LOS ANGELES, March 20, 2026 (GLOBE NEWSWIRE) — The Portnoy Regulation Company advises Brilliant Horizons Circle of relatives Answers, (“Brilliant Horizons” or the “Corporate”) (NYSE:BFAM) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
Bright Horizons’ stock price fell $14.93, or 18.25%, to $66.90 on February 13, 2026, thereby injuring investors. This decline followed the Company’s February 12, 2026, announcement of fourth quarter 2025 results, which included a 25% drop in net income to $22 million and a 24% decrease in diluted earnings per common share to $0.38. Management attributed these results largely to $14.8 million in lease termination and impairment costs stemming from facility closures. Furthermore, the Company revealed plans for “45 to 50 or so closures” in 2026, a significant increase from its previous forecast of “25 to 30 or so centers.”
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
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