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News  ›  GlobeNewswire Inc.

LRN INVESTORS: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Stride, Inc.

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kirby Mcinerney Llp
LRN INVESTORS: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Stride, Inc.

Stride, Inc. faces a securities class action lawsuit alleging misleading statements about enrollment numbers, staff costs, and compliance issues, resulting in significant stock price decline.

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The lawsuit alleges systematic misconduct including inflating enrollment numbers, cutting staff costs improperly, and ignoring compliance requirements. Stock price dropped 54.4% after announcing poor customer experience and reduced enrollments, indicating significant investor confidence loss.