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]. - The lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2].

Core Points - Stride, Inc. is facing a securities class action lawsuit for failing to disclose material information during the class period from October 22, 2024, to October 28, 2025 [1][3] - The lawsuit is pending in the United States District Court for the Eastern District of Virginia, and investors have until January 12, 2026, to file lead plaintiff applications [1][6] Company Issues - On September 14, 2025, Gallup-McKinley County Schools Board of Education filed a complaint against Stride, alleging fraud and deceptive trade practices, including inflating enrollment numbers by retaining "ghost students" [4] - Following this news, 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 higher withdrawal rates and lower conversion rates, resulting in an estimated 10,000-15,000 fewer enrollments, which negatively impacted the company's outlook [5] - This announcement caused Stride's share price to plummet by $83.48, or over 54%, closing at $70.05 on October 29, 2025 [5]

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][2] Summary by Sections Class Definition - The lawsuit aims to recover losses for investors adversely affected by alleged fraudulent activities during the specified period [1] Case Details - Allegations against Stride include: - Inflating enrollment numbers by retaining "ghost students" [2] - Cutting staffing costs by assigning teachers excessive caseloads beyond statutory limits [2] - Ignoring compliance requirements, including background checks and licensure laws for employees [2] - Suppressing whistleblowers who documented directives to delay hiring and deny services to maintain profit margins [2] - Losing existing and potential enrollments [2] Next Steps - Investors who suffered losses during the relevant timeframe have until January 12, 2026, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff and incurs no out-of-pocket costs for class members [3] Why Levi & Korsinsky - The firm has a history of securing hundreds of millions for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4]

Core Viewpoint - Stride Inc. is facing a securities class action lawsuit from shareholders due to allegations of misleading investors with inflated metrics and operational flaws, resulting in a significant decline in stock price [1][4]. Company Overview - Stride Inc. is one of the largest providers of online educational services in the United States [1]. - The company has been accused of inflating student enrollment figures by including "ghost students" and engaging in deceptive practices that prioritize profits over student welfare [4][7]. Legal Proceedings - Prominent shareholder rights law firm Hagens Berman is investigating the claims against Stride and its executives, urging affected investors to come forward [2][7]. - The class action lawsuit focuses on Stride's assurances regarding its business model and enrollment figures, which are alleged to be false and misleading [3][4]. Operational Challenges - A report surfaced on September 14, 2025, revealing that Gallup-McKinley sued Stride for fraud and deceptive practices, which contributed to the decline in investor confidence [4]. - Stride acknowledged that "poor customer experience" led to higher withdrawal rates and an estimated loss of 10,000 to 15,000 enrollments [5]. Financial Outlook - Stride's guidance for 2026 indicates a sales growth forecast of only 5%, a significant slowdown from the previous five years' annualized growth rate of 19% [6].

Core Insights - Stride, Inc. is under investigation by Levi & Korsinsky for potential violations of federal securities laws following disappointing enrollment numbers and guidance despite beating earnings expectations [1][2]. Financial Performance - Stride reported its first quarter fiscal 2026 earnings on October 28, 2025, with earnings exceeding expectations; however, enrollment numbers and forward-looking guidance were significantly below expectations [2]. - The company has invested in upgrading its learning and technology platforms, but the implementations faced challenges, leading to higher withdrawal rates and lower conversion rates than anticipated [2]. Stock Market Reaction - Following the earnings report, Stride's stock price dropped by $68.51 per share, opening at $85.02 per share [3].

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of securities of Stride, Inc. for the period between October 22, 2024, and October 28, 2025, due to alleged misleading statements and omissions regarding the company's products and services [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Stride, Inc. made misleading statements about its products and services aimed at public and private schools, which included inflated enrollment numbers and non-compliance with statutory requirements [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement if they purchased Stride, Inc. securities during the Class Period [2]. Group 2: Next Steps for Investors - Investors wishing to join the class action can do so by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by January 12, 2026, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of securities of Stride, Inc. for the period between October 22, 2024, and October 28, 2025, due to misleading statements and omissions regarding the company's products and services [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Stride, Inc. made misleading statements about its products and services aimed at public and private schools, which included inflated enrollment numbers and non-compliance with statutory requirements [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement if they purchased Stride, Inc. securities during the class period [2]. Group 2: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by January 12, 2026, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

Core Viewpoint - The Law Offices of Frank R. Cruz is encouraging shareholders of Stride, Inc. to inquire about a potential securities fraud class action lawsuit [1] Group 1 - The announcement highlights concerns regarding potential securities fraud involving Stride, Inc. [1] - Shareholders are urged to seek more information about their rights and possible legal actions [1] - The law firm is actively investigating the matter to determine the extent of the alleged fraud [1]

Core Viewpoint - A shareholder has filed a securities class action lawsuit against Stride, Inc. for alleged misrepresentations regarding the company's enrollment numbers during a specified period [1][2]. Group 1: Lawsuit Details - The lawsuit represents investors who purchased or acquired Stride's securities between October 22, 2024, and October 28, 2025 [1]. - Defendants are accused of making false statements about Stride's enrollment figures [2]. Group 2: Lead Plaintiff Information - Interested parties wishing to serve as lead plaintiff must file necessary documents by January 12, 2026 [3]. - Serving as lead plaintiff is not a requirement for sharing in any potential recovery from the lawsuit [3]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since its inception in 1993 [4]. - The firm has represented both individual investors and large public and private pension funds, highlighting its extensive experience in class action litigation [4].

If you purchased or acquired securities in Stride between October 22, 2024 and October 28, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330Â (Ext. 1310). [You may also click here for additional information] NEW YORK, Nov. 14, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Stride, Inc. ("Stride" or the "Company") (NYSE: LRN) and reminds investors of ...