Core Viewpoint - Stride, Inc. is facing a class action lawsuit for securities fraud due to significant stock drops linked to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - A class action lawsuit has been filed against Stride, Inc. and certain senior executives, asserting claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 12, 2026, to request to be appointed to lead the case, which is pending in the U.S. District Court for the Eastern District of Virginia [3]. Group 2: Allegations Against Stride - Stride is accused of inflating enrollment numbers by retaining "ghost students," neglecting compliance requirements, and providing a poor customer experience, leading to higher withdrawal rates and lower conversion rates [4]. - The company claimed to be experiencing growth and strong demand, which is now alleged to be misleading [4]. Group 3: Stock Price Impact - Following the fraud allegations reported on September 14, 2025, Stride's stock dropped by $18.60, or over 11%, from $158.36 to $139.76 per share [5]. - On October 28, 2025, Stride acknowledged that poor customer experience led to an estimated 10,000-15,000 fewer enrollments, causing the stock to plummet by $83.48, or more than 54%, from $153.53 to $70.05 per share [6].

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, or 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, or more than 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 lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2].

Core Insights - NETCLASS Technology INC successfully closed a PIPE financing round, raising approximately $2.4 million led by an institutional investor [1][2] Financing Details - The company sold 1,500,000 Class A ordinary shares at a price of $1.60 per share, exempt from the registration requirements of the Securities Act [2] Strategic Use of Proceeds - The net proceeds from the PIPE financing will be utilized to expand AI application scenarios, advance blockchain technology applications, and strengthen the adoption of the EDC token in Singapore [3] Company Vision and Growth - The successful financing is viewed as a significant milestone for the company, enabling it to accelerate the rollout of its AI-driven education ecosystem and pursue new token-based opportunities [4] - The company aims to leverage Singapore's supportive environment for blockchain and AI innovation to drive sustainable growth [4] Company Overview - NETCLASS Technology INC specializes in B2B smart education IT solutions, offering services such as SaaS subscription services, application software development, and blockchain systems for education [5]

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud, following significant stock drops attributed 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 and Stock Impact - The lawsuit alleges 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]. - On September 14, 2025, a report of fraud and deceptive practices caused Stride's stock to drop by $18.60 per share, 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, 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 titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. Investor Information - Investors are encouraged to seek additional information regarding their legal options and can submit their information to the law firm handling the case [2][7].

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its operations and financial performance during the specified Class Period from October 22, 2024, to October 28, 2025 [1][3]. Company Overview - Stride, Inc. is an education technology company based in Reston, Virginia, providing online learning programs, curricula, and support services to schools and districts across the United States [2]. Allegations - The lawsuit claims that Stride inflated enrollment numbers, reduced staffing below statutory limits, ignored compliance requirements, and concealed enrollment losses during the Class Period [3]. - The truth about Stride's situation was revealed on September 14, 2025, when a school district sued the company for fraud and deceptive trade practices [4]. - On October 28, 2025, Stride announced that "poor customer experience" led to increased withdrawal rates and decreased enrollments, which significantly impacted the company's stock price [4].

Core Insights - Grand Canyon Education, Inc. (NASDAQ:LOPE) is identified as a strong investment opportunity in the EdTech sector [1] - The company reported Q3 results indicating growth in partner enrollments and off-campus nursing sites, despite one-time items affecting GAAP profit [2] - Service revenue increased due to a 7.9% growth in partner enrollments, primarily driven by Grand Canyon University online and accelerated BSN classroom-and-lab sites [2][3] Financial Performance - Q3 results showed a rise in enrollments, which helped mask the noise in GAAP figures [3] - Management noted contract adjustments with certain universities that reduced GCE's revenue share but eliminated reimbursements for some faculty costs, impacting revenue per student while enhancing efficiency [3] - An operating income hit from a litigation-related reserve was reported, but adjusted margins improved year over year, reflecting strong demand for the company's services across 20 university partners [3] Future Guidance - The company provided Q4 2025 guidance, projecting service revenue between $305 million and $310 million, with diluted EPS expected to be between $3.07 and $3.18 [3] Company Overview - Grand Canyon Education, Inc. is based in Phoenix and operates as a technology-enabled education services provider [4] - The company offers enrollment marketing, learning-management technology, student-support operations, and clinical-site build-outs to universities, notably Grand Canyon University [4]

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, or over 11%, from $158.36 to $139.76 per share following the fraud allegations [4]. - On October 28, 2025, Stride admitted to poor customer experiences, resulting in an estimated 10,000-15,000 fewer enrollments, causing the stock to plummet by $83.48, or more than 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].

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors about its business prospects and inflating enrollment numbers through unethical practices [1][2]. Allegations - Stride, Inc. is accused of making false statements regarding its success and capabilities in the education technology sector, claiming to be a leading company while engaging in practices such as retaining "ghost students" to inflate enrollment figures [2]. - The company allegedly cut staffing costs by overloading teachers beyond statutory limits and ignored compliance requirements, including background checks and special education services [2]. - Whistleblowers reported that Stride's leadership directed financial practices that delayed hiring and denied services to maintain profit margins [2]. Stock Price Impact - Following a report on September 14, 2025, regarding a complaint filed by the Gallup-McKinley County Schools Board of Education against Stride, the company's stock price fell by $18.60, or 11.7%, closing at $139.76 on September 15, 2025 [3]. - On October 28, 2025, Stride announced that "poor customer experience" led to a significant drop in enrollments, resulting in a stock price decline of $83.48, or over 54%, closing at $70.05 on October 29, 2025 [4]. Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by January 12, 2026, although participation is not required to be eligible for recovery [5].

Nov 12, 2025 6:20 PM Eastern Standard Time Lawsuit Filed Against Stride, Inc. (LRN) After Shares Plummet Over 51% Share Investors Urged to Contact Award-Winning Firm, Gibbs Mura Then, on November 11, 2025, a class action lawsuit was filed against Stride, Inc., alleging that the company made claims that were materially false and misleading, ultimately causing harm to investors. According to the complaint, Stride represented to investors that it was "one of the nation's most successful technology- based educa ...

RT Rashi Shrivastava (@RashiShrivast18)AI language learning app Speak has crossed $100 million in annualized revenue. Founded by former Thiel fellows @connorzwick and @adhsu in 2016, the company is up against better-known rival Duolingo as it enters the U.S. market.https://t.co/EzAq1eaapC ...