SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against K12, Inc. and Reminds Investors with Losses to Contact the Firm

August 29, 2016

LOS ANGELES, CA / ACCESSWIRE / August 29, 2016 / Lundin Law PC (the “Firm”) announces a class action lawsuit has been filed against K12, Inc. (“K12” or the “Company”) (LRN) concerning possible violations of federal securities laws between November 7, 2013 and October 27, 2015 (the “Class Period”). Investors, who purchased or otherwise acquired shares during the Class Period, should contact the Firm in advance of the September 19, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the complaint, K12 issued false and misleading statements and/or failed to disclose: that the Company published misleading advertisements about students’ academic progress, parent satisfaction, graduates’ eligibility for admission into the University of California and California State University, class sizes, the individualized and flexible nature of K12’s instruction, hidden costs, and the quality of the materials provided to students; that the Company submitted inflated student attendance numbers to the California Department of Education in order to receive additional funding; that K12 was open to potential civil and criminal liability due to these practices; that K12 would likely be forced to end these practices, which would have a negative impact on its operations and prospects; and as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. When this information was released to the public, shares of K12 dropped in value, causing investors harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC Brian Lundin, Esq. Telephone: 888-713-1033 Facsimile: 888-713-1125 brian@lundinlawpc.com http://lundinlawpc.com/

SOURCE: Lundin Law PC

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INVESTOR ALERT: Investigation of K12 Inc. Announced by Law Offices of Howard G. Smith

August 03, 2016 10:30 AM Eastern Daylight Time

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of
investors of K12 Inc. (“K12” or the “Company”) (NYSE: LRN)
concerning the Company and its officers’ possible violations of federal
securities laws.

online charter schools had significantly weaker academic
performance in math and reading, compared with their counterparts in
conventional schools.”

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On October 27, 2015, Stanford’s Center for Research on Education
Outcomes (“CREDO”) published a study concerning online charter schools
that specifically mentioned K12. Based on their findings, CREDO stated
that “online charter schools had significantly weaker academic
performance in math and reading, compared with their counterparts in
conventional schools.” Additionally, that same day, K12 revealed that it
had received a civil investigative subpoena from the Attorney General of
California on September 24, 2015.

Over the next three days, K12’s stock price fell $0.54 per share, over
5%, to close at just $9.71 on October 30, 2015.

If you purchased K12 securities, have information or would like to learn
more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by
telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com,
or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com

Law Offices of Howard G. Smith

Release Summary

INVESTOR ALERT: Investigation of K12 Inc. Announced by Law Offices of Howard G. Smith

Contacts

Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com

STEVENSON, Md., Feb 07, 2014 (GLOBE NEWSWIRE via COMTEX) –Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Eastern District of Virginia on behalf of purchasers of K12, Inc. (“K12” or the “Company”) LRN -0.59% common stock during the period between March 11, 2013 and October 9, 2013, inclusive (the “Class Period”).

If you have suffered a net loss from investment in K12, Inc. common stock purchased on or after March 11, 2013 and held through the revelation of negative information on October 8, 2014, as described below, you may obtain additional information about this lawsuit and your ability to become a lead plaintiff, at no cost to you, by contacting Brower Piven at www.browerpiven.com, by email at hoffman@browerpiven.com, by calling 410/415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and class action cases of over 60 years.

No class has yet been certified in the above action. Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. If you wish to choose counsel to represent you and the Class, you must apply to be appointed lead plaintiff no later than April 1, 2013 and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement and how much of a settlement to accept for the Class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Company units during the Class Period.

The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants’ failure to disclose during the Class Period that, contrary to the Company’s statement that it was on track to have one of its best business development years, the Company’s growth prospects were limited and impeded by the Company’s failure to timely invest in promotional efforts to enroll new students in fiscal 2014 and that the Company failed to consider and adhere to legal compliance requirements affecting student enrollment in fiscal 2014. According to the complaint, following the Company’s revelation on October 8, 2014 that the Company failed to appropriately consider increased compliance requirements that were applicable in certain states in the fiscal 2014 enrollment season and that fiscal 2014 revenue guidance was substantially lower than had been endorsed by the Company only weeks earlier, the value of K12 shares declined significantly.

If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.

        CONTACT: Charles J. Piven                 Brower Piven, A Professional Corporation                 Stevenson, Maryland                 410/415-6616                 hoffman@browerpiven.com        

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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of K12 Inc. – LRN – WSJ.com

    NEW YORK, Feb. 4, 2014 /PRNewswire/ – Pomerantz LLP is investigating claims on behalf of investors of K12, Inc. (“K12” or the “Company”)(NYSE: LRN). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 237.

    The investigation concerns whether K12 and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

    On October 8, 2013, K12 announced that, its growth prospects were limited and impeded by the Company’s failure to timely invest in promotional efforts to enroll new students in fiscal 2014. As the Company disclosed, K12’s “own promotional program started later than it should have, and drove more applications later in the summer” when it was too late to convert them into student enrollments. In addition, K12’s growth prospects were hampered by the Company’s failure to conform to legal and regulatory requirements affecting student enrollment in fiscal 2014.

    Additionally, K12 filed a Form 8-K with the Securities and Exchange Commission (“SEC”), which included a press release disclosing that K12’s actual fiscal 2014 revenue guidance was $905-$925 million, lower than expected estimates of $986.8 million.

    On this news, shares of K12 fell $10.99 per share to $17.60, or more than 38.44%, on October 9, 2013.

    The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

    CONTACT:

    Robert S. Willoughby

    Pomerantz LLP

    rswilloughby@pomlaw.com

    SOURCE Pomerantz LLP

    /Web site: http://www.pomerantzlaw.com

    
    

    The Wall Street Journal news department was not involved in the creation of this content.

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Class Action Involving K12, INC. and Its Board of Directors and a Deadline of April 1, 2014 to Seek a Lead Plaintiff Position — LRN – MarketWatch

    NEW YORK, Feb 04, 2014 (BUSINESS WIRE) –Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the Eastern District of Virginia on behalf of investors who purchased K12, Inc. (“K12” or the “Company”) LRN -4.55% common stock between March 11, 2013 and October 9, 2013.

    Click here to learn more about the action http://zlk.9nl.com/k12, or call: 877-363-5972. There is no cost or obligation to you.

    The complaint alleges that Defendants issued materially false and misleading statements and/or failed to disclose material information regarding the Company’s student enrollment and revenue growth prospects for fiscal year 2014.

    On October 8, 2013, the Company disclosed information contrary to its prior positive statements regarding the fiscal outlook for 2014. In particular, K12 disclosed that the Company’s growth prospects were, in fact, limited and impeded by: a) the Company’s failure to timely invest in promotional efforts to enroll new students; and b) failure to consider and adhere to legal compliance requirements affecting student enrollment.

    If you suffered a loss in K12 you have until April 1, 2014 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at  jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/k12.

    Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

    SOURCE: Levi & Korsinsky, LLP

    Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky, Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax: 866-367-6510 www.zlk.com

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