Core Viewpoint - Stride, Inc. is facing a class action lawsuit due to allegations of fraud and deceptive practices related to inflated enrollment numbers and compliance violations, which have significantly impacted its stock price and investor confidence [2][5]. Group 1: Allegations and Impact - The Gallup-McKinley County Schools Board of Education filed a complaint against Stride, alleging fraud and deceptive trade practices, including the retention of "ghost students" to inflate enrollment numbers for state funding [2]. - Following the allegations, Stride's stock price dropped by $18.60, or 11.7%, closing at $139.76 per share on September 15, 2025 [3]. - Stride's first quarter fiscal 2026 results revealed intentional limitations on enrollment growth and systemic issues, leading to a further stock price decline of $83.48, or 54.4%, closing at $70.05 per share on October 29, 2025 [4]. Group 2: Class Action Details - The class action lawsuit claims that Stride made materially false and misleading statements, failing to disclose critical issues such as inflated enrollment numbers, staffing cost cuts, and non-compliance with legal requirements [5]. - Investors who purchased Stride securities during the class period (October 22, 2024, to October 28, 2025) have until January 12, 2026, to file a lead plaintiff motion in the lawsuit [1][6].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Stride, Inc. for alleged violations of federal securities laws, encouraging affected investors to contact them regarding their legal options [4][6]. Group 1: Allegations Against Stride, Inc. - The complaint alleges that Stride and its executives made false and misleading statements about the company's products and services, inflating enrollment numbers and cutting staff costs beyond statutory limits [6]. - A report from Gallup-McKinley County Schools Board of Education accused Stride of fraud and deceptive practices, including retaining "ghost students" to secure state funding [7]. - Following these allegations, Stride's stock price dropped significantly, falling $18.60 (11.7%) to close at $139.76 per share on September 15, 2025 [8]. Group 2: Financial Performance and Impact - On October 28, 2025, Stride reported first-quarter fiscal 2026 results, indicating a deliberate limitation on enrollment growth and issues with system implementation, leading to 10,000 to 15,000 fewer enrollments [9]. - The announcement of these challenges caused Stride's stock price to plummet by as much as 51% during intraday trading on October 29, 2025 [9]. Group 3: Legal Proceedings - Investors have until January 12, 2026, to seek the role of lead plaintiff in the federal securities class action against Stride [4]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [10].

Core Insights - Stride, Inc. (LRN) experienced an 11.3% enrollment growth in Q1 of fiscal 2026, with Career Learning enrollments increasing by 20% and General Education enrollments rising by 5.2% [1][8] - The company's diversified offerings in career learning, particularly in healthcare, IT, and advanced manufacturing, are enhancing its growth prospects as the market shifts towards virtual and career-oriented education [1][4] - However, technical disruptions in its platforms have led to a projected loss of 10,000-15,000 enrollments for fiscal 2026, resulting in a muted outlook despite positive growth trends [3][8] Enrollment and Growth - The 11.3% enrollment growth is primarily driven by a significant 20% increase in Career Learning enrollments [1][8] - General Education enrollments also saw a modest improvement of 5.2% [1] Technical Challenges - Stride has faced technical issues since August 2025, leading to withdrawals from its platforms and a poor customer experience, which negatively impacted conversion rates [2][3] - The company is actively working to resolve these technical challenges, with expectations for major improvements in the coming months [3][4] Market Performance - Stride's stock has declined by 60.8% over the past three months, underperforming compared to the Zacks Schools industry and the broader market [5][8] - Competitors like Strategic Education, Inc. and American Public Education, Inc. are also in the market, with Strategic Education's shares down 3% and American Public Education's shares up 13.8% in the same period [6] Valuation and Earnings Estimates - LRN's stock is currently trading at a forward 12-month P/E ratio of 7.66, which is lower than its competitors, Strategic Education at 12.14 and American Public Education at 17.05 [9][10] - Earnings estimates for fiscal 2026 and 2027 have been revised downwards by 4.8% and 8.3%, respectively, due to ongoing concerns and a muted enrollment outlook [11][12]

SAN DIEGO, Nov. 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Stride, Inc. (NYSE: LRN) securities between October 22, 2024 and October 28, 2025, inclusive (the “Class Period”), have until January 12, 2026 to seek appointment as lead plaintiff of the Stride class action lawsuit. Captioned MacMahon v. Stride, Inc., No. 25-cv-02019 (E.D. Va.), the Stride class action lawsuit charges Stride as well as certain of Stride’s top executives wi ...

LOS ANGELES, Nov. 20, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Stride, Inc., (“Stride” or the "Company") (NYSE: LRN) investors off a class action on behalf of investors that bought securities between October 22, 2024 and October 28, 2025, inclusive (the “Class Period”). Stride investors have until January 12, 2026 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Stride, Inc. regarding a class action lawsuit due to allegations of misleading practices and financial misconduct [1][2]. Allegations Against Stride, Inc. - Allegations include inflating enrollment numbers by retaining "ghost students" [1] - The company is accused of cutting staffing costs by assigning teachers caseloads beyond statutory limits [1] - Stride allegedly ignored compliance requirements, including background checks and licensure laws for employees, and failed to provide federally mandated special education services [1] - There are claims of suppressing whistleblowers who documented directives to delay hiring and deny services to maintain profit margins [1] - The company reportedly lost existing and potential enrollments as a result of these practices [1] Class Action Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025 [1] - Shareholders are encouraged to register by January 12, 2026, to participate in the class action [2] - Registration allows shareholders to receive updates on the case through portfolio monitoring software [2]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Stride, Inc. due to allegations of securities law violations, urging affected investors to contact them before the January 12, 2026 deadline for lead plaintiff applications in a federal class action lawsuit [2][5]. Group 1: Allegations Against Stride, Inc. - The complaint alleges that Stride and its executives made false or misleading statements and failed to disclose critical information regarding their products and services to educational institutions [5]. - Stride is accused of inflating enrollment numbers, cutting staff costs excessively, ignoring compliance requirements, and losing both existing and potential enrollments [5]. - A report indicated that the Gallup-McKinley County Schools Board of Education filed a complaint against Stride for fraud and deceptive practices, including retaining "ghost students" to secure state funding [6]. Group 2: Stock Price Impact - Following the allegations, Stride's stock price dropped by $18.60, or 11.7%, closing at $139.76 per share on September 15, 2025, impacting investors negatively [7]. - On October 28, 2025, Stride reported a limitation in enrollment growth and issues with system implementation, leading to a significant drop in enrollments by approximately 10,000 to 15,000 [8]. - The stock price fell as much as 51% during intraday trading on October 29, 2025, further injuring investors [8].

NEW YORK, Nov. 19, 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=177918&from=3 CLASS PERIOD: October 22, 2024 to Oct ...

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contact Us:The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz, Telephone: 310-914-5007Email: [email protected]Visit our website at: www.frankcruzlaw.com SOURCE The Law Offices of Frank R. Cruz, Los Angeles Accessibility StatementSkip Navigation LOS ANGELES, Nov. 19, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Stride, In ...

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, following significant stock drops attributed to alleged violations of federal securities laws [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [4]. 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 [4][5]. 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 [5]. - On October 28, 2025, Stride admitted to issues with customer experience, resulting in an estimated 10,000-15,000 fewer enrollments, causing the stock to plummet by $83.48, or more than 54%, from $153.53 to $70.05 per share [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]. Investor Actions - Investors are encouraged to submit their information to the law firm representing the class action, with no upfront costs for shareholders [8].