Workflow
Stride
icon
Search documents
LRN SECURITIES ALERT: BFA Law Notifies Stride, Inc. Shareholders of Pending Securities Fraud Class Action and Upcoming January 12 Deadline
Newsfile· 2025-11-26 12:17
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, following significant stock drops attributed to alleged violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. - Investors have until January 12, 2026, to request to lead the case [4]. Group 2: Allegations Against Stride - Stride, an education technology company, allegedly inflated enrollment numbers by retaining "ghost students" and ignored compliance requirements, leading to a poor customer experience [5]. - The company claimed to be experiencing growth and high demand, which is contradicted by the allegations of inflated enrollment figures and high withdrawal rates [5]. Group 3: Stock Performance Impact - On September 14, 2025, a report of the lawsuit caused Stride's stock to drop by $18.60, or over 11%, from $158.36 to $139.76 per share [6]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48, or more than 54%, from $153.53 to $70.05 per share [7].
Levi & Korsinsky Reminds Stride Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 – LRN
Globenewswire· 2025-11-25 21:15
Core Viewpoint - A class action securities lawsuit has been filed against Stride, Inc. for alleged securities fraud affecting investors between October 22, 2024, and October 28, 2025 [1][2] Group 1: Allegations Against Stride - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" [2] - It is alleged that Stride cut staffing costs by assigning teachers caseloads beyond statutory limits [2] - The company is accused of ignoring compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [2] - Whistleblowers who documented financial directives from Stride's leadership were reportedly suppressed to delay hiring and deny services, preserving profit margins [2] - The lawsuit also states that Stride has lost existing and potential enrollments due to these practices [2] Group 2: Legal Process and Participation - Investors who suffered losses during the relevant time frame have until January 12, 2026, to request appointment as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the U.S. [4]
Class Action Filed Against Stride, Inc. (LRN) - January 12, 2026 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-11-25 13:45
Core Viewpoint - A class action securities lawsuit has been filed against Stride, Inc. for alleged securities fraud affecting investors between October 22, 2024, and October 28, 2025 [1][2]. Group 1: Allegations Against Stride, Inc. - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" [2]. - It is alleged that Stride cut staffing costs by assigning teachers' caseloads beyond statutory limits [2]. - The company is accused of ignoring compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [2]. - Whistleblowers who documented financial directives from Stride's leadership were reportedly suppressed, which included delaying hiring and denying services to maintain profit margins [2]. - The lawsuit also states that Stride has lost existing and potential enrollments due to these practices [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4].
INVESTOR REMINDER: Important Stride, Inc. Securities Class Action Deadline Approaching on January 12 for Investors with Losses – Contact BFA Law
Globenewswire· 2025-11-25 13:33
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][2]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [3]. Allegations - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students," failed to comply with employee background checks and licensure laws, and provided a poor customer experience leading to higher withdrawal rates and lower conversion rates [3][4]. Stock Performance - On September 14, 2025, Stride's stock dropped by $18.60 (over 11%) from $158.36 to $139.76 per share following the fraud allegations [4]. - On October 28, 2025, Stride admitted to issues with customer experience, resulting in an estimated 10,000-15,000 fewer enrollments, causing the stock to plummet by $83.48 (over 54%) from $153.53 to $70.05 per share [5]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [2].
