Stride (LRN) Investor Lawsuit: Investors Face Jan. 12 Lead Plaintiff Deadline

Core Viewpoint - The lawsuit against Stride, Inc. alleges that the company misled investors regarding its operational health and compliance, leading to a significant stock decline of over 54% following damaging disclosures [1][4]. Summary by Relevant Sections Allegations - Stride is accused of inflating enrollment figures by retaining "ghost students" and failing to disclose operational and compliance failures, which artificially inflated its stock price [2][4]. - The company allegedly ignored compliance by increasing student-to-teacher ratios beyond required limits and neglecting mandated special education services [6]. Key Events - A public report on September 14, 2025, revealed a lawsuit by Gallup-McKinley school district alleging fraud, causing Stride's stock to drop by 11% [6]. - On October 28, 2025, Stride announced severe operational issues due to a failed platform upgrade, resulting in a stock crash of over 54% in one day [6]. Investor Information - Investors who purchased Stride securities between October 22, 2024, and October 28, 2025, and suffered losses may be eligible to serve as Lead Plaintiff in the class action lawsuit [5][6]. - The deadline for filing a motion for Lead Plaintiff is January 12, 2026 [6]. Whistleblower Information - Individuals with non-public information regarding Stride are encouraged to assist in the investigation or utilize the SEC Whistleblower program, which offers rewards up to 30% of any successful recovery [7].