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LRN INVESTOR ALERT: Berger Montague Advises Stride, Inc. (NYSE: LRN) Investors of a January 12, 2026 Deadline
Prnewswire· 2025-12-16 18:54
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, highlighting potential legal and financial implications for the company [1][2]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC, a national plaintiffs' law firm, representing investors who acquired Stride securities from October 22, 2024, to October 28, 2025 [1]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff representatives of the class [2]. Group 2: Company Performance and Issues - Stride, based in Reston, Virginia, provides online and blended education services to schools and districts across the U.S. [2]. - A school district filed a lawsuit against Stride for fraud and deceptive trade practices on September 14, 2025 [3]. - On October 28, 2025, Stride reported that "poor customer experience" led to increased withdrawal rates and decreased enrollments, which negatively impacted the company's stock price [3].
54% STRIDE (LRN) CRASH: Hagens Berman Scrutinizing Stride (LRN) Over Alleged "Ghost Students" Fraud and Concealed Tech Failure
Prnewswire· 2025-12-16 05:09
Core Viewpoint - Hagens Berman is investigating Stride, Inc. for alleged fraudulent enrollment metrics and operational failures that led to significant investor losses, with a class action lawsuit deadline set for January 12, 2026 [1][11]. Group 1: Allegations of Fraud - The lawsuit claims that Stride engaged in two fraudulent schemes: inflating enrollment figures through "Ghost Students" and a catastrophic technology platform failure [2][5]. - The alleged enrollment fraud involved retaining "Ghost Students" to artificially inflate metrics, which resulted in an 11% stock drop upon initial disclosure [6]. - The concealed technology failure blocked access for 10,000 to 15,000 students, leading to a forecasted sales growth drop to 5% from a historical 19%, and triggered a 54% stock crash in one day [8][7]. Group 2: Financial Impact - The cumulative impact of the fraudulent disclosures caused a loss of billions in market capitalization for Stride, with the stock crashing 54% in a single day [2][4]. - The operational failures and misrepresentations regarding business metrics are central to the lawsuit, which seeks to recover losses for investors who purchased LRN securities during the Class Period from October 22, 2024, to October 28, 2025 [9]. Group 3: Next Steps for Investors - Investors who suffered losses are encouraged to contact Hagens Berman to discuss their rights and potentially participate in the class action lawsuit [1][11]. - The firm is actively advising affected investors and is focused on gathering evidence linking the alleged operational failures to the stock crash [4][11].
Stride, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – LRN
Globenewswire· 2025-12-15 20:50
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 company allegedly 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 appointment 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 STOCK DROP ALERT: Stride, Inc. Investors May Have Been Affected by Fraud and Are Notified to Contact BFA Law Prior to January 12 Deadline
TMX Newsfile· 2025-12-15 20:19
New York, New York--(Newsfile Corp. - December 15, 2025) - 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-act ...
LRN UPCOMING DEADLINE: Stride, Inc. Low Enrollments Trigger Securities Class Action – Contact BFA Law before January 12 Deadline
Globenewswire· 2025-12-15 13:07
NEW YORK, Dec. 15, 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. (NYSE: LRN) DEADLINE ALERT Bernstein Liebhard LLP Reminds Stride, Inc. Investors of Upcoming Deadline
Globenewswire· 2025-12-15 06:45
Core Viewpoint - A securities fraud class action lawsuit has been filed against Stride, Inc. for alleged violations of the Securities Exchange Act of 1934, specifically regarding misrepresentations about the company's enrollment numbers [2][3]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the Eastern District of Virginia on behalf of investors who purchased or acquired Stride securities between October 22, 2024, and October 28, 2025 [2]. - Investors wishing to serve as lead plaintiff must file papers by January 12, 2026, with the role involving directing the litigation on behalf of the class [3]. Group 2: Legal Representation - Bernstein Liebhard LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless there is a recovery [4]. - The firm has a strong track record, having recovered over $3.5 billion for clients since 1993 and has been recognized multiple times for its litigation success [5].
LRN SECURITIES LAWSUIT: Stride, Inc. Investors Are Notified to Contact BFA Law Before the Imminent January 12 Class Action Deadline
TMX Newsfile· 2025-12-14 12:33
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 [3]. - Investors have until January 12, 2026, to request to lead the case, with claims made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. 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 [4]. - The company claimed to be experiencing growth and strong demand, which is contradicted by the allegations of inflated metrics and customer dissatisfaction [4]. Group 3: Stock Price Impact - Following the fraud allegations reported on September 14, 2025, Stride's stock dropped by $18.60, or over 11%, from $158.36 to $139.76 per share [5]. - On October 28, 2025, Stride acknowledged that poor customer experiences led to an estimated 10,000-15,000 fewer enrollments, resulting in a stock price decline of $83.48, or more than 54%, from $153.53 to $70.05 per share [6].
Bragar Eagel & Squire, P.C. Reminds Investors of Stride and Inspire Medical To Contact the Firm Regarding Class Action Deadlines
Globenewswire· 2025-12-13 14:16
Core Points - Class actions have been initiated on behalf of stockholders of Stride, Inc. and Inspire Medical Systems, Inc. with deadlines for lead plaintiff petitions approaching [1] Stride, Inc. (NYSE:LRN) - The class period for Stride, Inc. is from October 22, 2024, to October 28, 2025, with a lead plaintiff deadline of January 12, 2026 [5] - Allegations against Stride include inflating enrollment numbers, cutting staffing costs, ignoring compliance requirements, suppressing whistleblowers, and losing enrollments, leading to artificially inflated stock prices [5] Inspire Medical Systems, Inc. (NYSE:INSP) - The class period for Inspire Medical is from August 6, 2024, to August 4, 2025, with a lead plaintiff deadline of January 5, 2026 [5] - The lawsuit claims that the launch of Inspire V was unsuccessful due to poor demand and undisclosed challenges, resulting in a more than 80% reduction in 2025 earnings guidance and a stock price decline of over 32% [5]
LRN FRAUD UPDATE: Important Stride, Inc. Securities Fraud Class Action Deadline is Approaching for Investors – Contact BFA Law before January 12
Globenewswire· 2025-12-13 12:18
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 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 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 [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].
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Stride, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LRN
Globenewswire· 2025-12-12 23:52
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Stride, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Stride securities is from October 22, 2024, to October 28, 2025, and the lead plaintiff deadline is January 12, 2026 [1]. - Investors who purchased Stride securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in securities class action settlements since 2013 [3]. Group 3: Allegations Against Stride, Inc. - The lawsuit alleges that Stride made misleading statements regarding its products and services, inflating enrollment numbers, cutting staff costs excessively, and failing to comply with requirements, which led to investor damages when the truth was revealed [4].