The Gross Law Firm Reminds Stride, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 - LRN
StrideStride(US:LRN) Prnewswire·2025-12-22 09:00

Core Viewpoint - Stride, Inc. is facing allegations of fraudulent practices, including inflating enrollment numbers and neglecting compliance requirements, leading to a class action lawsuit by shareholders [1][2]. Group 1: Allegations Against Stride, Inc. - The complaint alleges that Stride inflated enrollment numbers by retaining "ghost students" [1]. - It is claimed that Stride cut staffing costs by assigning teachers caseloads beyond statutory limits [1]. - The company allegedly ignored compliance requirements, including background checks and special education services [1]. - Whistleblowers reported that Stride's leadership directed financial practices to delay hiring and deny services to maintain profit margins [1]. - The actions reportedly resulted in a loss of existing and potential enrollments [1]. Group 2: Class Action Details - The class period for the lawsuit is from 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]. - Participants will receive updates through a portfolio monitoring software once registered [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions by companies [3].