Stride(US:LRN) Globenewswire·2025-12-19 14:50Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Stride, Inc. for alleged violations of federal securities laws, encouraging affected investors to contact them before the January 12, 2026 deadline for lead plaintiff applications in a federal securities class action [1][3]. Group 1: Allegations Against Stride - The complaint alleges that Stride and its executives made false or misleading statements and failed to disclose critical information regarding their products and services to educational institutions [3]. - Stride is accused of inflating enrollment numbers, excessively cutting staff costs, ignoring compliance requirements, and losing both existing and potential enrollments [3]. Group 2: Impact of Allegations - Following a report of fraud and deceptive practices by the Gallup-McKinley County Schools Board of Education, Stride's stock price dropped by $18.60, or 11.7%, closing at $139.76 per share on September 15, 2025 [4][5]. - On October 28, 2025, Stride reported limiting enrollment growth due to execution issues, resulting in 10,000 to 15,000 fewer enrollments, which led to a further stock price decline of up to 51% during intraday trading on October 29, 2025 [6].