Stride, Inc. Stockholders with Large Losses Should Contact Robbins LLP for Information About Leading the LRN Class Action

Core Viewpoint - Stride, Inc. is facing a class action lawsuit due to allegations of misleading investors about its business practices, including inflating enrollment numbers and ignoring compliance requirements [1][3]. Company Overview - Stride, Inc. (NYSE: LRN) is a technology company that provides an education platform for online learning across the U.S. [1]. Class Action Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025 [1]. - The lawsuit was filed on behalf of all investors who purchased or acquired Stride shares during the class period [1]. Allegations Against Stride - Stride allegedly made false statements about being a leading technology-based education company and claimed to have deep expertise in educational and regulatory matters [3]. - Specific allegations include: 1. Inflating enrollment numbers by retaining "ghost students" [3]. 2. Cutting staffing costs by exceeding statutory limits on teachers' caseloads [3]. 3. Ignoring compliance requirements, including background checks and special education services [3]. 4. Suppressing whistleblowers who reported financial directives to delay hiring and deny services [3]. 5. Losing existing and potential enrollments [3]. Stock Price Impact - Following a report on September 14, 2025, regarding allegations of fraud and deceptive practices, Stride's stock price fell by $18.60, or 11.7%, closing at $139.76 on September 15, 2025 [4]. - On October 28, 2025, Stride announced that "poor customer experience" led to an estimated 10,000-15,000 fewer enrollments, resulting in a stock price drop of $83.48, or over 54%, closing at $70.05 on October 29, 2025 [5]. Next Steps for Shareholders - Shareholders interested in participating as lead plaintiffs must submit their papers by January 12, 2026 [6]. - Shareholders can remain absent class members if they choose not to participate [6].