LEAD PLAINTIFF DEADLINE IS JANUARY 12, 2026.
If you have suffered losses and would like to discuss your rights, please fill out this form or you may contact Jonathan Naji, Esq. at (484) 270-1453 or via e-mail at info@ktmc.com.
Case Background:
A class action lawsuit was filed on behalf of those who purchased or otherwise acquired Stride, Inc. (“Stride”) (NYSE: LRN) securities between October 22, 2024 and October 28, 2025, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Stride was inflating student enrollment numbers by retaining “ghost students” on the rolls to secure more state funding, while also losing existing and potential enrollments; (2) teachers were assigned caseloads far beyond statutory limits as Stride cut staffing costs; (3) Stride failed to comply with certain requirements including employee background checks and license laws, as well as federally mandated special education services for students; (4) whistleblowers that documented financial directives from Stride’s leadership to delay hiring and deny services were suppressed; and (5) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
What is a Lead Plaintiff?
A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Filling out the online form above or communicating with any counsel is not necessary to participate or share in any recovery achieved in this case. Any member of the purported class may move the court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member.