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Press Release
hsmith@howardsmithlaw.comThis investigation is for anyone who acquired securities in Bright Horizons Family Solutions, Inc. (NYSE: BFAM) prior to February 12, 2026.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company was experiencing a recovery in under-enrolled facilities when it was not experiencing such a recovery.
On February 12, 2026, Bright Horizons reported fourth quarter 2025 results, disclosing, among other things, net income of $22 million and diluted earnings per common share of $0.38, decreases of 25% and 24%, respectively, primarily due to $14.8 million in impairment and lease termination costs related to facility closures. The Company also announced it expected “45 to 50 or so closures” in 2026, nearly double its prior estimate of “25 to 30 or so centers.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Bright Horizons Family Solutions, Inc. (NYSE: BFAM) prior to February 12, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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