Stride(LRN)
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LRN DEADLINE: Stride, Inc. Investors Encouraged to Contact Kirby McInerney LLP Before Looming Deadline in Lawsuit
Globenewswire· 2025-12-17 23:03
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its products and services, leading to significant financial losses for shareholders [3]. Group 1: Lawsuit Details - The lawsuit covers investors who purchased securities from October 22, 2024, to October 28, 2025, alleging that Stride made false statements about its educational products and services [3]. - Allegations include inflating enrollment numbers, excessive staff cost cuts, and non-compliance with legal requirements, which misled investors about the company's performance [3]. Group 2: Impact of Allegations - On September 14, 2025, a complaint was filed by the Gallup-McKinley County Schools Board against Stride, claiming fraud and deceptive practices, which led to a share price drop of $18.60, or approximately 11.7%, from $158.36 to $139.76 [4]. - Following an announcement on October 28, 2025, regarding poor customer experience leading to a loss of 10,000-15,000 enrollments, Stride's share price plummeted by $83.48, or about 54.4%, from $153.53 to $70.05 [5].
The Gross Law Firm Notifies Shareholders of Stride, Inc. (LRN) of a Class Action Lawsuit and an Upcoming Deadline
Globenewswire· 2025-12-17 21:13
Core Viewpoint - The Gross Law Firm is notifying shareholders of Stride, Inc. regarding a class action lawsuit due to allegations of misleading practices that inflated enrollment numbers and compromised compliance with educational regulations [1][3]. Group 1: Allegations Against Stride, Inc. - Stride, Inc. is accused of inflating enrollment figures by retaining "ghost students" [3]. - The company allegedly cut staffing costs by assigning teachers caseloads beyond statutory limits [3]. - Stride is claimed to have ignored compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [3]. - The firm is also accused of suppressing whistleblowers who reported financial directives aimed at delaying hiring and denying services to maintain profit margins [3]. - These actions reportedly led to a loss of existing and potential enrollments [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as October 22, 2024, to October 28, 2025 [3]. - Shareholders are encouraged to register for the class action by January 12, 2026, to be eligible for potential recovery [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices [5]. - The firm emphasizes its commitment to ensuring companies engage in responsible business practices and good corporate citizenship [5].
LRN ANNOUNCEMENT: Stride, Inc. Investors are Notified of the Pending Securities Class Action and to Contact BFA Law by January 12 Deadline
TMX Newsfile· 2025-12-17 20:36
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][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 alleged to be misleading [4]. Group 3: Stock Performance Impact - On September 14, 2025, a report of the lawsuit 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, with an estimated impact of 10,000-15,000 fewer enrollments [6].
Stride vs. Coursera: Which Online Education Stock is the Better Buy?
ZACKS· 2025-12-17 16:11
Core Insights - The online education and E-learning market is experiencing significant growth driven by increased adoption in K-12, higher education, workforce training, and corporate learning, with companies like Stride, Inc. and Coursera, Inc. benefiting from this trend [1][2] Group 1: Stride, Inc. (LRN) - Stride focuses on the U.S. market, offering K-12 virtual schooling and career learning programs, aligning with the shift towards hybrid education models [3][4] - In Q1 of fiscal 2026, Stride's Career Learning segment revenues grew 16.3% year-over-year to $257.8 million, with enrollments increasing by 20%, outpacing the General Education segment's growth of 10.2% [5] - Stride has launched a free one-on-one tutoring program for second and third graders, indicating strong community support and engagement [6] - However, Stride faced technical issues with new platforms, resulting in 10,000-15,000 fewer enrollments than expected, which may impact near-term prospects [7] Group 2: Coursera, Inc. (COUR) - Coursera operates a global business model supported by subscriptions and AI integration, with its Consumer segment revenues growing 9% year-over-year to $370.7 million in the first nine months of 2025 [8][9] - The company has introduced new offerings like Skills Tracks and AI-powered Course Builder, enhancing its value proposition and learner outcomes [11] - Coursera's scalable subscription model and strong cash flow generation position it well for long-term growth, despite facing macro uncertainties in corporate spending [12][13] - The company has maintained its earnings estimates for 2025 and 2026, reflecting year-over-year growth of 14.7% and 16.1%, respectively [20] Group 3: Stock Performance & Valuation - In the past six months, Coursera's share price performance has outperformed Stride's, although both stocks show a declining trend [14] - Stride is trading at a discount compared to Coursera, which has a premium valuation despite slowing growth momentum [15][17] - Both stocks currently hold a Zacks Rank 3 (Hold), but Coursera is viewed as a more compelling investment opportunity compared to Stride [23]
Kuehn Law Encourages Investors of Stride, Inc. to Contact Law Firm
TMX Newsfile· 2025-12-17 15:49
New York, New York--(Newsfile Corp. - December 17, 2025) - Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Stride, Inc. (NYSE: LRN) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Stride caused the company to misrepresent or fail to disclose that Stride was: (1) inflating enrollment numbers by retaining "ghost students"; (2) cutting staffing costs by assigning teachers' caseloads far beyon ...
LRN STOCK NOTICE: Stride, Inc. Faces Securities Fraud Class Action after 50% Stock Drop – Investors with Losses Urged to Contact BFA Law
Globenewswire· 2025-12-17 14:07
NEW YORK, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Stride, Inc. (NYSE: LRN) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Stride, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/stride-inc-class-action-lawsuit. Inv ...
