{"id":389679,"date":"2020-11-30T10:03:31","date_gmt":"2020-11-30T15:03:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=389679"},"modified":"2020-11-30T10:03:31","modified_gmt":"2020-11-30T15:03:31","slug":"lrn-investor-alert-bronstein-gewirtz-grossman-llc-notifies-k12-inc-shareholders-of-class-action-and-lead-plaintiff-deadline-january-19-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lrn-investor-alert-bronstein-gewirtz-grossman-llc-notifies-k12-inc-shareholders-of-class-action-and-lead-plaintiff-deadline-january-19-2021\/","title":{"rendered":"LRN Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies K12 Inc. Shareholders of Class Action and Lead Plaintiff Deadline: January 19, 2021"},"content":{"rendered":"
\n

NEW YORK, Nov. 30, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against K12 Inc. (“K12” or “the Company”) (NYSE: LRN) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired K12 securities between\u00a0April 27, 2020 and September 18, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/lrn<\/a>.\u00a0 \u00a0<\/p>\n

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.<\/p>\n

The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) K12 lacked the technological capabilities, infrastructure, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (2) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer systems; (3) K12 was unable to provide the necessary levels of administrative support and training to teachers, students, and parents; (4) and K12\u2019s officers lacked a reasonable basis for their positive statements about the Company\u2019s business, operations, and prospects.<\/p>\n

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: www.bgandg.com\/lrn<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in K12 you have until January 19, 2021 to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com<\/a><\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 30, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against K12 Inc. (“K12” or “the Company”) (NYSE: LRN) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired K12 securities between\u00a0April 27, 2020 and September 18, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/lrn.\u00a0 \u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to … <\/p>\n

Continue reading “LRN Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies K12 Inc. Shareholders of Class Action and Lead Plaintiff Deadline: January 19, 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-389679","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLRN Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies K12 Inc. 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