San Diego, CA -- (SBWire) -- 01/18/2021 --The Shareholders Foundation announced that a deadline is coming up on January 19, 2021 in the lawsuit filed for certain investors of K12 Inc. (NYSE: LRN).
Investors who purchased shares of K12 Inc. (NYSE: LRN) have certain options and there are strict and short deadlines running. Deadline: January 19, 2021. NYSE: LRN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of K12 Inc. (NYSE: LRN) common shares between April 27, 2020 to September 18, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 27, 2020 to September 18, 2020, K12 made false and misleading statements to the public and failed to disclose that K12 lacked the technological capabilities, infrastructure, and expertise to support the increased demand for virtual and blended education necessitated by the global pandemic, that K12 lacked adequate cyberattack protocols and protections to prevent the disabling of its computer systems, that K12 was unable to provide the necessary levels of administrative support and training to teachers, students, and parents, and that K12's officers lacked a reasonable basis for their positive statements about the Company's business, operations, and prospects.
Those who purchased shares of K12 Inc. (NYSE: LRN) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
K12 Inc. (NYSE:LRN) Shareholder Notice: Deadline in Lawsuit on January 19, 2021
A Deadline is coming up on January 19, 2021 in the lawsuit for certain investors in K12 Inc. (NYSE:LRN).