LRN Shareholder Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Securities Class Action Against Stride, Inc.

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors about its business prospects and inflating enrollment numbers through unethical practices [1][2]. Allegations - Stride, Inc. is accused of making false statements regarding its success and capabilities in the education technology sector, claiming to be a leading company while engaging in practices such as retaining "ghost students" to inflate enrollment figures [2]. - The company allegedly cut staffing costs by overloading teachers beyond statutory limits and ignored compliance requirements, including background checks and special education services [2]. - Whistleblowers reported that Stride's leadership directed financial practices that delayed hiring and denied services to maintain profit margins [2]. Stock Price Impact - Following a report on September 14, 2025, regarding a complaint filed by the Gallup-McKinley County Schools Board of Education against Stride, the company's stock price fell by $18.60, or 11.7%, closing at $139.76 on September 15, 2025 [3]. - On October 28, 2025, Stride announced that "poor customer experience" led to a significant drop in enrollments, resulting in a stock price decline of $83.48, or over 54%, closing at $70.05 on October 29, 2025 [4]. Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by January 12, 2026, although participation is not required to be eligible for recovery [5].