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News  ›  GlobeNewswire Inc.

LRN 3-DAY DEADLINE ALERT: Stride (LRN) Investors Encouraged to Contact Hagens Berman, Securities Class Action Pending Over Alleged Undisclosed Operational Failures

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Hagens Berman
LRN 3-DAY DEADLINE ALERT: Stride (LRN) Investors Encouraged to Contact Hagens Berman, Securities Class Action Pending Over Alleged Undisclosed Operational Failures

Hagens Berman is urging Stride, Inc. (LRN) investors to act before the January 12, 2026 deadline to join a securities class action lawsuit. The firm alleges Stride engaged in dual fraud: inflating enrollment figures using 'Ghost Students' and concealing a catastrophic technology platform failure that blocked access for 10,000-15,000 students. These disclosures triggered a 54% single-day stock crash, wiping out billions in market capitalization.

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LRN   negative

The company is accused of systematic fraud involving inflated enrollment metrics and concealment of a critical technology failure. The resulting 54% stock crash and billions in lost market capitalization, combined with allegations of misleading investors about core business metrics, represent severe operational and compliance failures.