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Berger Montague PC Investigating Claims on Behalf of KinderCare Learning Companies, Inc. (NYSE: KLC) Investors After Class Action Filing
GlobeNewswire News Roomยท 2025-08-14 14:20
Group 1 - A class action lawsuit has been filed against KinderCare Learning Companies, Inc. on behalf of investors who purchased shares during the period from October 6, 2024, to August 12, 2025, including its October 2024 IPO [1][2] - The lawsuit alleges that the IPO registration statement contained false and misleading statements, failing to disclose incidents of child abuse, neglect, and harm at KinderCare facilities, and that the company did not meet minimum care standards [3] - Since the IPO, KinderCare's shares have significantly declined, reaching lows near $9 per share, resulting in substantial losses for investors [4] Group 2 - Investors who acquired KinderCare securities during the class period have until October 14, 2025, to seek appointment as lead plaintiff representative of the class [2] - Berger Montague, the law firm representing the plaintiffs, has a long history in securities class action litigation, having represented investors for over five decades [5]