Core Points - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][2] - The lawsuit claims that Stride inflated enrollment numbers and failed to comply with legal requirements, leading to a poor customer experience and higher withdrawal rates [3][4] Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [3] - The company previously reported increasing growth and strong demand for its products and services [3] Stock Performance - On September 14, 2025, Stride's stock dropped by $18.60 per share (over 11%) following allegations of fraud and deceptive practices, falling from $158.36 to $139.76 [4] - On October 28, 2025, Stride acknowledged issues with customer experience, leading to an estimated loss of 10,000-15,000 enrollments and a subsequent stock drop of $83.48 per share (over 54%), from $153.53 to $70.05 [5]
LRN COURT ALERT: Stride, Inc. Investors that Lost Money May have been Affected by Fraud -- Contact BFA Law by January 12