LRN SECURITIES ALERT: BFA Law Reminds Stride, Inc. Investors with Losses of Important January 12 Securities Class Action Deadline
StrideStride(US:LRN) Newsfile·2025-12-06 12:18

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, following significant stock price drops attributed to alleged violations of federal securities laws [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [4]. Allegations and Stock Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" and ignored compliance requirements, leading to poor customer experiences and higher withdrawal rates [4]. - On September 14, 2025, a report of fraud allegations caused Stride's stock to drop by $18.60, or over 11%, from $158.36 to $139.76 per share [5]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48, or more than 54%, from $153.53 to $70.05 per share [6]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [3]. - The lawsuit is titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. Investor Actions - Investors in Stride are encouraged to seek additional information and consider their legal options regarding the class action lawsuit [2][7].

LRN SECURITIES ALERT: BFA Law Reminds Stride, Inc. Investors with Losses of Important January 12 Securities Class Action Deadline - Reportify