Expired
Lead Plaintiff Deadline
Jan 19, 2021
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(i) K12 lacked the technological capabilities, infrastructures, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic; (ii) K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer system; (iii) K12 was unable provide the necessary levels of administrative support and training to teachers, students, and parents; and (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company’s business, operations, and prospects and/or lacked a reasonable basis and omitted facts.
In order to be eligible to join the LRN class action lawsuit, you must have incurred a loss on shares of K12 purchased during the class period listed above.
If you suffered a loss in K12 during the relevant time frame or pursuant to the relevant offering(s), you have until January 19, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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