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News  ›  GlobeNewswire Inc.

Bronstein, Gewirtz & Grossman LLC Urges Stride, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Stride, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Stride, Inc. (NYSE: LRN) alleging that the company made misleading statements about its educational products and services. The complaint claims Stride inflated enrollment numbers with 'ghost students,' exceeded teacher caseload limits, ignored compliance requirements including background checks and special education services, and suppressed whistleblowers. The class period covers October 22, 2024 to October 28, 2025, with a lead plaintiff deadline of January 12, 2026.

Insights
LRN   negative

The company faces serious allegations of securities fraud including enrollment inflation through 'ghost students,' staffing violations, compliance failures in background checks and special education services, and suppression of whistleblowers. These allegations suggest material misrepresentations to investors about the company's operations and financial health.

Keywords
#class action lawsuit #securities fraud #misleading statements #ghost students #enrollment inflation #compliance violations #whistleblower suppression #investor harm

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LRN
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