Law Offices of Howard G. Smith Announces Lead Plaintiff Deadline In The Class Action Lawsuit Against K12 Inc.

Law Offices of Howard G. Smith announces that all persons or entities who purchased the common stock of K12 Inc. (“K12” or the “Company”) (NYSE: LRN) between September 9, 2009 and December 16, 2011, inclusive (the “Class Period”), have until April 2, 2012, to move the Court to serve as Lead Plaintiff in the securities fraud class action lawsuit filed in the United States District Court for the Eastern District of Virginia.

K12 offers proprietary curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade. The Complaint alleges that defendants misrepresented or failed to disclose material adverse facts about the Company's business, operations and prospects, including that: (i) the Company had engaged in improper and deceptive recruiting and sales strategies, aimed at enrolling students regardless of their ability to successfully complete the curriculum; (ii) the Company failed to disclose administrative pressure from upper management to pass students, despite poor or nonexistent academic performance, so as to maintain high enrollment levels and continued government payments; (iii) the Company failed to maintain its students' math and reading performance at statewide grade-level performance; and (iv), as a result of the foregoing, defendants' statements regarding the Company's empirical academic performance, financial performance, and business and financial prospects were false and misleading and lacked a reasonable basis.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased K12 common stock between September 9, 2009 and December 16, 2011, you have certain rights, and have until April 2, 2012, to move for lead plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.