Attention KinderCare Investors: Legal Action Looms as Former AG Urges Claimants with $100k+ Losses to Step Forward
New Orleans, Louisiana — Former Louisiana Attorney General Charles C. Foti Jr. has issued a reminder to investors who have lost more than $100,000 in KinderCare Education, urging them to consider joining a class action lawsuit against the company. The deadline for investors wishing to serve as lead plaintiffs is approaching. Investors who purchased shares before the company’s initial public offering (IPO) in May and between May 15, 2020, and October 6, 2022, may be eligible to participate in the legal proceedings. The class action alleges that KinderCare misled investors regarding its financial stability and … Read more