TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

LRN COURT REMINDER: Stride, Inc. Securities Fraud Deadline Approaching – Contact BFA Law before January 12

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bleichmar Fonti & Auld Llp
LRN COURT REMINDER: Stride, Inc. Securities Fraud Deadline Approaching – Contact BFA Law before January 12

A class action lawsuit has been filed against Stride, Inc. for securities fraud, alleging the education technology company inflated enrollment numbers with 'ghost students' and misrepresented business growth. The stock dropped over 65% following two major disclosures in September and October 2025 about fraudulent practices and poor customer experience. Investors have until January 12, 2026, to join the lawsuit.

Insights
NLYpJ   negative

High dividend yield is offset by significant risks including interest rate volatility, fluctuating earnings, inconsistent dividend payments, and high leverage (7.1x equity)


LRN   negative

Company faces securities fraud allegations involving inflated enrollment numbers, compliance violations, and misrepresentation of business performance. Stock experienced catastrophic declines of 11% and 54% following fraud disclosures, with estimated impact of 10,000-15,000 fewer enrollments.