KinderCare Securities Suit Reaches Oct. 14 Lead-Plaintiff Deadline
The Oregon case centers on claims that KinderCare’s 2024 IPO filing concealed child‑care safety risks, with allegations not yet proven.
Overview
- Investors who bought KinderCare stock in or traceable to the October 2024 IPO have until October 14, 2025 to move for lead‑plaintiff status.
- The case is Gollapalli v. KinderCare Learning Companies, Inc., No. 3:25‑cv‑01424, in the U.S. District Court for the District of Oregon.
- Plaintiffs assert Securities Act claims under Sections 11 and 15 against the company, certain officers and directors, its controlling shareholder, and IPO underwriters.
- Filings allege the registration statement failed to disclose incidents of child abuse and neglect, substandard care, and related legal and regulatory risks.
- Law firm notices cite April–June 2025 reports as catalysts and note the stock’s drop from the $24 IPO price to lows near $9, while multiple firms are soliciting class members.