Class Action Lawsuits Against Unicycive Therapeutics (UNCY) and KinderCare Learning Companies, Inc. (KLC)
Globenewswire· 2025-10-10 20:00
Group 1: Unicycive Therapeutics - A shareholder class action lawsuit has been filed against Unicycive Therapeutics, alleging that the company made materially false and/or misleading statements regarding its ability to meet FDA manufacturing compliance requirements between March 29, 2024, and June 27, 2025 [1] - Investors who purchased Unicycive shares during this period and suffered significant losses are encouraged to discuss their legal rights [1] Group 2: KinderCare Learning Companies - A shareholder class action lawsuit has been filed against KinderCare Learning Companies, claiming that the company made materially false and/or misleading statements in the Registration Statement related to its October 2024 IPO regarding the quality of care at its facilities [2] - Investors who purchased KinderCare shares in connection with the October 2024 IPO and experienced significant losses are encouraged to discuss their legal rights [2] Group 3: Holzer & Holzer, LLC - Holzer & Holzer, LLC is a top-rated securities litigation law firm that focuses on representing shareholders and investors in litigation, including class action and derivative litigation [3] - The firm has been involved in recovering hundreds of millions of dollars for shareholders affected by fraud and corporate misconduct since its founding in 2000 [3]
KLC 5-DAY DEADLINE ALERT: Did KinderCare (KLC) Mislead IPO Investors? Lawsuit Alleges Company Concealed History of Child Safety Failures– Hagens Berman
Globenewswire· 2025-10-09 16:38
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].
KLC 1-WEEK DEADLINE ALERT: Did KinderCare (KLC) Mislead IPO Investors? Lawsuit Alleges Company Concealed History of Child Safety Failures– Hagens Berman
Globenewswire· 2025-10-07 20:19
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].
KLC 11-DAY DEADLINE ALERT: Did KinderCare (KLC) Mislead IPO Investors? Lawsuit Alleges Company Concealed History of Child Safety Failures– Hagens Berman
Globenewswire· 2025-10-03 18:46
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].
KLC 13-DAY DEADLINE ALERT: Did KinderCare (KLC) Mislead IPO Investors? Lawsuit Alleges Company Concealed History of Child Safety Failures – Hagens Berman
Globenewswire· 2025-10-01 18:33
Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. alleging misleading statements during its October 2024 IPO, which misrepresented the company's operations and safety record [1][2]. Company Operations - 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 encourages affected investors to consider their legal options, focusing on the alleged concealment of safety and care failures that led to an 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].
Scott+Scott Attorneys at Law LLP Continues to Remind Investors of The Ongoing Securities Class Action Against KinderCare Learning Companies, Inc. (NYSE: KLC)
Globenewswire· 2025-09-29 16:02
Core Viewpoint - A securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. for allegedly misleading investors during its October 2024 IPO, claiming that the registration statement failed to disclose significant issues related to child care quality and safety [1][3]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the District of Oregon, asserting claims under the Securities Act of 1933 on behalf of investors who purchased KinderCare common stock during the IPO [1]. - The class action is titled Gollapalli v. KinderCare Learning Companies, Inc., et al., and includes current and former officers, directors, and underwriters as defendants [1]. Group 2: Allegations Against KinderCare - The class action alleges that KinderCare's registration statement was false and misleading, failing to disclose incidents of child abuse, neglect, and harm at its facilities [3]. - It is claimed that KinderCare did not provide the "highest quality care possible" and failed to meet basic standards in the child care industry, exposing the company to undisclosed risks of lawsuits and reputational damage [3]. Group 3: Impact on Stock Price - Following the emergence of these allegations, KinderCare's stock price dropped significantly, from an IPO price of $24 to $9.81 by August 12, 2025, the date the class action was filed [5]. Group 4: Media Coverage - The issues surrounding KinderCare began to gain public attention through various reports, including a critical analysis by research analyst Edwin Dorsey and an article by Evie magazine highlighting serious concerns about child safety at KinderCare facilities [4].