Stride(US:LRN) Prnewswire·2025-12-16 18:54Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. on behalf of investors who purchased its securities during the specified Class Period, highlighting potential legal and financial implications for the company [1][2]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC, a national plaintiffs' law firm, representing investors who acquired Stride securities from October 22, 2024, to October 28, 2025 [1]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff representatives of the class [2]. Group 2: Company Performance and Issues - Stride, based in Reston, Virginia, provides online and blended education services to schools and districts across the U.S. [2]. - A school district filed a lawsuit against Stride for fraud and deceptive trade practices on September 14, 2025 [3]. - On October 28, 2025, Stride reported that "poor customer experience" led to increased withdrawal rates and decreased enrollments, which negatively impacted the company's stock price [3].