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LRN CLASS NOTICE: BFA Law Alerts Stride, Inc. Investors of the Pending Securities Fraud Class Action and Upcoming January 12 Deadline
Newsfile· 2025-11-18 20:33
LRN CLASS NOTICE: BFA Law Alerts Stride, Inc. Investors of the Pending Securities Fraud Class Action and Upcoming January 12 DeadlineNovember 18, 2025 3:33 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 18, 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 stock drops resul ...
LRN SECURITIES ALERT: BFA Law Notifies Stride, Inc. Investors of Important January 12 Securities Class Action Deadline
Newsfile· 2025-11-17 20:18
LRN SECURITIES ALERT: BFA Law Notifies Stride, Inc. Investors of Important January 12 Securities Class Action DeadlineNovember 17, 2025 3:18 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 17, 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 stock drops resulting from the p ...
Ruanyun Edai Technology Announces Commercial Release of Cogni AI – Providing Multimodal Visual Understanding and Recognition
Globenewswire· 2025-11-17 13:30
Core Insights - Ruanyun Edai Technology Inc. has launched its multimodal AI agent, Cogni AI, which is now in commercial service in China, offering advanced visual understanding and semantic recognition capabilities [1][2] - Cogni AI autonomously processes document images, producing structured outputs for operational workflows, enhancing information extraction across various document types and formats [2][3] - The design of Cogni AI aims to reduce reliance on traditional template-driven OCR technologies, improving efficiency and reliability in data extraction and quality evaluation [3] Company Overview - Ruanyun Edai Technology Inc. is focused on transforming the K-12 education landscape in China through AI-driven solutions, providing intelligent learning tools and adaptive learning systems [5] - The company integrates AI and the internet to modernize education, empowering schools, teachers, and students with advanced teaching and evaluation tools [5]
LRN STOCK LOSS: Stride, Inc. Faces Securities Fraud Class Action due to Upgrade Issues – Contact BFA Law if You Suffered Losses
Globenewswire· 2025-11-17 13:08
NEW YORK, Nov. 17, 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 ...
Stride, Inc. (LRN) Investors are Reminded to Contact BFA Law Before the January 12 Securities Fraud Class Action Deadline
Newsfile· 2025-11-16 12:08
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].
STOCK ALERT: Stride, Inc. (LRN) Investors may be Eligible for Compensation in Securities Class Action – Contact BFA Law by January 12 Deadline
Globenewswire· 2025-11-15 11:36
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].
NETCLASS TECHNOLOGY INC Announces Closing of $2.4 Million Private Placement (PIPE) Financing
Globenewswire· 2025-11-14 13:30
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]
STRIDE INVESTORS: Stride, Inc. (LRN) has been Sued for Securities Fraud, Investors are Urged to Contact BFA Law
Newsfile· 2025-11-14 11:08
New York, New York--(Newsfile Corp. - November 14, 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 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-act ...
Berger Montague PC Investigating Claims on Behalf of Stride, Inc. (NYSE: LRN) After Class Action Filing
Prnewswire· 2025-11-13 19:00
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].
Q3 Enrollments Climb at Grand Canyon Education, Masking GAAP Noise
Yahoo Finance· 2025-11-13 18:37
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]