LRN STOCK LOSS: Stride, Inc. Faces Securities Fraud Class Action due to Upgrade Issues – Contact BFA Law if You Suffered Losses

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, under the case caption MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [2]. - Investors have until January 12, 2026, to request to be appointed to lead the case [2]. Group 2: Allegations Against Stride - Stride, an education technology company, allegedly inflated enrollment numbers by retaining "ghost students" and ignored compliance requirements, leading to a poor customer experience [3]. - The company claimed to be experiencing growth and strong demand, which is contradicted by the allegations of inflated enrollment and higher withdrawal rates [3]. Group 3: Stock Price Impact - Following the fraud allegations reported on September 14, 2025, Stride's stock dropped by $18.60, or over 11%, from $158.36 to $139.76 per share [4]. - On October 28, 2025, Stride admitted to issues resulting in 10,000-15,000 fewer enrollments, causing its stock to plummet by $83.48, or more than 54%, from $153.53 to $70.05 per share [5].