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Shareholders that lost money on Stride, Inc.(LRN) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-12-01 21:17
NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Stride, Inc. ("Stride" or the "Company") (NYSE: LRN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stride investors who were adversely affected by alleged securities fraud between October 22, 2024 and October 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/stride-inc-lawsuit-submission-form ...
LRN Investors are Encouraged to Contact Robbins LLP for Information About the Lead Plaintiff Deadline in the Securities Class Action Against Stride, Inc.
Prnewswire· 2025-12-01 21:01
What is the class period? October 22, 2024 - October 28, 2025 What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Stride during the class period because the Company allegedly misled investors regarding its fraudulent and deceptive business practices.  For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. What are the allegations? According to the compla ...
LRN SHAREHOLDERS: Stride, Inc. Investors with Losses may have been Misled by the Company and are Urged to Contact BFA Law by January 12
Newsfile· 2025-12-01 20:18
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, alleging that the company misled investors about its business performance, leading to significant stock price drops [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform to students across the U.S. [4]. Allegations of Fraud - 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 that resulted in higher withdrawal rates and lower conversion rates [4][5]. Stock Price Impact - Following the allegations, Stride's stock dropped by $18.60 per share (over 11%) from $158.36 on September 12, 2025, to $139.76 on September 15, 2025 [5]. - On October 28, 2025, Stride admitted to issues with customer experience, leading to an estimated 10,000-15,000 fewer enrollments, which caused the stock to plummet by $83.48 per share (over 54%) from $153.53 to $70.05 on October 29, 2025 [6]. Legal Proceedings - Investors have until January 12, 2026, to request to be appointed to lead the case in the U.S. District Court for the Eastern District of Virginia [3]. - The lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Investor Actions - Investors in Stride are encouraged to seek legal options and submit their information to the law firm handling the case [2][7].
Stride (LRN) Investor Lawsuit Claims Complany Misled Investors About "Ghost Students" and Poor Customer Experience - Hagens Berman
Prnewswire· 2025-12-01 19:15
Accessibility StatementSkip Navigation LRN Investors with Losses Urged to Contact the Firm SAN FRANCISCO, Dec. 1, 2025 /PRNewswire/ -- Investor rights law firm Hagens Berman reminds investors of the January 12, 2026, deadline to move the Court for appointment as lead plaintiff in the securities fraud class action lawsuit filed against Stride, Inc. (NYSE: LRN). The lawsuit alleges that Stride, one of the nation's largest providers of online educational services, misled investors about its operational health ...
LRN LAWSUIT ALERT: The Gross Law Firm Notifies Stride, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-12-01 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 that inflated enrollment numbers and compromised compliance with educational regulations [1]. Group 1: Allegations Against Stride, Inc. - Stride, Inc. is accused of inflating enrollment figures by retaining "ghost students" [1]. - The company allegedly cut staffing costs by assigning teachers caseloads beyond statutory limits [1]. - Stride is claimed to have ignored compliance requirements, including background checks and special education services mandated by federal law [1]. - The firm is also accused of suppressing whistleblowers who reported financial directives aimed at delaying hiring and denying services to maintain profit margins [1]. - These practices reportedly led to a loss of existing and potential enrollments [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as 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]. - There is no cost or obligation for shareholders to participate in the case [2].
LRN LEGAL ALERT: Stride, Inc. Hit with Securities Fraud Class Action due to Low Enrollment Issues -- Investors Notified to Contact BFA Law by January 12
Globenewswire· 2025-12-01 12:07
NEW YORK, Dec. 01, 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. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - LRN
Prnewswire· 2025-12-01 07:50
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for alleged violations of securities laws, specifically for making false and misleading statements regarding enrollment figures and compliance practices [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025, with a deadline for lead plaintiff appointments set for January 12, 2026 [2]. - The complaint alleges that Stride misrepresented enrollment figures by including "ghost students" and failed to conduct necessary background checks and compliance requirements, leading to materially misleading public statements [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the law firm for potential participation in the lawsuit, with no cost or obligation to join [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4]. - The firm represents large hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].
erad Announces $125M Facility Led by Jefferies to Support SME Financing in Middle East
Crowdfund Insider· 2025-11-30 22:30
Core Insights - Erad has partnered with Jefferies and Channel Capital to secure $125 million in a credit deal aimed at enhancing embedded finance solutions for SMEs in the GCC region [1] - This transaction marks Jefferies' first asset-backed financing in the GCC and supports its expansion plans in Saudi Arabia [1] - SMEs contribute approximately 50% of the GCC's GDP and employ two-thirds of the workforce, highlighting their importance in economic diversification efforts [1] Company Overview - Erad is a financing platform founded in 2022 that provides Shariah-compliant working capital solutions to SMEs in Saudi Arabia and the UAE [1] - The company has processed over SAR 250 million in financing for regional SMEs, utilizing a 48-hour approval process to address the estimated $250 billion SME credit gap in the GCC [1] - Erad leverages technology to offer flexible financing across various sectors, including retail, healthcare, and food and beverage [1] Industry Context - The partnership with Jefferies and Channel Capital is seen as a transformative moment for SME financing in the region, addressing a significant financing gap that limits growth potential [1] - The support from regulators and financial partners underscores the strategic importance of alternative finance in achieving the Kingdom's SME growth objectives [1] - Channel Capital, a global alternative asset manager, has approximately $26 billion in capital invested and has facilitated financing in over 35 countries as of September 30 [2]
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Stride, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LRN
Globenewswire· 2025-11-30 17:16
Core Points - Rosen Law Firm is reminding purchasers of Stride, Inc. securities about the January 12, 2026 lead plaintiff deadline for a class action lawsuit [1][2] - Investors who purchased Stride securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2] Company Overview - Stride, Inc. is facing a class action lawsuit due to alleged misleading statements and omissions regarding its products and services to educational institutions [4] - The lawsuit claims that Stride inflated enrollment numbers, cut staff costs excessively, ignored compliance requirements, and lost enrollments, which led to investor damages when the truth was revealed [4] 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 in the past, including the largest securities class action settlement against a Chinese company and has recovered hundreds of millions for investors [3]
LRN LAWSUIT: BFA Law Reminds Stride, Inc. Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by January 12 Deadline
Newsfile· 2025-11-30 12:46
Core Viewpoint - Stride, Inc. is facing a class action lawsuit for securities fraud, which has led to significant stock price drops due to alleged violations of federal securities laws [2][4]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [5]. Allegations and Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" to secure state funding and ignored compliance requirements, leading to poor customer experiences and higher withdrawal rates [5][6]. - Stride's stock dropped by $18.60 (over 11%) on September 15, 2025, following the announcement of the fraud complaint, and further plummeted by $83.48 (over 54%) on October 29, 2025, after admitting to issues that resulted in 10,000-15,000 fewer enrollments [6][7]. 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 [4]. - The lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. Financial Implications - The company's outlook has been described as "muted" compared to prior years due to the impact of the alleged fraud and customer experience issues [7].