Stride, Inc. Securities Fraud Class Action Result of Customer Experience Issues and +54% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Globenewswire· 2025-12-17 03:44
Core Viewpoint - Stride, Inc. is facing a securities class action lawsuit due to allegations of failing to disclose material information and engaging in fraudulent practices, which has led to significant financial losses for investors [3][4]. Group 1: Lawsuit Details - Investors who suffered substantial losses from Stride's securities between October 22, 2024, and October 28, 2025, have until January 12, 2026, to file lead plaintiff applications [1]. - The lawsuit is pending in the United States District Court for the Eastern District of Virginia, under the case name MacMahon v. Stride, Inc., et al. [6]. - Allegations against Stride include fraud, deceptive trade practices, and systemic violations of law, particularly related to inflating enrollment numbers to secure state funding [4]. Group 2: Financial Impact - Following the complaint filed by the Gallup-McKinley County Schools Board of Education, Stride's share price dropped by $18.60, or 11.7%, closing at $139.76 on September 15, 2025 [4]. - On October 28, 2025, Stride disclosed that poor customer experience led to an estimated 10,000-15,000 fewer enrollments, resulting in a share price decline of $83.48, or over 54%, closing at $70.05 on October 29, 2025 [5].
54% STRIDE (LRN) CRASH: Hagens Berman Scrutinizing Stride (LRN) Over Alleged “Ghost Students” Fraud and Concealed Tech Failure
Globenewswire· 2025-12-16 23:32
Core Viewpoint - The ongoing securities class action lawsuit against Stride, Inc. is centered on allegations of fraudulent practices, including inflated enrollment figures and a significant technology platform failure, which led to a drastic decline in stock value and substantial investor losses [2][4][9]. Group 1: Allegations of Fraud - The lawsuit claims that Stride engaged in fraudulent practices by using "Ghost Students" to artificially inflate enrollment metrics, which misled investors about the company's financial health [6][5]. - The complaint details a severe technology platform failure that blocked access for approximately 10,000 to 15,000 students, which was not disclosed to investors, leading to a significant drop in sales growth forecasts from 19% to 5% [7][8]. Group 2: Financial Impact - Following the initial disclosure of the fraudulent enrollment practices, Stride's stock dropped by 11% [6]. - The revelation of the technology failure resulted in a catastrophic 54% stock crash in a single day, causing billions in market capitalization losses [2][8]. Group 3: Legal Proceedings - The lawsuit seeks to recover losses for investors who purchased Stride securities during the Class Period from October 22, 2024, to October 28, 2025, holding the company and its executives accountable for alleged misrepresentations [9]. - The deadline for investors to move the Court for appointment as lead plaintiff is January 12, 2026, emphasizing the urgency for affected investors to act [1][12].
Steven Cress Reviews His Top 10 Stocks For 2025
Seeking Alpha· 2025-12-16 22:20
Core Insights - The top 10 stock picks for 2025 yielded a return of 45.6%, significantly outperforming the S&P 500's return of 17.6% [34] - The market has experienced volatility due to various factors, including trade disputes and shifts in investor sentiment towards safe havens like gold and silver [8][15] - The performance of stocks is heavily influenced by market sentiment, with a notable shift back to fundamentals following a truce in U.S.-China trade relations [37] Market Overview - The U.S. Dollar Index has decreased by approximately 9.5% year-to-date, indicating a shift away from the U.S. dollar [9] - Technology sector stocks have seen a year-to-date increase of 27%, while consumer staples and healthcare sectors have shown mixed performance [12] - The S&P 500 experienced a maximum pullback of 15% earlier in the year, which historically presents a buying opportunity for long-term investors [19] Stock Performance - The top 10 stocks included companies like Celestica and Credo, which have shown substantial growth, with Celestica up 240% since January 9 [54] - OppFi, initially performing well, faced challenges due to market sentiment but has recently returned to a Buy rating [56] - Stride has been downgraded to a Sell due to poor momentum and analyst revisions, reflecting a significant decline in performance [91] Economic Indicators - The Federal Reserve has cut interest rates three times in the latter half of the year, indicating concerns about the labor market [23] - Major brokerage firms have reduced recession odds following a truce in trade disputes, which has positively impacted market sentiment [24] - Inflation remains a concern, complicating the Fed's decision-making regarding interest rates [25] Future Outlook - The upcoming webinar on January 6 will present the top stock picks for 2026, with expectations of continued focus on companies with strong fundamentals [98] - Analysts are optimistic about the growth potential of companies like Credo, which has a projected earnings growth rate of 78% over the next three to five years [51] - The market remains top-heavy, with 35% of the total market cap attributed to the Magnificent 7 stocks, raising questions about valuation sustainability [30]
LRN CLASS REMINDER: BFA Law Reminds Stride, Inc. Investors with Losses to Contact the Firm Before January 12 Legal Deadline
TMX Newsfile· 2025-12-16 20:33
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 claims are made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 12, 2026, to request to be appointed to lead the case [3]. Group 2: Allegations Against Stride - Stride, an education technology company, allegedly inflated enrollment numbers by retaining "ghost students," ignored compliance requirements, and provided 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 contradicted by the allegations [4]. Group 3: Stock Performance Impact - On September 14, 2025, a report of the lawsuit caused Stride's stock to drop by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - Following Stride's admission of poor customer experience on October 28, 2025, the stock plummeted by $83.48 per share, more than 54%, from $153.53 to $70.05 [6].