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

News  ›  GlobeNewswire Inc.

LRN INVESTOR LOSSES: Stride, Inc. Investors May have been Affected by Fraud – Contact BFA Law by January 12 to Protect Your Rights

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bleichmar Fonti & Auld Llp
LRN INVESTOR LOSSES: Stride, Inc. Investors May have been Affected by Fraud – Contact BFA Law by January 12 to Protect Your Rights

A class action lawsuit has been filed against Stride, Inc. (NYSE: LRN) for securities fraud, alleging the education technology company inflated enrollment numbers by retaining 'ghost students' and ignored compliance requirements. The allegations led to significant stock drops: 11% in September 2025 after fraud complaints emerged, and 54% in October 2025 after the company admitted to poor customer experience causing 10,000-15,000 fewer enrollments. Investors have until January 12, 2026, to join the lawsuit.

Insights
LRN   negative

The company faces a securities fraud class action lawsuit for allegedly inflating enrollment numbers and ignoring compliance requirements. Stock experienced severe declines of 11% and 54% following fraud allegations and admissions of poor customer experience, resulting in significant enrollment losses and reduced business outlook.