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Investors in Stride, Inc. Should Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights - LRN
Prnewswire· 2025-12-23 14:00
Core Viewpoint - A class action securities lawsuit has been filed against Stride, Inc. for alleged securities fraud affecting investors between October 22, 2024, and October 28, 2025 [1] Group 1: Allegations Against Stride - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" [2] - It is alleged that Stride cut staffing costs by assigning teachers' caseloads beyond statutory limits [2] - The company is accused of ignoring compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [2] - Whistleblowers who documented financial directives from Stride's leadership were reportedly suppressed to delay hiring and deny services, preserving profit margins [2] - The lawsuit also states that Stride lost existing and potential enrollments due to these practices [2] Group 2: Legal Process and Participation - Investors who suffered losses during the relevant time frame have until January 12, 2026, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the U.S. [4]
LRN INVESTORS: Stride, Inc. Stock Drops 50% after Low Enrollments Announced – Contact BFA Law by January 12 Securities Class Action Deadline
Globenewswire· 2025-12-23 13:36
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 12, 2026, to request to lead the case, which is pending in the U.S. District Court for the Eastern District of Virginia [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Stride securities [2]. Group 2: Allegations Against Stride - Stride, an education technology company, allegedly inflated enrollment numbers by retaining "ghost students" and ignored compliance requirements, leading to poor customer experiences and higher withdrawal rates [3]. - The company claimed to be experiencing growth and strong demand, which is contradicted by the allegations of inflated enrollment figures and compliance failures [3]. Group 3: Stock Price Impact - On September 14, 2025, a report of the fraud allegations caused Stride's stock to drop by $18.60, or over 11%, from $158.36 to $139.76 per share [4]. - Following Stride's admission of poor customer experience on October 28, 2025, the stock plummeted by $83.48, or more than 54%, from $153.53 to $70.05 per share, with an estimated impact of 10,000-15,000 fewer enrollments [5].
Shareholders of Stride, Inc. Should Contact The Gross Law Firm Before January 12, 2026 to Discuss Your Rights – LRN
Globenewswire· 2025-12-22 20:50
NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Stride, Inc. (NYSE: LRN). Shareholders who purchased shares of LRN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stride-inc-loss-submission-form-3/?id=180998&from=3 CLASS PERIOD: October 22, 2024 to Oct ...
CLASS ACTION REMINDER: Berger Montague Advises Stride, Inc. (LRN) Investors to Inquire About a Securities Fraud Lawsuit by January 12, 2026
TMX Newsfile· 2025-12-22 17:23
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. on behalf of investors who purchased its securities during the specified Class Period from October 22, 2024, to October 28, 2025 [1] Group 1: Lawsuit Details - The lawsuit is initiated by the national plaintiffs' law firm Berger Montague PC [1] - Investors have until January 12, 2026, to seek appointment as lead plaintiff representative of the class [2] Group 2: Company Background - Stride, Inc. is based in Reston, Virginia, and provides online and blended education services to schools and school districts across the United States [2] Group 3: Recent Developments - On September 14, 2025, a school district sued Stride for fraud and deceptive trade practices [3] - On October 28, 2025, Stride announced that "poor customer experience" led to higher withdrawal rates and fewer enrollments, which negatively impacted its share price [3]
STRIDE LAWSUIT: Stride, Inc. (LRN) Hit with Securities Class Action after 50% Stock Drop, Contact BFA Law if You Suffered Losses
TMX Newsfile· 2025-12-22 12:18
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform to students across the U.S. [4]. Allegations and Stock Impact - The lawsuit alleges that Stride inflated enrollment numbers by retaining "ghost students," ignored compliance requirements, and had a poor customer experience leading to higher withdrawal rates and lower conversion rates [4]. - On September 14, 2025, a report of fraud and deceptive practices caused Stride's stock to drop by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48 per share, more than 54%, from $153.53 to $70.05 [6]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [3]. - The lawsuit is titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. Legal Representation - Bleichmar Fonti & Auld LLP is representing the plaintiffs in this class action and has a strong track record in securities class actions [8].
The Gross Law Firm Reminds Stride, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 - LRN
Prnewswire· 2025-12-22 09:00
Core Viewpoint - Stride, Inc. is facing allegations of fraudulent practices, including inflating enrollment numbers and neglecting compliance requirements, leading to a class action lawsuit by shareholders [1][2]. Group 1: Allegations Against Stride, Inc. - The complaint alleges that Stride inflated enrollment numbers by retaining "ghost students" [1]. - It is claimed that Stride cut staffing costs by assigning teachers caseloads beyond statutory limits [1]. - The company allegedly ignored compliance requirements, including background checks and special education services [1]. - Whistleblowers reported that Stride's leadership directed financial practices to delay hiring and deny services to maintain profit margins [1]. - The actions reportedly resulted in a loss of existing and potential enrollments [1]. Group 2: Class Action Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially become lead plaintiffs [2]. - Participants will receive updates through a portfolio monitoring software once registered [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions by companies [3].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Stride
Businesswire· 2025-12-21 14:54
NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Stride, Inc. ("Stride†or the "Company†) (NYSE: LRN). Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. On September 14, 2025, Simply Wall St. published a report stating that the Gallup-Mc ...
LRN COURT REMINDER: Stride, Inc. Securities Fraud Deadline Approaching – Contact BFA Law before January 12
Globenewswire· 2025-12-21 11:54
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][2]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [3]. Allegations - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students," failed to comply with employee background checks and licensure laws, and provided a poor customer experience leading to higher withdrawal rates and lower conversion rates [3][4]. Stock Performance - On September 14, 2025, Stride's stock dropped by $18.60, or over 11%, from $158.36 to $139.76 per share following the fraud allegations [4]. - On October 28, 2025, Stride acknowledged that poor customer experience led to an estimated 10,000-15,000 fewer enrollments, causing its stock to plummet by $83.48, or more than 54%, from $153.53 to $70.05 per share [5]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [2].
LRN SHAREHOLDERS: Stride, Inc. Class Action Deadline is Approaching, Investors Notified to Contact BFA Law by January 12
TMX Newsfile· 2025-12-20 11:17
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019, and investors have until January 12, 2026, to seek lead plaintiff status [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Stride securities [3]. Group 2: Allegations Against Stride - Stride, an education technology company, is accused of inflating enrollment numbers by retaining "ghost students," neglecting compliance requirements, and providing a poor customer experience, leading to higher withdrawal rates and lower conversion rates [4]. - The company claimed to be experiencing growth and strong demand, which is now challenged by the allegations of misleading statements [4]. Group 3: Stock Performance Impact - Following the fraud allegations reported on September 14, 2025, Stride's stock dropped by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - On October 28, 2025, Stride acknowledged that poor customer experience led to an estimated 10,000-15,000 fewer enrollments, resulting in a further stock decline of $83.48 per share, over 54%, from $153.53 to $70.05 [6].
Did You Lose Money in Stride, Inc.? Contact Robbins LLP for Information About Your Rights Against LRN.
Businesswire· 2025-12-19 20:11
Core Viewpoint - Stride, Inc. (NYSE: LRN) is facing a class action lawsuit for allegedly misleading investors regarding its operations and performance during the specified class period from October 22, 2024, to October 28, 2025 [1] Company Overview - Stride, Inc. is a technology company that provides an education platform aimed at delivering online learning to students across the United States [1] Legal Context - A class action has been filed on behalf of all investors who purchased or acquired Stride shares during the class period, indicating potential legal challenges for the company [1]