Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its operational practices and financial health during the class period from October 22, 2024, to October 28, 2025 [2][7]. Allegation Details - The lawsuit claims that Stride made false statements about being a leading technology-based education company, while in reality, it was inflating enrollment numbers by retaining "ghost students" and cutting staffing costs beyond legal limits [7]. - Additional allegations include ignoring compliance requirements, suppressing whistleblowers, and losing existing and potential enrollments, which led to investors purchasing securities at artificially inflated prices [7]. Next Steps - Investors who acquired Stride shares during the class period and suffered losses are encouraged to contact Bragar Eagel & Squire for more information and to discuss their legal rights [4].
STRIDE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Stride, Inc. and Encourages Investors to Contact the Firm