Globenewswire·2025-11-20 21:35Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Stride, Inc. securities during the specified Class Period, indicating potential investor claims for compensation due to misleading statements made by the company [1][5]. Group 1: Class Action Details - The class action lawsuit pertains to securities purchased between October 22, 2024, and October 28, 2025, inclusive [1]. - Investors who purchased Stride securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must move the Court by January 12, 2026, to represent other class members in the litigation [3]. Group 2: Allegations Against Stride, Inc. - The lawsuit claims that Stride made misleading statements regarding its products and services to educational institutions, which included inflated enrollment numbers and non-compliance with statutory requirements [5]. - Stride allegedly misrepresented its ability to help learners reach their full potential, while in reality, it was cutting staff costs excessively and losing enrollments [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].