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News  ›  GlobeNewswire Inc.

Portnoy Law Firm Announces Class Action on Behalf of Stride, Inc. Investors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Portnoy Law Firm
Portnoy Law Firm Announces Class Action on Behalf of Stride, Inc. Investors

The Portnoy Law Firm has announced a class action lawsuit on behalf of Stride, Inc. investors who purchased securities between October 22, 2024 and October 28, 2025. The lawsuit follows allegations of fraud and deceptive practices by Gallup-McKinley County Schools, and Stride's announcement of poor customer experience leading to 10,000-15,000 fewer enrollments. Stride's stock fell 54.37% on October 29, 2025 following the enrollment guidance reduction.

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Stride faces a class action lawsuit based on fraud allegations, deceptive practices, and inflated enrollment numbers. The company announced significant enrollment declines (10,000-15,000 fewer students) due to poor customer experience, resulting in a 54.37% stock price decline on October 29, 2025, indicating severe operational and legal challenges.