Stride, Inc. Class Action Lawsuit - LRN

According to the filed complaint, defendants made false statements and/or concealed that Stride was (1) inflating enrollment numbers by retaining “ghost students”; (2) cutting staffing costs by assigning teachers’ caseloads far beyond the required statutory limits; (3) ignoring compliance requirements, including background checks and licensure laws for its employees, and ignoring federally mandated special education services to students; (4) suppressing whistleblowers who documented financial directives from Stride’s leadership to delay hiring and deny services to preserve profit margins; and (5) losing existing and potential enrollments.

In order to be eligible to join the LRN class action lawsuit, you must have incurred a loss on shares of Stride purchased during the class period listed above.

If you suffered a loss in Stride during the relevant time frame or pursuant to the relevant offering(s), you have until January 12, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.