Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 2, 2012 to file lead plaintiff applications in a securities class action lawsuit against K12, Inc. ("K12" or the "Company") (NYSE: LRN - News), if they purchased the Company's common stock during the period between September 9, 2009 and December 16, 2011, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Eastern District of Virginia.

What You May Do

If you purchased shares of K12 and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, e-mail or call KSF Managing Partner, Lewis Kahn (lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or via cell phone any time at 504-301-7900, or KSF Director of Client Relations, Neil Rothstein, Esq. (neil.rothstein@ksfcounsel.com), toll free at 877-694-9510, or via cell phone any time at 330-860-4092. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by April 2, 2012. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

About the Lawsuit

K12 and certain of its senior executives are charged with issuing a series of materially false and misleading statements in violation of Section 10(b) and 20(a) of the Exchange Act and Rule 10b-5 promulgated thereunder. Specifically, the complaint charges that, throughout the Class Period, defendants knew or recklessly disregarded, but failed to reveal that (i) the Company had engaged in improper and deceptive recruiting and sales strategies; (ii) the Company pressured teachers to pass students despite poor (or nonexistent) academic performance, in an effort to artificially inflate enrollment levels; and (iii) the Company failed to maintain overall math and reading performance levels. The Complaint charges that K12 violated provisions of the Exchange Act during the Class Period by issuing false and misleading press releases, financial statements, and filings with the Securities and Exchange Commission, among other false statements.

It was only on December 12, 2011, the end of the Class Period, however, that investors learned the truth about K12's operations after The New York Times released an article titled "Profits and Questions at Online Charter Schools" chronicling a myriad of improper practices at K12's main virtual charter schools. Following the publication of the NYT report, the price of K12 stock collapsed over 34%, or almost $10.00 per share, to close at just below $19.00 per share, the following trading day, on unusually heavy trading volume.

About Kahn Swick & Foti, LLC

KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities class action and shareholder derivative litigation with offices in New York and Louisiana. KSF's lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders.

To learn more about KSF, you may visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner, 877-515-1850
or after hours via cell phone 504-301-7900
lewis.kahn@ksfcounsel.com