Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misrepresenting its product performance and integrity, leading to investor losses during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Stride securities from October 22, 2024, to October 28, 2025 [1][2]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations Against Stride - The complaint alleges that Stride overstated enrollment figures and reduced staff costs beyond legal limits [3]. - Stride is accused of failing to meet compliance standards and losing key enrollments while assuring investors of its commitment to personalized learning [3]. - The company's stock price declined when these issues became known, resulting in losses for investors [3]. Group 3: Company Background - Stride, Inc. is an education technology company based in Reston, Virginia, providing digital learning programs and instructional support to public and private schools [2].

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its operational practices and financial health during the class period from October 22, 2024, to October 28, 2025 [2][7]. Allegation Details - The lawsuit claims that Stride made false statements about being a leading technology-based education company, while in reality, it was inflating enrollment numbers by retaining "ghost students" and cutting staffing costs beyond legal limits [7]. - Additional allegations include ignoring compliance requirements, suppressing whistleblowers, and losing existing and potential enrollments, which led to investors purchasing securities at artificially inflated prices [7]. Next Steps - Investors who acquired Stride shares during the class period and suffered losses are encouraged to contact Bragar Eagel & Squire for more information and to discuss their legal rights [4].

Core Viewpoint - Hagens Berman is reminding investors in Stride, Inc. (NYSE: LRN) about the deadline of January 12, 2026, to apply for lead plaintiff status in a securities class action lawsuit related to significant losses incurred by investors due to alleged fraudulent activities [1][9]. Group 1: Allegations of Fraud - The lawsuit claims that Stride, Inc. engaged in two fraudulent schemes: inflating enrollment figures through "Ghost Students" and a significant technology platform failure, which collectively caused a 54% stock crash in one day, resulting in billions in market capitalization loss [2][4]. - The complaint alleges that Stride and its executives misled investors regarding core business metrics and operational stability, with the CEO acknowledging that the platform upgrade failure led to a "poor customer experience," contradicting previous claims of strong growth [3][4]. Group 2: Specific Allegations - **Enrollment Fraud**: Stride allegedly used unlawful practices by retaining "Ghost Students" to artificially inflate enrollment metrics, leading to an 11% stock drop upon partial disclosure of these facts [6]. - **Technology Catastrophe**: The company reportedly failed to disclose severe issues with a critical platform upgrade that blocked access for approximately 10,000 to 15,000 students, resulting in a forecasted sales growth decline to 5% from a historical 19%, which contributed to the 54% stock crash [7][8]. Group 3: Legal Proceedings and Investor Impact - The lawsuit seeks to recover losses for investors who purchased LRN securities during the Class Period from October 22, 2024, to October 28, 2025, holding Stride and its executives accountable for alleged misrepresentations [9]. - Hagens Berman is actively advising affected investors and emphasizes the importance of contacting them before the lead plaintiff deadline [10][11].

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its operations and financial performance during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Stride securities from October 22, 2024, to October 28, 2025 [1][2]. - Allegations include inflated enrollment numbers, staffing cuts below statutory limits, non-compliance with requirements, and concealment of enrollment losses [3]. Group 2: Impact on Share Price - The truth about Stride's operations was revealed on September 14, 2025, when a school district sued the company for fraud [4]. - On October 28, 2025, Stride announced that "poor customer experience" led to higher withdrawal rates and fewer enrollments, causing a significant decline in share price [4].

Core Viewpoint - Hagens Berman is reminding investors in Stride, Inc. (NYSE: LRN) about the deadline of January 12, 2026, to apply for lead plaintiff status in a securities class action lawsuit related to significant losses incurred by investors due to alleged fraudulent activities [1][11]. Group 1: Allegations of Fraud - The lawsuit claims that Stride, Inc. engaged in two fraudulent schemes: inflating enrollment figures through "Ghost Students" and a significant technology platform failure, which collectively caused a 54% stock crash in one day, resulting in billions in market capitalization loss [2][4]. - The complaint outlines that Stride and its executives misled investors regarding key business metrics and operational stability, with the CEO acknowledging that the platform upgrade failure led to a "poor customer experience," contradicting previous claims of strong growth [3][4]. Group 2: Specific Allegations - **Enrollment Fraud**: Stride allegedly used unlawful practices by retaining "Ghost Students" to artificially inflate enrollment metrics, leading to an 11% stock drop upon partial disclosure of these facts [6]. - **Technology Catastrophe**: The company reportedly failed to disclose severe issues with a critical platform upgrade that blocked access for approximately 10,000 to 15,000 enrolled students, resulting in a forecasted sales growth reduction to 5% from a historical 19%, which triggered the 54% stock crash [7][8]. Group 3: Legal Proceedings and Investor Impact - The lawsuit seeks to recover losses for investors who purchased LRN securities during the Class Period from October 22, 2024, to October 28, 2025, holding Stride and its executives accountable for alleged misrepresentations [9]. - Hagens Berman is actively advising affected investors and emphasizes the importance of contacting them before the lead plaintiff deadline [10][11].

