NEW YORK and NEW ORLEANS, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until January 12, 2026 to file lead plaintiff applications in a securities class action lawsuit against Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN), if they purchased or otherwise acquired the Company’s securities between October 22, 2024 and October 28, 2025, inclusive (the “Cl ...

Core Viewpoint - Stride, Inc. is facing a securities fraud class action lawsuit due to allegations of misleading statements and omissions regarding its products and services, which have resulted in significant financial losses for investors [3][4][5]. Summary by Sections Lawsuit Details - The lawsuit is on behalf of investors who purchased Stride securities from October 22, 2024, to October 28, 2025, alleging that the company inflated enrollment numbers and cut staff costs beyond statutory limits while ignoring compliance requirements [3]. Allegations and Impact - A complaint was filed by the Gallup-McKinley County Schools Board of Education against Stride, alleging fraud and deceptive practices, including retaining "ghost students" to secure state funding, which led to a significant drop in share price by approximately 11.7% [4]. - On October 28, 2025, Stride reported that "poor customer experience" resulted in an estimated 10,000-15,000 fewer enrollments, causing a dramatic decline in share price by approximately 54.4% [5]. Investor Actions - Investors who suffered losses on their Stride investments have until January 12, 2026, to request lead plaintiff appointment in the class action lawsuit [2].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Stride, Inc. for alleged violations of federal securities laws, particularly regarding misleading statements and undisclosed information related to the company's products and services [2][5]. Group 1: Allegations Against Stride, Inc. - The complaint alleges that Stride and its executives made false and misleading statements about their products and services, claiming they were designed to help learners reach their full potential, while in reality, the company was inflating enrollment numbers and cutting staff costs excessively [5]. - A report from Gallup-McKinley County Schools Board of Education accused Stride of fraud and deceptive practices, including retaining "ghost students" to secure state funding and ignoring compliance requirements [6]. - Following these allegations, Stride's stock price dropped by $18.60, or 11.7%, closing at $139.76 per share on September 15, 2025, impacting investors negatively [7]. Group 2: Financial Performance and Impact - On October 28, 2025, Stride reported its first quarter fiscal 2026 results, indicating a deliberate limitation on enrollment growth due to execution improvements and system implementation issues, which led to 10,000 to 15,000 fewer enrollments [8]. - The announcement of these challenges caused Stride's stock price to fall as much as 51% during intraday trading on October 29, 2025, further harming investors [8]. Group 3: Legal Proceedings - Investors who suffered losses during the specified period are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options, with a deadline of January 12, 2026, to seek the role of lead plaintiff in the class action lawsuit [2][10]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [9].

New York, New York--(Newsfile Corp. - November 18, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Stride, Inc. (NYSE: LRN) between October 22, 2024 and October 28, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 12, 2026.SO WHAT: If you purchased Stride a securities during the Class Pe ...

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, alleging significant stock drops due to potential violations of federal securities laws [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform to students across the U.S. [4]. Allegations - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students," ignored compliance requirements, and had a poor customer experience leading to higher withdrawal rates and lower conversion rates [4]. - Stride's statements about "increasing growth" and "strength in demand" are alleged to be misleading [4]. Stock Performance - 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 [5]. - Following Stride's admission of poor customer experience on October 28, 2025, the stock plummeted by $83.48, or more than 54%, from $153.53 to $70.05 per share [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 captioned MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. Investor Actions - Investors are encouraged to seek additional information and may have legal options available [2][7].

New York, New York--(Newsfile Corp. - November 18, 2025) - If you suffered a loss on your Stride, Inc. (NYSE: LRN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/stride-inc-lawsuit-submission-form-3?prid=177999&wire=5&utm_campaign=30or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: A cl ...

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Stride business and prospects, resulting in its stock trading at inflated prices. ...

ATLANTA, Nov. 18, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose key facts, including allegations that Stride was: (1) inflating enrollment numbers; (2) cutting staff costs beyond required statutory limits; (3) ignoring compliance requirements; and (4) losing existing and potential student enrollments. If yo ...

Core Viewpoint - Stride Inc. is facing a securities class action lawsuit from shareholders due to allegations of misleading investors with inflated metrics and operational flaws, resulting in a significant decline in stock price [1][4]. Company Overview - Stride Inc. is one of the largest providers of online educational services in the United States [1]. - The company has been accused of inflating student enrollment figures by including "ghost students" and misrepresenting its business model's strength [4][7]. Legal Proceedings - Prominent shareholder rights law firm Hagens Berman is investigating claims against Stride and its executives, urging affected investors to report their losses [2][7]. - The class period for the lawsuit is from October 22, 2024, to October 28, 2025, with a lead plaintiff deadline set for January 12, 2026 [3]. Allegations and Operational Issues - The lawsuit claims that Stride's assurances about strong business performance were false, particularly regarding its ability to recover from enrollment losses after Gallup-McKinley canceled its contract [3][4]. - Allegations include: - Inflated enrollment numbers by retaining "ghost" students [7]. - Increased student-to-teacher ratios and insufficiently licensed teachers [4][7]. - Ignoring compliance requirements and suppressing whistleblowers [7]. Financial Impact - Stride reported that "poor customer experience" led to an estimated loss of 10,000 to 15,000 enrollments [5]. - The company's guidance for 2026 indicates a sales growth forecast of only 5%, a significant decrease from the previous five years' annualized growth of 19% [6].

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Stride, Inc. securities between October 22, 2024, and October 28, 2025, due to misleading statements and omissions regarding the company's products and services [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Stride made misleading statements about its products and services aimed at public and private schools, which included inflated enrollment numbers and non-compliance with statutory requirements [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement if they purchased Stride securities during the class period [2]. Group 2: Next Steps for Investors - Investors wishing to join the class action can do so by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by January 12, 2026, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].