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Shareholders that lost money on Stride, Inc.(LRN) should contact Levi & Korsinsky about pending Class Action - LRN
Globenewswire· 2025-12-18 22:09
NEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Stride, Inc. ("Stride" or the "Company") (NYSE: LRN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stride investors who were adversely affected by alleged securities fraud between October 22, 2024 and October 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/stride-inc-lawsuit-submission-form ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Stride, Inc. (LRN)
Globenewswire· 2025-12-18 21:09
Core Viewpoint - A securities class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its operational performance and compliance 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 misrepresented itself as "one of the nation's most successful technology-based education companies" and highlighted its "deep educational, regulatory, and policy expertise" to mislead the market [2]. - Specific allegations include: 1. Inflating enrollment numbers 2. Cutting staff costs beyond required statutory limits 3. Ignoring compliance requirements 4. Losing existing and potential student enrollments [2]. Group 2: Legal Proceedings - Investors who acquired Stride shares during the Class Period are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on January 12, 2026 [3]. - The lead plaintiff will represent the interests of other class members in the litigation [3].
Skillsoft and edX Form Strategic Partnership to Expand University-Led Learning in The Skillsoft Platform
Businesswire· 2025-12-18 13:30
"Learning delivers the most value when it stays connected to how skills are built and used across the organization,†said Matthew Glitzer, Chief Revenue Officer, Skillsoft. "By integrating edX programs into the Skillsoft platform, customers gain access to trusted academic learning that fits into a continuous skills journey, supporting stronger adoption, improved retention, and better alignment with business priorities.†Leading institutions, including the University of Oxford, Saïd Business School, Harvard ...
Coursera, Udemy announce $2.5bn merger agreement
Yahoo Finance· 2025-12-18 08:12
Coursera and Udemy have reached an agreement to merge in an all-stock transaction, with the combined company’s implied equity value estimated at approximately $2.5bn. The agreement, unanimously approved by both companies’ boards of directors, stipulates that Udemy shareholders will receive 0.8 shares of Coursera common stock for each Udemy share held. Upon completion of the merger, Coursera shareholders are expected to own about 59% and Udemy shareholders approximately 41% of the new entity on a fully d ...
LRN INVESTOR ALERT: Stride, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-12-18 03:07
Core Viewpoint - The Stride, Inc. class action lawsuit alleges significant misconduct by the company and its executives, including fraudulent practices that inflated enrollment numbers and ignored compliance requirements, leading to substantial financial losses for investors [3][4][5]. Group 1: Allegations of Misconduct - The lawsuit claims that Stride inflated enrollment figures by retaining "ghost students" and cut staffing costs by overloading teachers beyond statutory limits [3]. - It is alleged that Stride ignored compliance requirements, including background checks and special education services, and suppressed whistleblowers who reported financial directives to delay hiring and deny services [3]. - A complaint filed by the Gallup-McKinley County Schools Board of Education against Stride included allegations of fraud and deceptive practices, which reportedly led to a nearly 12% drop in Stride's stock price [4]. Group 2: Financial Impact - Following a report of poor customer experience, Stride announced that it faced "higher withdrawal rates" and "lower conversion rates," estimating a loss of approximately 10,000-15,000 enrollments, which contributed to a more than 54% decline in stock price [5]. - The lawsuit indicates that these issues have resulted in a muted outlook for Stride compared to previous years [5]. Group 3: Legal Process - Investors who purchased Stride securities during the specified class period can seek appointment as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all class members [6]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [6]. Group 4: About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [7].
Canaccord Genuity Sets Price Target for Udemy (NASDAQ:UDMY) Amid Online Education Sector Developments
Financial Modeling Prep· 2025-12-18 00:12
Core Insights - Canaccord Genuity set a price target of $7 for Udemy, indicating an 11.38% potential increase, while downgrading the stock from Buy to Hold [1][6] - Coursera and Udemy announced a merger valued at $2.5 billion, leading to a 21.7% surge in Udemy's stock price [2][6] - The merger is expected to generate over $1.5 billion in pro forma annual revenue and $115 million in annual cost synergies within two years [3][6] Company Developments - The merger aims to enhance offerings for individual learners and enterprise clients, leveraging Coursera's partnerships and Udemy's course marketplace [2][4] - Udemy's stock has fluctuated significantly, currently priced at $6.25, with a market cap of approximately $928 million and a trading volume of 24,489,825 shares [5] Market Context - Despite recent revenue growth, both companies face market challenges, reflected in declining share prices, prompting the merger to address investor concerns [4]
The Coursera And Udemy Merger: Two Learning Cultures, One Platform (NYSE:COUR)
Seeking Alpha· 2025-12-17 22:52
Coursera, Inc. ( COUR ) and Udemy, Inc. ( UDMY ) just announced plans to merge both companies, which could result in meaningful synergies if approved and if things go according to plan. In additionAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...
Stocks Slip as Oracle and Nvidia Weigh on AI Trade | Closing Bell
Youtube· 2025-12-17 21:46
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. We're joined now by Carol Massar and Tim Stenovec from the radio room.Welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube. A decidedly down day. Stocks at session lows right now as we get just less than 2 minutes to those bells and Carol Massar, we're going to close below some key mov ...
Why Udemy Stock Surged Today
Yahoo Finance· 2025-12-17 20:49
Key Points Coursera is seeking to acquire Udemy in an all-stock deal. Coursera's bid comes at a significant premium to Udemy's recent trading prices. 10 stocks we like better than Udemy › Shares of Udemy (NASDAQ: UDMY) leaped on Wednesday after the online learning marketplace struck a merger deal with rival Coursera (NYSE: COUR). As of 3:25 p.m. EST, Udemy's stock price was up more than 12% after rising as much as 33% earlier in the day. Image source: Getty Images. An enticing offer for Udemy's ...
Coursera's Acquisition Of Udemy Strengthens Its Enterprise Base (NYSE:COUR)
Seeking Alpha· 2025-12-17 20:44
2025 was a big year for dealmaking, and activity has particularly focused on laggards in the small- and mid-cap space. In education, Coursera ( COUR ) just announced its all-stock purchase of its slightly smaller rival, Udemy ( UDMY ).With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contrib ...