{"id":875224,"date":"2025-08-13T10:54:50","date_gmt":"2025-08-13T14:54:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-kindercare-learning-companies-inc-klc\/"},"modified":"2025-08-13T10:54:50","modified_gmt":"2025-08-13T14:54:50","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-kindercare-learning-companies-inc-klc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-kindercare-learning-companies-inc-klc\/","title":{"rendered":"Gainey McKenna & Egleston Announces\u00a0a Class\u00a0Action Lawsuit Has Been Filed Against KinderCare Learning Companies, Inc. (KLC)"},"content":{"rendered":"
\n

NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Oregon on behalf of all persons or entities who purchased the securities of KinderCare Learning Companies, Inc. (\u201cKinderCare\u201d or the \u201cCompany\u201d) (NYSE: KLC) in its October 2024 initial public offering (the \u201cIPO\u201d).<\/p>\n

The Complaint alleges that Defendants made materially false and misleading statements because they failed to disclose the following adverse facts that existed at the time of the IPO: (i) that numerous incidents of child abuse, neglect, and harm had occurred at KinderCare facilities; (ii) that KinderCare did not provide the \u201chighest quality care possible\u201d 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 (iii) that, as a result of (i)-(iii) above, KinderCare was exposed to a material, undisclosed risk of lawsuits, adverse regulatory action, negative publicity, reputational damage, and business loss.<\/p>\n

The Complaint further alleges that since the IPO, the price of KinderCare stock has fallen to lows near $9 per share \u2013 substantially less than half the $24 per share IPO price.<\/p>\n

Investors who purchased or otherwise acquired shares of KinderCare should contact the Firm prior to the October 14, 2025 <\/em><\/strong>lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.\u00a0 If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com<\/u><\/a> or gegleston@gme-law.com<\/u><\/a>.<\/p>\n

Please visit our website at http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n

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

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

NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Oregon on behalf of all persons or entities who purchased the securities of KinderCare Learning Companies, Inc. (\u201cKinderCare\u201d or the \u201cCompany\u201d) (NYSE: KLC) in its October 2024 initial public offering (the \u201cIPO\u201d). The Complaint alleges that Defendants made materially false and misleading statements because they failed to disclose the following adverse facts that existed at the time of the IPO: (i) that numerous incidents of child abuse, neglect, and harm had occurred at KinderCare facilities; (ii) that KinderCare did not provide the \u201chighest quality care possible\u201d at its … <\/p>\n

Continue reading “Gainey McKenna & Egleston Announces\u00a0a Class\u00a0Action Lawsuit Has Been Filed Against KinderCare Learning Companies, Inc. (KLC)”<\/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-875224","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGainey McKenna & Egleston Announces\u00a0a Class\u00a0Action Lawsuit Has Been Filed Against KinderCare Learning Companies, Inc. 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