The Klein Law Firm announces that a class action complaint has been filed on behalf of investors who purchased Care.com, Inc. (NYSE: CRCM) shares between March 27, 2015 and April 1, 2019. The action, which was filed in the United States District Court for the District of Massachusetts, alleges that the Company violated federal securities laws.
According to the complaint, the Company made materially false and/or misleading statements and/or failed to disclose material adverse facts concerning the manner in which the Company vets caregivers and daycare providers listed on its website.
Investors have until June 3, 2019 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
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