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STRIDE INVESTIGATION: Stride, Inc. (NYSE:LRN) Investors with Losses are Notified of the Pending Securities Fraud Investigation – Contact BFA Law
Globenewswire· 2025-11-05 13:07
Core Viewpoint - Stride, Inc. is under investigation for potential violations of federal securities laws following a significant drop in its stock price due to poor customer experiences stemming from platform changes [1][4]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [2]. - The company previously reported "record demand" for its products and services, indicating strong customer interest [2]. Recent Developments - Stride's stock price fell by more than 54%, dropping from $153.53 to $70.05 per share after the company disclosed that its growth rate did not meet expectations due to poorly executed upgrades [4][5]. - The upgrades led to a "poor customer experience," resulting in higher withdrawal rates and lower conversion rates, with an estimated loss of 10,000-15,000 enrollments [4]. Legal Implications - Bleichmar Fonti & Auld LLP is investigating Stride for potential securities fraud, encouraging affected investors to seek additional information [1][6].
K12 Opens 2026 Innovation Challenge to Inspire the Next Generation of Problem Solvers
Globenewswire· 2025-11-05 13:00
Core Points - K12 has launched the 2026 K12 Innovation Challenge to promote problem-solving, creativity, and innovation among middle and high school students [1][2] - The competition is open to all U.S. students in grades 6 through 12, encouraging participants to pitch original solutions to real-world problems [2][3] - The challenge includes three themed categories: Tomorrow's Classroom, Student Life Hacks, and Gamify It! [3] Competition Details - The entry period for the competition runs from November 5, 2025, to February 9, 2026 [3] - National Champions can win up to $500 per team member, while People's Choice Winners can receive up to $150 per team member [3] - The competition will feature virtual semi-finals in March 2026 and national finals in June 2026 [3] Company Background - K12 has been a leader in virtual education for 25 years, serving over three million students across the U.S. [4] - The company offers flexible learning options, including online public and private schools, personalized tutoring, and accredited homeschool curriculum [4] - K12 is a portfolio brand of Stride, Inc. [4]
Stride, Inc. (LRN) Plunges 49% as Platform Upgrade Fails, Triggering Hagens Berman Probe -- Hagens Berman
Globenewswire· 2025-11-04 23:10
SAN FRANCISCO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Prominent shareholder rights law firm Hagens Berman is investigating Stride, Inc. (NYSE: LRN), the online education platform, for potential violations of the U.S. securities laws following a series of negative market events and serious fraud allegations that have seen the company's stock price plummet. The firm urges investors in Stride who suffered significant losses to submit your losses now. The firm also encourages persons with knowledge who may be able t ...
Scott+Scott Attorneys at Law LLP Alerts Investors of Its Investigation into Stride, Inc. (NYSE: LRN)
Globenewswire· 2025-11-03 15:42
Core Viewpoint - Scott+Scott Attorneys at Law LLP is investigating Stride, Inc. for potentially issuing misleading statements and failing to disclose material information to investors, which may violate federal securities laws [1][3]. Company Overview - Stride, Inc. is an education management organization that offers online education as an alternative to traditional education for public school students, along with career learning programs [2]. Financial Performance - On October 28, 2025, Stride reported a financial outlook for fiscal year 2026 that did not meet analysts' expectations, citing issues with the implementation of an upgraded online platform and a resulting poor customer experience [3]. - The CEO of Stride indicated that these issues led to higher withdrawal rates and lower conversion rates than previously anticipated [3]. Stock Market Reaction - Following the disappointing financial outlook, Stride's stock price plummeted by 54%, closing at $70.05 per share on October 29, 2025 [4].
