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 ...

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].

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 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 [4]. - Stride's stock price dropped significantly due to these allegations, falling by $18.60 (over 11%) from $158.36 to $139.76 per share on September 15, 2025, after a fraud complaint was reported [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 price drop of $83.48 (over 54%) from $153.53 to $70.05 per share on October 29, 2025 [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].

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its operations and financial performance during the 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]. Disclosure of Information - Investors became aware of the issues on September 14, 2025, when a report revealed that a school district had sued Stride for fraud and deceptive trade practices. On October 28, 2025, Stride announced that "poor customer experience" led to increased withdrawal rates and decreased enrollments, resulting in a significant decline in share price [4].

NEW YORK, Dec. 18, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Stride, Inc. (NYSE: LRN). Shareholders who purchased shares of LRN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stride-inc-loss-submission-form-3/?id=180689&from=4  CLASS PERIOD: October 22, 2024 to Octob ...

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].

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its products and services, leading to significant financial losses for shareholders [3]. Group 1: Lawsuit Details - The lawsuit covers investors who purchased securities from October 22, 2024, to October 28, 2025, alleging that Stride made false statements about its educational products and services [3]. - Allegations include inflating enrollment numbers, excessive staff cost cuts, and non-compliance with legal requirements, which misled investors about the company's performance [3]. Group 2: Impact of Allegations - On September 14, 2025, a complaint was filed by the Gallup-McKinley County Schools Board against Stride, claiming fraud and deceptive practices, which led to a share price drop of $18.60, or approximately 11.7%, from $158.36 to $139.76 [4]. - Following an announcement on October 28, 2025, regarding poor customer experience leading to a loss of 10,000-15,000 enrollments, Stride's share price plummeted by $83.48, or about 54.4%, from $153.53 to $70.05 [5].

Core Viewpoint - The Gross Law Firm is notifying shareholders of Stride, Inc. regarding a class action lawsuit due to allegations of misleading practices that inflated enrollment numbers and compromised compliance with educational regulations [1][3]. Group 1: Allegations Against Stride, Inc. - Stride, Inc. is accused of inflating enrollment figures by retaining "ghost students" [3]. - The company allegedly cut staffing costs by assigning teachers caseloads beyond statutory limits [3]. - Stride is claimed to have ignored compliance requirements, including background checks and licensure laws for employees, as well as federally mandated special education services [3]. - The firm is also accused of suppressing whistleblowers who reported financial directives aimed at delaying hiring and denying services to maintain profit margins [3]. - These actions reportedly led to a loss of existing and potential enrollments [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as October 22, 2024, to October 28, 2025 [3]. - Shareholders are encouraged to register for the class action by January 12, 2026, to be eligible for potential recovery [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices [5]. - The firm emphasizes its commitment to ensuring companies engage in responsible business practices and good corporate citizenship [5].

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 alleged to be misleading [4]. Group 3: Stock Performance 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, with an estimated impact of 10,000-15,000 fewer enrollments [6].

Core Insights - The online education and E-learning market is experiencing significant growth driven by increased adoption in K-12, higher education, workforce training, and corporate learning, with companies like Stride, Inc. and Coursera, Inc. benefiting from this trend [1][2] Group 1: Stride, Inc. (LRN) - Stride focuses on the U.S. market, offering K-12 virtual schooling and career learning programs, aligning with the shift towards hybrid education models [3][4] - In Q1 of fiscal 2026, Stride's Career Learning segment revenues grew 16.3% year-over-year to $257.8 million, with enrollments increasing by 20%, outpacing the General Education segment's growth of 10.2% [5] - Stride has launched a free one-on-one tutoring program for second and third graders, indicating strong community support and engagement [6] - However, Stride faced technical issues with new platforms, resulting in 10,000-15,000 fewer enrollments than expected, which may impact near-term prospects [7] Group 2: Coursera, Inc. (COUR) - Coursera operates a global business model supported by subscriptions and AI integration, with its Consumer segment revenues growing 9% year-over-year to $370.7 million in the first nine months of 2025 [8][9] - The company has introduced new offerings like Skills Tracks and AI-powered Course Builder, enhancing its value proposition and learner outcomes [11] - Coursera's scalable subscription model and strong cash flow generation position it well for long-term growth, despite facing macro uncertainties in corporate spending [12][13] - The company has maintained its earnings estimates for 2025 and 2026, reflecting year-over-year growth of 14.7% and 16.1%, respectively [20] Group 3: Stock Performance & Valuation - In the past six months, Coursera's share price performance has outperformed Stride's, although both stocks show a declining trend [14] - Stride is trading at a discount compared to Coursera, which has a premium valuation despite slowing growth momentum [15][17] - Both stocks currently hold a Zacks Rank 3 (Hold), but Coursera is viewed as a more compelling investment opportunity compared to Stride [23]