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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]
LRN ALERT: Stride, Inc. Investors that Suffered Losses are Notified of the Pending Securities Fraud Lawsuit and to Contact BFA Law by January 12 Deadline
Newsfile· 2025-11-22 11:18
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, following significant stock price drops 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" and ignored compliance requirements, leading to poor customer experiences and higher withdrawal rates [4]. - On September 14, 2025, a report of fraud allegations caused Stride's stock to drop by $18.60, or over 11%, from $158.36 to $139.76 per share [5]. - 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 [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 Guidance - Investors affected by the stock drop are encouraged to seek legal options and can submit their information to the law firm handling the case [8].
Stride, Inc. Stockholders with Large Losses Should Contact Robbins LLP for Information About Leading the LRN Class Action
Globenewswire· 2025-11-21 22:10
Core Viewpoint - Stride, Inc. is facing a class action lawsuit due to allegations of misleading investors about its business practices, including inflating enrollment numbers and ignoring compliance requirements [1][3]. Company Overview - Stride, Inc. (NYSE: LRN) is a technology company that provides an education platform for online learning across the U.S. [1]. Class Action Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025 [1]. - The lawsuit was filed on behalf of all investors who purchased or acquired Stride shares during the class period [1]. Allegations Against Stride - Stride allegedly made false statements about being a leading technology-based education company and claimed to have deep expertise in educational and regulatory matters [3]. - Specific allegations include: 1. Inflating enrollment numbers by retaining "ghost students" [3]. 2. Cutting staffing costs by exceeding statutory limits on teachers' caseloads [3]. 3. Ignoring compliance requirements, including background checks and special education services [3]. 4. Suppressing whistleblowers who reported financial directives to delay hiring and deny services [3]. 5. Losing existing and potential enrollments [3]. Stock Price Impact - Following a report on September 14, 2025, regarding allegations of fraud and deceptive practices, Stride's stock price fell by $18.60, or 11.7%, closing at $139.76 on September 15, 2025 [4]. - On October 28, 2025, Stride announced that "poor customer experience" led to an estimated 10,000-15,000 fewer enrollments, resulting in a stock price drop of $83.48, or over 54%, closing at $70.05 on October 29, 2025 [5]. Next Steps for Shareholders - Shareholders interested in participating as lead plaintiffs must submit their papers by January 12, 2026 [6]. - Shareholders can remain absent class members if they choose not to participate [6].
LRN SHAREHOLDERS: A Securities Class Action against Stride, Inc. has been Filed on behalf of Investors -- Contact BFA Law by January 12 if You Suffered Losses
Globenewswire· 2025-11-21 11:08
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 experienced poor customer service leading to higher withdrawal rates and lower conversion rates [3][4]. Stock Performance - On September 15, 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 29, 2025, after Stride admitted to poor customer experience affecting enrollments, the stock plummeted 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].
LRN INVESTORS: BFA Law Reminds Stride, Inc. Investors with Losses to Contact the Firm Before the Imminent January 12 Securities Class Action Deadline
Newsfile· 2025-11-20 20:46
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]. Company Overview - Stride, Inc. is an education technology company that provides an online platform to students across the U.S. [5]. Allegations and Stock Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" and ignored compliance requirements, leading to a poor customer experience and higher withdrawal rates [5][6]. - On September 14, 2025, a report of fraud allegations 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, with an estimated impact of 10,000-15,000 fewer enrollments [7]. Legal Context - Investors have until January 12, 2026, to seek appointment as lead plaintiffs in the case, which is pending in the U.S. District Court for the Eastern District of Virginia [4]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. Legal Representation - Bleichmar Fonti & Auld LLP is representing the plaintiffs in this class action and has a history of successful recoveries in similar cases [10].
NTES(NTES) - 2025 Q3 - Earnings Call Transcript
2025-11-20 13:02
NetEase (NasdaqGS:NTES) Q3 2025 Earnings Call November 20, 2025 07:00 AM ET Company ParticipantsBrandi Piacente - Head of Investor RelationsNone - Company RepresentativeBill Pang - VP of Corporate DevelopmentThomas Chang - Managing DirectorWilliam Ding - CEOJialong Shi - Managing DirectorConference Call ParticipantsYu Qingzeng - AnalystFelix Liu - Lead Analyst and Executive DirectorRitchie Sun - Equity Research AnalystAlicia Yap - Equity Research AnalystLincoln Kong - Equity Research AnalystOperatorGood day ...
Ambow Education to Host Investor Event & HybriU™ Technology Showcase on December 8
Globenewswire· 2025-11-20 12:00
CUPERTINO, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Ambow Education Holding Ltd. (“Ambow” or the “Company”) (NYSE American: AMBO), a global innovator of AI-powered phygital (physical + digital) solutions for education, conferencing and events, today announced that it will host an Investor Event & Technology Showcase on Monday, December 8, 2025, from 2:00 p.m. to 4:30 p.m. Pacific Standard Time, in San Diego, Calif. and virtually. Members of the professional investor community, educational institutions and ...
LRN LAWSUIT: Stride, Inc. Investors are Notified to Contact BFA Law about the Filed Securities Fraud Class Action and Important January 12 Deadline
Newsfile· 2025-11-19 20:36
LRN LAWSUIT: Stride, Inc. Investors are Notified to Contact BFA Law about the Filed Securities Fraud Class Action and Important January 12 DeadlineNovember 19, 2025 3:36 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 19, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Stride, Inc. (NYSE: LRN) and certain of the Company's senior executives for securities fraud after significant sto ...
ATTENTION NYSE: LRN INVESTORS: Contact Berger Montague About a Stride, Inc. Class Action Lawsuit
Prnewswire· 2025-11-19 18:11
According to the complaint, the Company misrepresented the performance and integrity of its products and services during the Class Period. The lawsuit claims Stride overstated enrollment figures, reduced staff costs beyond legal limits, failed to meet compliance standards, and lost key enrollments—all while assuring investors of its commitment to personalized learning. When the alleged issues became known, the Company's stock price declined, causing investor losses. If you are a Stride investor and would l ...
LRN STOCK: Stride, Inc. Sued for Securities Fraud after Low Enrollments Cause 50% Stock Drop -- Investors Notified to Contact BFA Law by January 12 Deadline
Globenewswire· 2025-11-19 13:08
NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Stride, Inc. (NYSE: LRN) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Stride, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/stride-inc-class-action-lawsuit. Inv ...