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News  ›  GlobeNewswire Inc.

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Stride

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Faruqi & Faruqi, Llp
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Stride

A securities class action has been filed against Stride, Inc. (NYSE: LRN) alleging the company made false statements about its products and services while inflating enrollment numbers, cutting costs improperly, and ignoring compliance requirements. The allegations emerged after a September 2025 complaint from Gallup-McKinley County Schools and October 2025 earnings revelations of enrollment challenges, causing significant stock price declines of 11.7% and up to 51% respectively.

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LRN   negative

The company faces serious allegations of fraud, including inflating enrollment numbers with 'ghost students,' improper cost-cutting, and compliance violations. Stock price declined 11.7% on initial fraud allegations and up to 51% following earnings revelations of enrollment challenges and execution issues, resulting in a federal securities class action lawsuit.