The Gross Law Firm Reminds Stride Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 – LRN
Globenewswire· 2025-11-24 20:02
Core Viewpoint - The Gross Law Firm is notifying shareholders of Stride, Inc. about a class action lawsuit related to alleged fraudulent activities and mismanagement during a specified class period [1][3]. Allegations - Stride, Inc. is accused of inflating enrollment numbers by retaining "ghost students" [3]. - The company allegedly cut staffing costs by assigning teachers caseloads beyond statutory limits [3]. - Stride is claimed to have ignored compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [3]. - The firm is accused of suppressing whistleblowers who reported financial directives aimed at delaying hiring and denying services to maintain profit margins [3]. - Stride reportedly lost existing and potential enrollments due to these practices [3]. Class Action Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025 [3]. - Shareholders are encouraged to register for the class action by January 12, 2026, to be eligible for potential recovery [4]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
Lowey Dannenberg Notifies Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm
Globenewswire· 2025-11-24 16:48
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for violations of federal securities laws, alleging misleading statements and non-disclosure of critical operational issues during the Class Period from October 22, 2024, to October 28, 2025 [1][2]. Group 1: Allegations Against Stride, Inc. - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" [2]. - It is alleged that the company cut staffing costs by assigning teachers caseloads beyond statutory limits [2]. - Stride is accused of ignoring compliance requirements, including background checks and special education services mandated by federal law [2]. - The company allegedly suppressed whistleblowers who reported financial directives aimed at delaying hiring and denying services to maintain profit margins [2]. - The lawsuit states that Stride has been losing existing and potential enrollments as a result of these practices [2]. Group 2: Impact on Investors - Following the revelation of these issues, Stride's common stock experienced a significant decline, resulting in financial losses for investors [3]. - Investors who suffered losses exceeding $100,000 are encouraged to participate in the lawsuit or learn more about the lead plaintiff process [3]. Group 3: About the Law Firm - Lowey Dannenberg P.C. is a law firm specializing in representing investors who have suffered financial losses due to corporate fraud and violations of federal securities laws [4]. - The firm has a track record of prosecuting multi-million-dollar lawsuits and has recovered billions for its clients [4].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of January 12, 2026 in Stride Lawsuit - LRN
Prnewswire· 2025-11-24 13:45
CONTACT US HERE: https://securitiesclasslaw.com/securities/stride-inc-loss-submission-form-3/?id=178581&from=4 CLASS PERIOD: October 22, 2024 to October 28, 2025 Accessibility StatementSkip Navigation ALLEGATIONS: According to the filed complaint, defendants made false statements and/or concealed that Stride was (1) inflating enrollment numbers by retaining "ghost students"; (2) cutting staffing costs by assigning teachers' caseloads far beyond the required statutory limits; (3) ignoring compliance requirem ...
Stride, Inc. (LRN) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - Robbins Geller Rudman & Dowd LLP
Newsfile· 2025-11-24 11:16
Core Viewpoint - Stride, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and non-compliance with legal requirements during the class period from October 22, 2024, to October 28, 2025 [1][3]. Allegations Against Stride - The lawsuit alleges that Stride inflated enrollment numbers by retaining "ghost students" and cut staffing costs by overloading teachers beyond statutory limits [3]. - Stride is accused of ignoring compliance requirements, including background checks and licensure laws, and failing to provide federally mandated special education services [3]. - The company allegedly suppressed whistleblowers who reported financial directives aimed at preserving profit margins by delaying hiring and denying services [3]. - Stride reportedly lost existing and potential enrollments due to these practices [3]. Impact of Legal Issues - A complaint filed by the Gallup-McKinley County Schools Board of Education against Stride on September 14, 2025, led to a nearly 12% drop in Stride's stock price [4]. - Following an announcement on October 28, 2025, regarding "poor customer experience" leading to higher withdrawal rates and an estimated loss of 10,000-15,000 enrollments, Stride's stock price fell more than 54% [5]. Class Action Process - Investors who purchased Stride securities during the class period can seek appointment as lead plaintiff in the lawsuit, representing the interests of the class [6]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [6]. About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been recognized for securing significant monetary relief for investors, including the largest recovery in history of $7.2 billion in the Enron case [7].
STRIDE NOTICE: Stride, Inc. (LRN) Faces Securities Fraud Allegations after Stock Drops 50%, Investors Urged to Contact BFA Law
Newsfile· 2025-11-24 11:08
Core Viewpoint - Stride, Inc. is facing a class action lawsuit for securities fraud following a significant drop in its stock price, attributed to alleged violations of federal securities laws [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [4]. Allegations and Stock Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" to secure state funding and ignored compliance requirements, leading to a poor customer experience [4]. - On September 14, 2025, a report of fraud allegations caused Stride's stock to drop by $18.60 per share, or over 11%, from $158.36 to $139.76 [5]. - Following an admission of poor customer experience on October 28, 2025, Stride's stock plummeted by $83.48 per share, or more than 54%, from $153.53 to $70.05 [6]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [3]. - The lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Investor Actions - Investors in Stride are encouraged to seek additional information and may have legal options available [2][7].
LRN COURT ALERT: Stride, Inc. Investors that Lost Money May have been Affected by Fraud -- Contact BFA Law by January 12
Globenewswire· 2025-11-23 12:36
Core Points - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][2] - The lawsuit claims that Stride inflated enrollment numbers and failed to comply with legal requirements, leading to a poor customer experience and higher withdrawal rates [3][4] Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [3] - The company previously reported increasing growth and strong demand for its products and services [3] Stock Performance - On September 14, 2025, Stride's stock dropped by $18.60 per share (over 11%) following allegations of fraud and deceptive practices, falling from $158.36 to $139.76 [4] - On October 28, 2025, Stride acknowledged issues with customer experience, leading to an estimated loss of 10,000-15,000 enrollments and a subsequent stock drop of $83.48 per share (over 54%), from $153.53 to $70.05 [5]