Scott+Scott Attorneys at Law LLP Files Securities Class Action Against Stride, Inc. (NYSE: LRN)

Core Viewpoint - A securities class action lawsuit has been filed against Stride, Inc. for allegedly making misleading statements regarding its products and services, leading to inflated stock prices and subsequent damages to investors [1][4][5]. Company Overview - Stride, Inc. is a technology company based in Reston, Virginia, that provides an educational platform for online learning to students across the United States [3]. Allegations - The lawsuit claims that during the class period from October 22, 2024, to October 28, 2025, Stride misrepresented its enrollment numbers, cut staff costs excessively, ignored compliance requirements, and lost existing and potential enrollments [4]. - Defendants allegedly made materially false statements that misled investors about the company's ability to help learners reach their full potential through its educational offerings [4]. Legal Proceedings - The class action is titled MacMahon v. Stride, Inc., et al., and is filed in the U.S. District Court for the Eastern District of Virginia [1]. - Investors who purchased Stride securities during the class period and suffered damages may seek to be appointed as lead plaintiff by filing a motion by January 12, 2026 [2][8].