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LRN LAWSUIT ALERT: Levi & Korsinsky Notifies Stride, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
StrideStride(US:LRN) Globenewswireยท2025-11-14 23:02

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]