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LRN STOCK DROP: Stride, Inc. Stock Plummets 50% after Upgrade Issues Disclosed -- Contact BFA Law about the Securities Fraud Class Action
Globenewswire· 2026-01-02 14:07
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 to students across the U.S. [4]. Allegations and Stock Impact - The lawsuit claims 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]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48 per share, more than 54%, from $153.53 to $70.05, with an estimated impact of 10,000-15,000 fewer enrollments [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, under the case caption MacMahon v. Stride, Inc., et al. [3].
Stride Deadline: LRN Investors Have Opportunity to Lead Stride, Inc. Securities Fraud Lawsuit
Prnewswire· 2026-01-02 05:36
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, inclusive [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]. - 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 specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [3]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [3]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Stride made misleading statements regarding its products and services, inflating enrollment numbers and cutting staff costs beyond statutory limits [4]. - Stride is accused of ignoring compliance requirements and losing existing and potential enrollments, which led to investor damages when the true details became public [4].
STRIDE DEADLINE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Stride, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – LRN
Globenewswire· 2026-01-01 00:41
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 - The Class Period for the Stride, Inc. securities is from October 22, 2024, to October 28, 2025, inclusive [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]. - 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 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 been ranked highly for its performance in securities class action settlements since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Stride made misleading statements regarding its products and services, claiming they were designed to help learners reach their full potential [4]. - It is claimed that Stride inflated enrollment numbers, cut staff costs beyond statutory limits, ignored compliance requirements, and lost existing and potential enrollments, leading to investor damages when the truth was revealed [4].
Shareholders that lost money on Stride, Inc.(LRN) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
Globenewswire· 2025-12-31 21:12
Core Viewpoint - The Gross Law Firm is notifying 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][3]. Group 1: Allegations Against Stride, Inc. - Stride, Inc. is accused of inflating enrollment figures by retaining "ghost students" [3]. - The company allegedly cut staffing costs by assigning teachers caseloads beyond statutory limits [3]. - Stride is claimed to have ignored compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [3]. - The firm is also accused of suppressing whistleblowers who reported financial directives aimed at delaying hiring and denying services to maintain profit margins [3]. - There are allegations that Stride has lost existing and potential enrollments due to these practices [3]. Group 2: Class Action Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025 [3]. - Shareholders are encouraged to register for the class action by January 12, 2026, to be eligible for potential recovery [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
LRN COURT NOTICE: Stride, Inc. Investors are Encouraged to Contact BFA Law About the Securities Fraud Class Action by January 12
TMX Newsfile· 2025-12-31 20:46
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, and investors have until January 12, 2026, to seek lead plaintiff status [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Stride securities [3]. Group 2: Allegations Against Stride - Stride, an education technology company, is accused of inflating enrollment numbers by retaining "ghost students," neglecting compliance requirements, and providing a poor customer experience, leading to higher withdrawal rates and lower conversion rates [4]. - The company claimed to be experiencing growth and strong demand, which is now alleged to be misleading [4]. Group 3: Stock Performance Impact - On September 14, 2025, a report of the lawsuit caused Stride's stock to drop by $18.60 per share, 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, more than 54%, from $153.53 to $70.05, with an estimated impact of 10,000-15,000 fewer enrollments [6].
LRN 13-DAY DEADLINE ALERT: Stride (LRN) Investors Encouraged to Contact Hagens Berman, Securities Class Action Pending Over Alleged Undisclosed Operational Failures
Globenewswire· 2025-12-31 18:49
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 lead plaintiff deadline set for January 12, 2026 [1][9]. 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 fraudulent activities resulted in a 54% stock crash in a single day, leading to billions in market capitalization losses [2][8]. Specific Allegations - **Enrollment Fraud**: Stride is accused of using "Ghost Students" to artificially inflate enrollment metrics, which misled investors about the company's financial health. This initial disclosure caused an 11% drop in stock price [6]. - **Technology Catastrophe**: The company allegedly concealed severe issues with a platform upgrade that blocked access for 10,000 to 15,000 students, leading to a forecasted sales growth decline from 19% to only 5%, which contributed to the 54% stock crash [7][8]. 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 misrepresentations [9]. - Hagens Berman, the law firm handling the case, emphasizes the systematic nature of the alleged fraud and is actively gathering evidence to support the claims [4][10].
Can K12 (LRN) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-12-31 18:10
Core Viewpoint - K12 (LRN) is positioned to potentially continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in recent quarters [1]. Earnings Performance - In the last reported quarter, K12 achieved earnings of $1.52 per share, exceeding the Zacks Consensus Estimate of $1.23 per share, resulting in a surprise of 23.58% [2]. - In the previous quarter, K12 was expected to report earnings of $1.83 per share but delivered $2.29 per share, leading to a surprise of 25.14% [2]. Earnings Estimates and Predictions - Recent estimates for K12 have been increasing, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat, especially given its favorable Zacks Rank [5][8]. - The Zacks Earnings ESP for K12 is currently +3.72%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8]. Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time, indicating a high probability of beating consensus estimates [6]. - The combination of K12's positive Earnings ESP and Zacks Rank 2 (Buy) suggests that another earnings beat may be imminent [8].
LRN SHAREHOLDER UPDATE: Stride, Inc. Hit with Securities Class Action after 50% Stock Drop – Contact BFA Law if You Lost Money
Globenewswire· 2025-12-31 13:46
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 to students across the U.S. [4]. Allegations and Stock Impact - The lawsuit claims 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]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48 per share, more than 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, under the case caption MacMahon v. Stride, Inc., et al. [3].
LRN CLASS ACTION ALERT: Stride, Inc. Sued for Securities Fraud after Low Enrollments Revealed, Investors Notified to Contact BFA Law by January 12
TMX Newsfile· 2025-12-30 20:36
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 claims 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]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48 per share, more than 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]. 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]. - The law firm operates on a contingency fee basis, meaning there are no upfront costs for shareholders [7]. Law Firm Background - Bleichmar Fonti & Auld LLP is a leading international law firm specializing in securities class actions and has a strong track record, including recovering over $900 million from Tesla's Board of Directors [8].
Wall Street Analysts Believe K12 (LRN) Could Rally 57.68%: Here's is How to Trade
ZACKS· 2025-12-30 15:55
Core Viewpoint - K12 (LRN) has shown a 6.3% increase in stock price over the past four weeks, with a mean price target of $105 indicating a potential upside of 57.7% from the current price of $66.59 [1] Price Targets and Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $24.49, where the lowest estimate is $75.00 (12.6% increase) and the highest is $125.00 (87.7% increase) [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [9] Analyst Sentiment and Earnings Estimates - Analysts are optimistic about LRN's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has historically correlated with stock price movements [11] - Over the last 30 days, one earnings estimate has increased, leading to a 1.1% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - LRN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] Caution on Price Targets - While price targets are a common metric for investors, relying solely on them can be misleading, as analysts may set overly optimistic targets due to business incentives [7][8][10]