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STRIDE LAWSUIT: Stride, Inc. (LRN) Hit with Securities Class Action after 50% Stock Drop, Contact BFA Law if You Suffered Losses
TMX Newsfile· 2025-12-22 12:18
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 [3]. - The lawsuit is titled MacMahon v. Stride, Inc., et al., No. 1:25-cv-02019 [3]. Legal Representation - Bleichmar Fonti & Auld LLP is representing the plaintiffs in this class action and has a strong track record in securities class actions [8].
The Gross Law Firm Reminds Stride, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 - LRN
Prnewswire· 2025-12-22 09:00
Core Viewpoint - Stride, Inc. is facing allegations of fraudulent practices, including inflating enrollment numbers and neglecting compliance requirements, leading to a class action lawsuit by shareholders [1][2]. Group 1: Allegations Against Stride, Inc. - The complaint alleges that Stride inflated enrollment numbers by retaining "ghost students" [1]. - It is claimed that Stride cut staffing costs by assigning teachers caseloads beyond statutory limits [1]. - The company allegedly ignored compliance requirements, including background checks and special education services [1]. - Whistleblowers reported that Stride's leadership directed financial practices to delay hiring and deny services to maintain profit margins [1]. - The actions reportedly resulted in a loss of existing and potential enrollments [1]. Group 2: Class Action Details - The class period for the lawsuit is from October 22, 2024, to October 28, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially become lead plaintiffs [2]. - Participants will receive updates through a portfolio monitoring software once registered [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions by companies [3].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at Stride
Businesswire· 2025-12-21 14:54
NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Stride, Inc. ("Stride†or the "Company†) (NYSE: LRN). Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. On September 14, 2025, Simply Wall St. published a report stating that the Gallup-Mc ...
LRN COURT REMINDER: Stride, Inc. Securities Fraud Deadline Approaching – Contact BFA Law before January 12
Globenewswire· 2025-12-21 11:54
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][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 acknowledged that poor customer experience led to an estimated 10,000-15,000 fewer enrollments, causing its 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].
LRN SHAREHOLDERS: Stride, Inc. Class Action Deadline is Approaching, Investors Notified to Contact BFA Law by January 12
TMX Newsfile· 2025-12-20 11:17
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]. 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 investors have until January 12, 2026, to seek lead plaintiff status [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Stride securities [3]. Group 2: Allegations Against Stride - Stride, an education technology company, 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 challenged by the allegations of misleading statements [4]. Group 3: Stock Performance Impact - Following the fraud allegations reported on September 14, 2025, Stride's stock dropped by $18.60 per share, over 11%, from $158.36 to $139.76 [5]. - On October 28, 2025, Stride acknowledged that poor customer experience led to an estimated 10,000-15,000 fewer enrollments, resulting in a further stock decline of $83.48 per share, over 54%, from $153.53 to $70.05 [6].
Did You Lose Money in Stride, Inc.? Contact Robbins LLP for Information About Your Rights Against LRN.
Businesswire· 2025-12-19 20:11
Core Viewpoint - Stride, Inc. (NYSE: LRN) is facing a class action lawsuit for allegedly misleading investors regarding its operations and performance during the specified class period from October 22, 2024, to October 28, 2025 [1] Company Overview - Stride, Inc. is a technology company that provides an education platform aimed at delivering online learning to students across the United States [1] Legal Context - A class action has been filed on behalf of all investors who purchased or acquired Stride shares during the class period, indicating potential legal challenges for the company [1]
SHAREHOLDER ALERT: Berger Montague Reminds Stride, Inc. (LRN) Investors of Class Action Lawsuit Deadline
TMX Newsfile· 2025-12-19 17:36
Group 1 - A class action lawsuit has been filed against Stride, Inc. on behalf of investors who purchased securities during the period from October 22, 2024, to October 28, 2025 [1][3] - The lawsuit alleges that Stride misrepresented the performance and integrity of its products and services, overstating enrollment figures and failing to meet compliance standards [3] - The company is accused of reducing staff costs beyond legal limits and losing key enrollments while assuring investors of its commitment to personalized learning [3] Group 2 - Investors who purchased Stride securities during the class period have until January 12, 2026, to seek appointment as lead plaintiff representative [2] - Stride is an education technology company based in Reston, Virginia, providing digital learning programs and instructional support to public and private schools [2]
STRIDE INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of LRN
Globenewswire· 2025-12-19 14:50
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Stride, Inc. for alleged violations of federal securities laws, encouraging affected investors to contact them before the January 12, 2026 deadline for lead plaintiff applications in a federal securities class action [1][3]. Group 1: Allegations Against Stride - The complaint alleges that Stride and its executives made false or misleading statements and failed to disclose critical information regarding their products and services to educational institutions [3]. - Stride is accused of inflating enrollment numbers, excessively cutting staff costs, ignoring compliance requirements, and losing both existing and potential enrollments [3]. Group 2: Impact of Allegations - Following a report of fraud and deceptive practices by the Gallup-McKinley County Schools Board of Education, Stride's stock price dropped by $18.60, or 11.7%, closing at $139.76 per share on September 15, 2025 [4][5]. - On October 28, 2025, Stride reported limiting enrollment growth due to execution issues, resulting in 10,000 to 15,000 fewer enrollments, which led to a further stock price decline of up to 51% during intraday trading on October 29, 2025 [6].
Levi & Korsinsky Notifies Shareholders of Stride, Inc. (LRN) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-12-19 14:00
NEW YORK, Dec. 19, 2025 /PRNewswire/ -- 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-3? ...
LRN LEGAL NOTICE: Lose Money on Stride, Inc.? You may have been Affected by Fraud and are Urged to Contact BFA Law by January 12 Deadline
Globenewswire· 2025-12-19 12:18
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][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 per share (over 11%), from $158.36 to $139.76, following reports of fraud and deceptive practices [4]. - On October 28, 2025, Stride acknowledged that poor customer experience led to an estimated 10,000-15,000 fewer enrollments, resulting in a stock price decline of $83.48 per share (over 54%), from $153.53 to $70.05 [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].