The Wagner Firm and Bragar Eagel & Squire, P.C. announce the filing of a class action lawsuit in the United States District Court for the Northern District of California on behalf of persons and entities that acquired K12 Inc. (“K12” or the “Company”) (NYSE: LRN) securities between October 10, 2013 and October 27, 2015, inclusive (the “Class Period”). K12 investors have until September 19, 2016 to file a lead plaintiff motion.

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (1) that K12 was publishing misleading advertisements about students’ academic progress, parent satisfaction, their graduates’ eligibility for University of California and California State University admission, class sizes, the individualized and flexible nature of K12’s instruction, hidden costs, and the quality of the materials provided to students; (2) that, as a result of the aforementioned practices, demand for the Company’s products and services was declining; (3) that K12 submitted inflated student attendance numbers to the California Department of Education in order to collect additional funding; (4) that, as a result of the aforementioned practices, the Company was open to potential civil and criminal liability; (5) that the Company would likely be forced to end these practices, which would have a negative impact on K12’s operations and prospects, and/or that K12 was, in fact, ending the practices; and (6) that, as a result of the foregoing, Defendants’ statements about K12’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

K12 investors have until September 19, 2016 to move the Court to request to be appointed lead plaintiff. If you 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 Avi Wagner, Esquire, of The Wagner Firm, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 491-7949, by e-mail at info@thewagnerfirm.com, or visit our website at www.thewagnerfirm.com. Alternatively, please contact Todd Henderson, Esquire, of Bragar Eagel & Squire, P.C., 885 3rd Avenue, Suite 3040, New York, New York 10022, at (212) 308-5858, by e-mail at henderson@bespc.com, or visit www.bespc.com for more information.

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

The Wagner Firm, Los Angeles, CAAvi Wagner, 310-491-7949info@thewagnerfirm.comwww.thewagnerfirm.comorBragar Eagel & Squire, P.C., New York, NYTodd Hendersonhenderson@bespc.comwww.bespc.com

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