Founded by former Thiel fellows, AI language tutoring app Speak started its journey in Seoul, South Korea. But as it enters the U.S. market, it’ll have to compete with better-known rivals like Duolingo.Read more: https://t.co/4fzpeBrQXL https://t.co/rfs9HWfln0 ...

Company Overview - Speak, an AI language tutoring app founded by former Thiel fellows, began in Seoul, South Korea [1] Market Entry & Competition - Speak is entering the U S market and will face competition from established players like Duolingo [1]

What is the class period? October 22, 2024 - October 28, 2025 What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Stride during the class period because the Company allegedly misled investors regarding its fraudulent and deceptive business practices.  For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. What are the allegations? According to the compla ...

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, alleging that the company misled investors about its business performance, leading to significant stock price drops [1][3]. Company Overview - Stride, Inc. is an education technology company that provides an online platform to students across the U.S. [4]. Allegations of Fraud - 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 that resulted in higher withdrawal rates and lower conversion rates [4][5]. Stock Price Impact - Following the allegations, Stride's stock dropped by $18.60 per share (over 11%) from $158.36 on September 12, 2025, to $139.76 on September 15, 2025 [5]. - On October 28, 2025, Stride admitted to issues with customer experience, leading to an estimated 10,000-15,000 fewer enrollments, which caused the stock to plummet by $83.48 per share (over 54%) from $153.53 to $70.05 on October 29, 2025 [6]. Legal Proceedings - Investors have until January 12, 2026, to request to be appointed 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 Actions - Investors in Stride are encouraged to seek legal options and submit their information to the law firm handling the case [2][7].

NEW YORK, Dec. 01, 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 ...

Core Viewpoint - Stride, Inc. is facing a class action lawsuit for securities fraud, which has led to significant stock price drops due to alleged violations of federal securities laws [2][4]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [5]. Allegations and Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" to secure state funding and ignored compliance requirements, leading to poor customer experiences and higher withdrawal rates [5][6]. - Stride's stock dropped by $18.60 (over 11%) on September 15, 2025, following the announcement of the fraud complaint, and further plummeted by $83.48 (over 54%) on October 29, 2025, after admitting to issues that resulted in 10,000-15,000 fewer enrollments [6][7]. 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 [4]. - The lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. Financial Implications - The company's outlook has been described as "muted" compared to prior years due to the impact of the alleged fraud and customer experience issues [7].

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].

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 [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" to secure state funding and ignored compliance requirements, leading to poor customer experiences and higher withdrawal rates [4][5]. - Following the filing of the complaint on September 14, 2025, Stride's stock dropped by $18.60 per share, or over 11%, from $158.36 to $139.76 [5]. - On October 28, 2025, Stride acknowledged that poor customer experiences led to an estimated 10,000-15,000 fewer enrollments, resulting in a further stock drop of $83.48 per share, or 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 Actions - Investors are encouraged to submit their information to the law firm representing the class action, with no upfront costs for shareholders [8].

Core Insights - The meeting held on November 26 focused on advancing smart education applications in Feicheng, emphasizing the need for regular application, innovation, teacher training, and creating a positive environment for smart education [1][2] Group 1: Meeting Highlights - The meeting conveyed directives from Feicheng's Party Secretary Zhang Li regarding the city's smart education initiatives, summarizing the current status of these efforts [1] - Key strategies discussed included establishing rigid constraints and reporting mechanisms, encouraging innovative integration, enhancing teacher training, and promoting exemplary practices [1] - A classroom demonstration showcased how big data analysis and smart interaction through the education platform can enhance teaching effectiveness and provide real-time feedback [1] Group 2: Expert Contributions - Experts from the Feicheng Education Science Research Center and iFLYTEK provided professional feedback on demonstration lessons, focusing on teaching design, technology application, and student engagement [1] - Teacher Wang Xuewu from Zijiang Middle School shared practical experiences and case studies on smart education applications, covering platform development, teacher training, and curriculum integration [1] - Schools such as Baiyunshan School and Taodu Middle School presented their experiences and outcomes related to the application of smart education in daily teaching [1] Group 3: Future Directions - The education system aims to integrate information technology deeply into the educational process, focusing on demand, problem-solving, usage, and quality to enhance classroom efficiency and promote high-quality education [2] - Further requirements were outlined for subjects like physics, chemistry, biology, history, and geography to ensure effective implementation of smart education [2] - The meeting was attended by over 400 participants, including school leaders, teaching staff, and research center members, indicating a strong commitment to advancing smart education initiatives [2]

Core Insights - The company reported a revenue of 28.36 billion yuan in Q3 2025, reflecting a year-over-year increase of 8.2% and a quarter-over-quarter increase of 1.7% [1] - The adjusted net profit for Q3 reached 9.5 billion yuan, showing a year-over-year growth of 26.7% with a net profit margin of 33.5% [1] Group 1: Gaming and Related Services - The gaming and related services revenue for Q3 was 23.3 billion yuan, up 11.8% year-over-year, driven by growth in key titles such as "Dream of the Red Chamber" PC and "Nirvana in Fire" [1] - The peak online user count for "Dream of the Red Chamber" PC reached a record high of 3.58 million [1] - The company is expanding its global footprint with new game launches, including "Destiny: Stars" in August and upcoming titles like "Nirvana in Fire" and "Diablo IV" in December [1] Group 2: Youdao Business - Youdao's revenue for Q3 was 1.63 billion yuan, reflecting a year-over-year increase of 3.6% [1] - The company is advancing its "AI + Education" strategy, enhancing both hardware and software offerings [1] - A new AI-powered product, the Youdao AI Answering Pen SpaceX, is set to launch in August 2025, with a daily average of over 10 answers per user [1] Group 3: Cloud Music - Cloud Music reported a revenue of 1.96 billion yuan in Q3, down 1.8% year-over-year [2] - The company is enhancing user experience through AI-driven features, including the "AI Tuning Master" which allows for personalized audio adjustments [2] - The introduction of AI functionalities aims to enrich the platform's content ecosystem and improve user engagement [2] Group 4: Financial Projections - Revenue projections for the company are estimated at 113.91 billion yuan for 2025, 124.63 billion yuan for 2026, and 134.92 billion yuan for 2027 [2] - The expected net profit (Non-GAAP) for the same years is 39.67 billion yuan, 42.26 billion yuan, and 46.08 billion yuan respectively [2]