SAN FRANCISCO, Jan. 09, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is issuing a reminder to investors in Stride, Inc. (NYSE: LRN) that the deadline to move the Court for appointment as lead plaintiff in the pending securities class action lawsuit is January 12, 2026. The firm urges investors who suffered substantial losses in LRN to contact Hagens Berman now to discuss their rights. The lawsuit seeks to recover investor losses sustained after the purported disclosure of two ...

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its operational practices and financial health during the class period from October 22, 2024, to October 28, 2025 [7]. Allegation Details - The lawsuit claims that Stride falsely represented itself as a leading technology-based education company, while in reality, it was inflating enrollment numbers, cutting staffing costs, ignoring compliance requirements, suppressing whistleblowers, and losing enrollments [7]. - Specific allegations include retaining "ghost students," assigning excessive caseloads to teachers, neglecting background checks and special education services, and financial directives aimed at preserving profit margins [7]. Next Steps - Investors who purchased Stride securities during the class period and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [4][6]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is January 12, 2026 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm specializing in representing individual and institutional investors in securities litigation [5]. - The firm operates nationwide and handles cases in both federal and state courts [5].

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misrepresenting its product performance and integrity, leading to investor losses during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Stride securities from October 22, 2024, to October 28, 2025 [1][2]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff representatives [2]. - Allegations include overstating enrollment figures, reducing staff costs beyond legal limits, failing to meet compliance standards, and losing key enrollments while assuring investors of a commitment to personalized learning [3]. Group 2: Company Overview - Stride, Inc. is an education technology company based in Reston, Virginia, providing digital learning programs and instructional support to public and private schools [2]. - The company has faced significant scrutiny due to the claims made in the lawsuit, which could impact its reputation and stock performance [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]. 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, an education technology company, allegedly inflated enrollment numbers by retaining "ghost students," ignored compliance requirements, and provided a poor customer experience, leading to higher withdrawal rates and lower conversion rates [4]. - The company claimed to be experiencing growth and strong demand for its products, which contrasts with the allegations of inflated metrics [4]. Group 3: Stock Performance Impact - On September 14, 2025, a report of the fraud allegations caused Stride's stock to drop by $18.60 per share, or 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, or more than 54%, from $153.53 to $70.05, with an estimated impact of 10,000-15,000 fewer enrollments [6].

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Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for allegedly misleading investors regarding its operations and financial performance during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Stride securities from October 22, 2024, to October 28, 2025 [1][2]. - Allegations include inflated enrollment numbers, staffing cuts below statutory limits, non-compliance with requirements, and concealment of enrollment losses [3]. Group 2: Impact on Share Price - The truth about Stride's operations was revealed on September 14, 2025, when a school district sued the company for fraud and deceptive practices [4]. - On October 28, 2025, Stride announced that "poor customer experience" led to higher withdrawal rates and fewer enrollments, causing a significant decline in share price [4].

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]. - On October 28, 2025, Stride admitted to poor customer experience, resulting in an estimated 10,000-15,000 fewer enrollments, leading to a stock price 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, under the caption MacMahon v. Stride, Inc., et al. [3].

SAN FRANCISCO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is issuing a reminder to investors in Stride, Inc. (NYSE: LRN) that the deadline to move the Court for appointment as lead plaintiff in the pending securities class action lawsuit is January 12, 2026. The firm urges investors who suffered substantial losses in LRN to contact Hagens Berman now to discuss their rights. The lawsuit seeks to recover investor losses sustained after the purported disclosure of two ...

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. on behalf of investors who purchased its securities during the specified class period, highlighting potential legal challenges for the company [1][2]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague on behalf of investors who bought Stride securities from October 22, 2024, to October 28, 2025 [1]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Company Performance and Issues - Stride, Inc. faced a lawsuit from a school district for fraud and deceptive trade practices reported on September 14, 2025 [3]. - On October 28, 2025, Stride announced that "poor customer experience" led to increased withdrawal rates and decreased enrollments, negatively impacting its stock price [3].