LRN LAWSUIT ALERT: The Gross Law Firm Notifies Stride, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
StrideStride(US:LRN) Prnewswire·2025-12-01 13:45

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 that inflated enrollment numbers and compromised compliance with educational regulations [1]. Group 1: Allegations Against Stride, Inc. - Stride, Inc. is accused of inflating enrollment figures by retaining "ghost students" [1]. - The company allegedly cut staffing costs by assigning teachers caseloads beyond statutory limits [1]. - Stride is claimed to have ignored compliance requirements, including background checks and special education services mandated by federal law [1]. - The firm is also accused of suppressing whistleblowers who reported financial directives aimed at delaying hiring and denying services to maintain profit margins [1]. - These practices reportedly led to a loss of existing and potential enrollments [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as October 22, 2024, to October 28, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially become lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2].