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LRN STOCK NOTICE: Stride, Inc. Upgrade Issues Lead to Securities Class Action – Contact BFA Law before January 12 Legal Deadline

GlobeNewswire Inc. • Dec 27, 2025 7:48am (New York) •By Bleichmar Fonti & Auld Llp

LRN STOCK NOTICE: Stride, Inc. Upgrade Issues Lead to Securities Class Action – Contact BFA Law before January 12 Legal Deadline

A class action lawsuit has been filed against Stride, Inc. (NYSE: LRN) for securities fraud, alleging the company inflated enrollment numbers by retaining 'ghost students' and misrepresented business growth. The allegations led to significant stock declines: an 11% drop in September 2025 following fraud complaints, and a 54% plunge 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.

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Insights

BMLpG neutral

Buffett trimmed the position by 26.3 million shares, suggesting a measured approach to the financial sector

LRN negative

The company faces securities fraud allegations for inflating enrollment numbers and making false statements about business growth. Stock prices dropped significantly (11% in September, 54% in October 2025) following revelations of poor customer experience, higher withdrawal rates, and compliance violations. These factors indicate serious operational and legal challenges.

Keywords

#securities fraud #class action lawsuit #inflated enrollment #ghost students #stock decline #misleading statements #customer experience #compliance violations

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LRN

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