Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Stride, Inc. regarding a class action lawsuit due to allegations of misleading practices and financial misconduct [1][2]. Allegations Against Stride, Inc. - Allegations include inflating enrollment numbers by retaining "ghost students" [1] - The company is accused of cutting staffing costs by assigning teachers caseloads beyond statutory limits [1] - Stride allegedly ignored compliance requirements, including background checks and licensure laws for employees, and failed to provide federally mandated special education services [1] - There are claims of suppressing whistleblowers who documented directives to delay hiring and deny services to maintain profit margins [1] - The company reportedly lost existing and potential enrollments as a result of these practices [1] Class Action Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025 [1] - Shareholders are encouraged to register by January 12, 2026, to participate in the class action [2] - Registration allows shareholders to receive updates on the case through portfolio monitoring software [2]
Investors who lost money on Stride, Inc.(LRN) should contact The Gross Law Firm about pending Class Action - LRN