Robbins LLPinforms stockholders that a class action was filed on behalf of purchasers of KinderCare Learning Companies, Inc. (NYSE: KLC) common stock in or traceable to the Company's October 2024 initial public offering (“IPO”). KinderCare provides early education and child care services in the United States.
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For more information, submit a form, emailattorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations:Robbins LLP is Investigating Allegations that KinderCare Learning Companies, Inc. (KLC) Included Misleading Statements in its Registration Statement in Support of its IPO
According to the complaint, defendants negligently prepared the Registration Statement in support of the IPO. Specifically, defendants failed to disclose: (a) that numerous incidents of child abuse, neglect, and harm had occurred at KinderCare facilities; (b) that KinderCare did not provide the “highest quality care possible” at its facilities, and, indeed, in numerous instances had failed to provide even basic care, meet minimum standards in the child care industry, or comply with the laws and regulations governing the care of children; and (c) that, as a result of (a)-(b) above, KinderCare was exposed to a material, undisclosed risk of lawsuits, adverse regulatory action, negative publicity, reputational damage, and business loss.
What Now: You may be eligible to participate in the class action against KinderCare Larning Companies, Inc. Shareholders who want to serve as lead plaintiff for the class must file their papers with the court by October 14, 2025. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, clickhere.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLPhave been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
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