KIND - MONDAY DEADLINE: Berger Montague Advises Nextdoor Holdings (NYSE: KIND) Investors to Inquire About a Securities Fraud Class Action by April 29 2024 | Benzinga

PHILADELPHIA, April 26, 2024 (GLOBE NEWSWIRE) -- Berger Montague advises investors that a securities fraud class action lawsuit has been filed against Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II ("Nextdoor" or the "Company") (NYSE:KIND) on behalf of purchasers of Nextdoor's securities between July 6, 2021 and November 8, 2022, inclusive (the "Class Period").

Investor Deadline: Investors who purchased or acquired Nextdoor securities during the Class Period may, no later than April 29, 2024, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation, please contact Berger Montague: James Maro at jmaro@bm.net or (267) 637-3176, or Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015 or CLICK HERE.

Nextdoor operates a hyper-local online social networking platform that connects neighbors, businesses, and government agencies. The Company was created through the November 5, 2021 merger (the "Merger") of privately-held Nextdoor, Inc. and a publicly traded special purpose acquisition company (SPAC) known as Khosla Ventures Acquisition Co. II.

According to the complaint, during the Class Period, defendants misrepresented and/or failed to disclose that: (i) Nextdoor's financial results prior to the Merger had been inflated by the short-term effects of the COVID-19 pandemic, which had pulled forward demand for Nextdoor's platform and cannibalized future advertising revenue ...

KIND) Investors to Inquire About a Securities Fraud Class Action by April 29, 2024>Full story available on Benzinga.com