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and certain senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform to students across the U.S. [4]. Allegations and Stock Impact - The lawsuit alleges that Stride inflated enrollment numbers by retaining "ghost students," ignored compliance requirements, and had a poor customer experience leading to higher withdrawal rates and lower conversion rates [4]. - On September 14, 2025, a report of fraud allegations caused Stride's stock to drop by $18.60 per share, or 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, or more than 54%, from $153.53 to $70.05 [6]. Legal Proceedings - Investors have until January 12, 2026, to request to be appointed to lead the case, which is pending in the U.S. District Court for the Eastern District of Virginia [3]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Stride securities [3]. Investor Information - Investors are encouraged to seek additional information regarding their legal options and can submit their information to the law firm representing the class action [2][7].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Stride, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Stride securities between October 22, 2024, and October 28, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 12, 2026 [2] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [3] - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered over $438 million for investors in 2019 alone [3] Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Stride made misleading statements about its products and services, inflating enrollment numbers and cutting staff costs beyond statutory limits, which led to damages for investors when the truth was revealed [4]

Core Viewpoint - The article discusses a pending securities class action lawsuit against Stride, Inc. (NYSE: LRN) related to alleged fraudulent practices that led to significant investor losses, with a deadline for investors to join the lawsuit set for January 12, 2026 [1][9]. Group 1: Allegations of Fraud - The lawsuit claims that Stride engaged in two fraudulent schemes: inflating enrollment figures through "Ghost Students" and failing to disclose a critical technology platform failure [2][5]. - The alleged enrollment fraud involved retaining "Ghost Students" to artificially inflate enrollment metrics, which is said to have initially caused an 11% drop in stock price upon partial disclosure [6]. - The technology failure reportedly blocked access for 10,000 to 15,000 enrolled students, leading to a forecasted sales growth reduction from 19% to only 5%, culminating in a 54% stock crash in a single day [7][8]. Group 2: Financial Impact - The cumulative impact of the fraudulent disclosures resulted in a loss of billions in market capitalization for Stride [2]. - The stock price fell 54% in one day following the revelation of the operational failures, indicating a severe market reaction to the disclosed information [2][8]. Group 3: Legal Proceedings - The complaint seeks to recover losses for investors who purchased LRN securities during the Class Period from October 22, 2024, to October 28, 2025, holding Stride and its executives accountable for alleged misrepresentations [9]. - Hagens Berman, the law firm leading the case, emphasizes the systematic nature of the alleged fraudulent practices and is actively gathering evidence to support the claims [4][11].

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]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [4]. Allegations and Stock Impact - The lawsuit alleges that Stride inflated enrollment numbers by retaining "ghost students," ignored compliance requirements, and had a poor customer experience leading to higher withdrawal rates and lower conversion rates [4]. - On September 14, 2025, a report of fraud allegations caused Stride's stock to drop by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - On October 28, 2025, Stride admitted to poor customer experience affecting enrollments, leading to a further stock drop of $83.48 per share, over 54%, from $153.53 to $70.05 [6]. 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 [3]. - The lawsuit is titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. Legal Representation - Bleichmar Fonti & Auld LLP is representing the plaintiffs in this class action and has a history of successful recoveries in securities class actions [8].

SAN FRANCISCO, Jan. 02, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is issuing a reminder to investors in Stride, Inc. (NYSE: LRN) that the deadline to move the Court for appointment as lead plaintiff in the pending securities class action lawsuit is January 12, 2026. The firm urges investors who suffered substantial losses in LRN to contact Hagens Berman now to discuss their rights. The lawsuit seeks to recover investor losses sustained after the purported disclosure of two ...