Stride(US:LRN) Prnewswire·2026-01-06 13:36Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misrepresenting its product performance and integrity, leading to investor losses during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Stride securities from October 22, 2024, to October 28, 2025 [1][2]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations Against Stride - The complaint alleges that Stride overstated enrollment figures and reduced staff costs beyond legal limits [3]. - Stride is accused of failing to meet compliance standards and losing key enrollments while assuring investors of its commitment to personalized learning [3]. - The company's stock price declined when these issues became known, resulting in losses for investors [3]. Group 3: Company Background - Stride, Inc. is an education technology company based in Reston, Virginia, providing digital learning programs and instructional support to public and private schools [2].