Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises KinderCare Learning Companies, Inc. ("KinderCare e" or the "Company") (NYSE: KLC) investors of a class action representing investors that bought securities pursuant to and/or traceable to KinderCare’s initial public offering (“IPO”) conducted in October 2024 (the "Class Period"). KinderCare investors have until October 14, 2025 to file a lead p ...

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]

SAN DIEGO, Aug. 13, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of KinderCare Learning Companies, Inc. (NYSE: KLC) common stock in or traceable to KinderCare's October 2024 initial public offering (the "IPO"), have until October 13, 2025 to seek appointment as lead plaintiff of the KinderCare class action lawsuit. Captioned Gollapalli v. KinderCare Learning Companies, Inc., No. 25-cv-01424 (D. Or.), the KinderCare class action lawsuit charges KinderCare an ...

Core Points - The KinderCare Learning Companies, Inc. is facing a class action lawsuit related to its October 2024 IPO, with a deadline for lead plaintiff applications set for October 14, 2025 [1][2] - The lawsuit alleges that the IPO registration statement was misleading, failing to disclose incidents of child abuse and neglect at KinderCare facilities, and that the company did not meet industry standards for child care [3][4] - Following the IPO, KinderCare's stock price has significantly declined, reaching lows near $9 per share from an initial offering price of $24 per share [4] Company Overview - KinderCare provides early education and child care services across the United States, having raised $648 million through the sale of over 27 million shares during its IPO [2][3] - The company is accused of exposing itself to undisclosed risks, including potential lawsuits and reputational damage due to inadequate care at its facilities [3] Legal Context - The class action lawsuit is being led by Robbins Geller Rudman & Dowd LLP, a law firm with a strong track record in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6] - The Private Securities Litigation Reform Act of 1995 allows investors who purchased KinderCare stock during the IPO to seek lead plaintiff status, which enables them to represent the interests of the class [5]