Stride Stock: What The Numbers Say About The Road Ahead
Forbes· 2025-11-03 14:55
Core Insights - Stride Inc. has seen a drastic decline in market value, dropping nearly 50% shortly after reporting quarterly results that exceeded earnings expectations, with an adjusted EPS of $1.52 and revenue of $620.9 million, reflecting a nearly 13% year-over-year growth [2] - The company's full-year revenue forecast of $2.48 billion to $2.55 billion fell short of Wall Street's expectations of approximately $2.67 billion, causing investor concern [2][3] - Operational missteps in technology rollout may have resulted in a loss of 10,000–15,000 student enrollments, impacting the company's scale and retention [2] Revenue Growth and Enrollment - The revised guidance indicates a slowdown in revenue growth from approximately 18% last year to an expected 9–10% this year, raising concerns among growth investors [3] - Despite an 11% increase in overall enrollment and Career Learning segment growth exceeding 30%, skepticism remains regarding Stride's ability to maintain profitability if growth momentum declines [3] Financial Metrics and Valuation - Stride is currently trading at around 12–13 times forward earnings, significantly lower than competitors like Chegg or Coursera, which have valuations exceeding 20 times [4] - This low valuation reflects market doubt but also presents potential investment opportunities if management can stabilize enrollments and achieve long-term growth targets of 10% annual revenue growth and 20% profit growth [4]
Stride, Inc. Authorizes $500 Million Stock Repurchase Program
Globenewswire· 2025-11-03 14:00
Core Viewpoint - Stride, Inc. has announced a stock repurchase program authorizing the repurchase of up to $500 million of its common stock until October 31, 2026, reflecting confidence in the company's long-term outlook and strong cash flow [1][2]. Company Overview - Stride, Inc. is a technology-based education company providing a wide range of services including K-12 education, career learning, professional skills training, and talent development, serving learners in all 50 states and over 100 countries [3]. Financial Strategy - The stock repurchase program allows for flexibility in repurchasing shares through various methods, including open market purchases and privately negotiated transactions, depending on market conditions [2]. - The company emphasizes its strong cash flow and robust balance sheet, indicating a commitment to allocate capital towards attractive growth opportunities to create long-term value for shareholders [2].
LRN STOCK NOTICE: Stride, Inc. is Under Investigation for Securities Fraud – Investors with Losses Urged to Contact BFA Law
Globenewswire· 2025-11-03 13:36
Core Viewpoint - Stride, Inc. is under investigation for potential violations of federal securities laws, following a significant drop in its stock price due to poor customer experiences stemming from platform changes [1][4]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [2]. - The company previously reported "record demand" for its products and services, indicating strong customer interest [2]. Recent Developments - Stride's stock price fell by more than 54%, dropping from $153.53 to $70.05 per share after the company disclosed that its growth rate did not meet expectations due to poorly executed upgrades [4][5]. - The upgrades led to a "poor customer experience," resulting in higher withdrawal rates and lower conversion rates, with an estimated loss of 10,000-15,000 enrollments [4]. Legal Implications - Bleichmar Fonti & Auld LLP is investigating Stride for potential securities fraud, encouraging affected investors to seek additional information [1][6].
Robbins Geller Rudman & Dowd LLP Launches Investigation into Stride, Inc. (LRN), and Encourages Investors and Potential Witnesses to Contact Law Firm
Prnewswire· 2025-11-03 11:50
Company Overview - Stride, Inc. provides proprietary and third-party online curriculum, software systems, and educational services [3] Legal Investigation - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Stride, focusing on whether Stride and certain executives made false or misleading statements or failed to disclose material information to investors [1][2] Recent Developments - On September 10, 2025, the Gallup-McKinley County Schools Board of Education filed a verified complaint against Stride, charging the company with fraud, deceptive trade practices, and systemic violations of law, particularly affecting Native American students [4] - On October 29, 2025, Stride issued a negative annual revenue forecast, citing difficulties in enrolling new students, which led to a more than 50% drop in Stride's share price [4]
LRN LEGAL NOTICE: Stride, Inc. Investigated for Securities Fraud after 50% Stock Drop, Investors with Losses Notified to Contact BFA Law
Markets.Businessinsider.Com· 2025-11-02 12:18
New York, New York--(Newsfile Corp. - November 2, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Stride, Inc. (NYSE: LRN) for 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.Why Is Stride Being Investigated for Securities Fraud?Stride is an education technology company that provides an online platform to ...
STRIDE INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Reminds Stride Stockholders of the Ongoing Investigation and Urges Investors to Contact the Firm
Globenewswire· 2025-11-01 14:25
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Stride, Inc. for possible violations of federal securities laws and unlawful business practices [1][2]. Investigation Details - The investigation is prompted by allegations from the Gallup-McKinley County Schools Board of Education, which filed a complaint against Stride for fraud, deceptive trade practices, and systemic violations of law [6]. - Specific accusations include inflating enrollment numbers by retaining "ghost students" to secure state funding and neglecting compliance requirements such as background checks and licensure laws for employees [6]. Stock Impact - Following the allegations, Stride's stock price experienced a significant decline, falling by $18.60 per share, or 11.75%, closing at $139.76 per share on September 15, 2025 [6].