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Investors who lost money on Stride, Inc.(LRN) should contact The Gross Law Firm about pending Class Action - LRN
Prnewswire· 2025-11-20 13:45
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]
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Stride
Newsfile· 2025-11-19 23:29
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].
Investors in Stride, Inc. Should Contact The Gross Law Firm Before January 12, 2026 to Discuss Your Rights – LRN
Globenewswire· 2025-11-19 21:45
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 ...
Stride, Inc. (LRN) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-11-19 21:02
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 ...
LRN LAWSUIT: Stride, Inc. Investors are Notified to Contact BFA Law about the Filed Securities Fraud Class Action and Important January 12 Deadline
Newsfile· 2025-11-19 20:36
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].
ATTENTION NYSE: LRN INVESTORS: Contact Berger Montague About a Stride, Inc. Class Action Lawsuit
Prnewswire· 2025-11-19 18:11
According to the complaint, the Company misrepresented the performance and integrity of its products and services during the Class Period. The lawsuit claims Stride overstated enrollment figures, reduced staff costs beyond legal limits, failed to meet compliance standards, and lost key enrollments—all while assuring investors of its commitment to personalized learning. When the alleged issues became known, the Company's stock price declined, causing investor losses. If you are a Stride investor and would l ...
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Stride, Inc. (NYSE: LRN)
Globenewswire· 2025-11-19 15:32
NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN) between October 22, 2024 and October 28, 2025, inclusive. Should You Join This Class Action Lawsuit? Do you, or did you, own shares of Stride, Inc. (NYSE: LRN)?Did you purchase your shares between October 22, 2024 and October 28, 2025, in ...
LRN STOCK: Stride, Inc. Sued for Securities Fraud after Low Enrollments Cause 50% Stock Drop -- Investors Notified to Contact BFA Law by January 12 Deadline
Globenewswire· 2025-11-19 13:08
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. 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 experienced poor customer service 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 the stock to plummet by $83.48, or more than 54%, from $153.53 to $70.05 per share [5].
Stride, Inc. Securities Fraud Class Action Result of Customer Experience Issues and +54% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF
Globenewswire· 2025-11-19 03:20
NEW YORK and NEW ORLEANS, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until January 12, 2026 to file lead plaintiff applications in a securities class action lawsuit against Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN), if they purchased or otherwise acquired the Company’s securities between October 22, 2024 and October 28, 2025, inclusive (the “Cl ...
LRN: Kirby McInerney LLP Advises Stride, Inc. Investors of Class Action Lawsuit
Globenewswire· 2025-11-18 23:00
Core Viewpoint - Stride, Inc. is facing a securities fraud class action lawsuit due to allegations of misleading statements and omissions regarding its products and services, which have resulted in significant financial losses for investors [3][4][5]. Summary by Sections Lawsuit Details - The lawsuit is on behalf of investors who purchased Stride securities from October 22, 2024, to October 28, 2025, alleging that the company inflated enrollment numbers and cut staff costs beyond statutory limits while ignoring compliance requirements [3]. Allegations and Impact - A complaint was filed by the Gallup-McKinley County Schools Board of Education against Stride, alleging fraud and deceptive practices, including retaining "ghost students" to secure state funding, which led to a significant drop in share price by approximately 11.7% [4]. - On October 28, 2025, Stride reported that "poor customer experience" resulted in an estimated 10,000-15,000 fewer enrollments, causing a dramatic decline in share price by approximately 54.4% [5]. Investor Actions - Investors who suffered losses on their Stride investments have until January 12, 2026, to request lead plaintiff appointment in the class action lawsuit [2].