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LRN 2-WEEK DEADLINE ALERT: Stride (LRN) Investors Encouraged to Contact Hagens Berman, Securities Class Action Pending Over Alleged Undisclosed Operational Failures
Globenewswire· 2025-12-29 22:01
Core Viewpoint - Hagens Berman is reminding investors in Stride, Inc. (NYSE: LRN) about the deadline of January 12, 2026, to apply for lead plaintiff status in a securities class action lawsuit related to significant losses incurred by investors due to alleged fraudulent activities [1][9]. Group 1: Allegations of Fraud - The lawsuit claims that Stride engaged in two fraudulent schemes: inflating enrollment figures through "Ghost Students" and a significant technology platform failure, which collectively caused a 54% stock crash in a single day, resulting in billions in market capitalization loss [2][4]. - Stride and its executives are accused of misleading investors regarding core business metrics and operational stability, particularly in light of a platform upgrade failure that CEO James Rhyu admitted led to a "poor customer experience" [3][4]. Group 2: Specific Allegations - **Enrollment Fraud**: Stride allegedly retained "Ghost Students" to artificially inflate enrollment metrics, which contributed to an 11% stock drop upon partial disclosure of these practices [6]. - **Technology Catastrophe**: The company reportedly failed to disclose severe issues with a critical platform upgrade that blocked access for approximately 10,000 to 15,000 students, leading to a forecasted sales growth reduction to 5% from a historical 19%, triggering the 54% stock crash [7][8]. Group 3: Legal Proceedings and Investor Impact - The complaint seeks to recover losses for investors who purchased LRN securities during the Class Period from October 22, 2024, to October 28, 2025, holding Stride and its executives accountable for alleged misrepresentations [9]. - Hagens Berman is actively advising affected investors and emphasizes the importance of contacting them to discuss potential recovery options [10][11].
Stride, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – LRN
Globenewswire· 2025-12-29 21:26
NEW YORK, Dec. 29, 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 ...
INVESTOR ALERT: Stride, Inc. (LRN) Investors are Notified to Contact BFA Law about the Pending Securities Fraud Class Action by January 12 Deadline
TMX Newsfile· 2025-12-29 20:33
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 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]. - Stride's stock price dropped significantly due to these allegations, falling by $18.60 (over 11%) on September 15, 2025, and by $83.48 (over 54%) on October 29, 2025, following admissions of poor customer experience [5][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, under the case caption MacMahon v. Stride, Inc., et al. [3]. Financial Implications - Stride estimated that the issues led to approximately 10,000-15,000 fewer enrollments, resulting in a muted outlook compared to previous years [6].
LRN LAWSUIT: Did Stride, Inc. Mislead Investors? Contact BFA Law by January 12 Legal Deadline if You Suffered Losses
Globenewswire· 2025-12-29 14:07
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, under the case caption MacMahon v. Stride, Inc., et al. [3].
LRN REMINDER: Stride, Inc. Investors are Alerted of the Imminent January 12 Deadline and to Contact BFA Law if You Lost Money
TMX Newsfile· 2025-12-28 11:36
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]. - On October 28, 2025, Stride admitted to issues with customer experience, estimating a loss of 10,000-15,000 enrollments, which led to a further stock drop of $83.48 per share, over 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 filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Legal Representation - Bleichmar Fonti & Auld LLP is representing the plaintiffs in this class action and has a history of successful recoveries in securities litigation [8].
LRN STOCK NOTICE: Stride, Inc. Upgrade Issues Lead to Securities Class Action – Contact BFA Law before January 12 Legal Deadline
Globenewswire· 2025-12-27 12:48
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 claims 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 allegations 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 representing the class action [2][7].
Levi & Korsinsky Reminds Stride, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 – LRN
Globenewswire· 2025-12-26 21:56
Core Viewpoint - A class action securities lawsuit has been filed against Stride, Inc. for alleged securities fraud affecting investors between October 22, 2024, and October 28, 2025 [1] Group 1: Allegations Against Stride - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" [2] - It is alleged that Stride cut staffing costs by assigning teachers caseloads beyond statutory limits [2] - The company is accused of ignoring compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [2] - Whistleblowers who documented financial directives from Stride's leadership were reportedly suppressed to preserve profit margins [2] - The company allegedly lost existing and potential enrollments due to these practices [2] Group 2: Legal Process and Participation - Investors who suffered losses during the relevant time frame have until January 12, 2026, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the U.S. [4]
Bronstein, Gewirtz & Grossman LLC Urges Stride, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-26 17:00
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for alleged violations of federal securities laws during the Class Period from October 22, 2024, to October 28, 2025, impacting investors who purchased Stride securities during this time [1][2]. Group 1: Allegations Against Stride, Inc. - The Complaint alleges that Stride made misleading statements about its products and services aimed at educational institutions, claiming they were designed to help learners reach their full potential [3]. - Specific allegations include Stride's failure to comply with background checks and licensure laws for employees, neglecting federally mandated special education services, and suppressing whistleblowers who reported financial directives to delay hiring and deny services [3][8]. - Additional claims involve inflating enrollment numbers by retaining "ghost students" and cutting staffing costs by exceeding statutory limits on teachers' caseloads [8]. Group 2: Legal Proceedings and Investor Actions - Investors affected by the alleged misconduct are encouraged to join the class action lawsuit, with a deadline of January 12, 2026, to request appointment as lead plaintiff [4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only recover costs if the lawsuit is successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6]. - The firm emphasizes its commitment to restoring investor capital and ensuring corporate accountability to maintain market integrity [6].
Stride, Inc. (LRN) Investors are Notified that Company has been Sued for Securities Fraud after 50% Stock Drop and are Urged to Contact BFA Law
TMX Newsfile· 2025-12-26 13:36
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Virginia, titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019, and claims are made 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 [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," which led 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 - On September 14, 2025, a report of the lawsuit 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].
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Stride, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LRN
Globenewswire· 2025-12-25 19:57
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Stride, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for the Stride securities is from October 22, 2024, to October 28, 2025, inclusive [1] - Investors who purchased Stride securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 12, 2026 [2] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company and has been ranked highly for its performance in securities class actions [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3] Group 3: Case Allegations - The lawsuit alleges that Stride made misleading statements regarding its products and services, inflating enrollment numbers and cutting staff costs beyond statutory limits [4] - Stride's misrepresentations led to damages for investors when the true details about the company's operations were revealed [4]