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Class Action Alert for Stride, Inc. Investors

Investors in Stride, Inc. (NYSE: LRN) are encouraged to reach out to Robbins LLP for crucial information regarding the lead plaintiff deadline in a class action lawsuit. This case impacts all shareholders who acquired Stride shares between October 22, 2024, and October 28, 2025, as they may have been misled about the company's business practices.

Background of the Case

The lawsuit was initiated by Robbins LLP to address significant claims against Stride, Inc. that revolve around allegations of deceptive and fraudulent practices. The complaint asserts that Stride misrepresented its operational success and falsely inflated enrollment figures. As stated in the allegations, Stride purported to be a leader in technology-based education while allegedly engaging in unethical practices that have harmed investors and compromised educational standards.

Key Allegations

The complaint outlines several critical points:
1. Inflated Enrollment Numbers: Stride reportedly retained so-called 'ghost students' to misrepresent actual enrollment figures. This practice allegedly helped the company secure additional funding from state sources, a misleading representation of its educational impact.
2. Staffing Violations: Reports suggest that Stride reduced staff costs by assigning teachers caseloads that far exceeded statutory limits. This raises serious concerns about the quality of education provided to students.
3. Non-Compliance with Regulations: Stride is accused of ignoring essential compliance requirements, including mandatory background checks and the provision of federally mandated special education services.
4. Suppression of Whistleblowers: There have been accusations that the company stifled whistleblowers who attempted to highlight financial directives aimed at delaying hiring practices and denying necessary services to maintain profit margins.
5. Declining Enrollment: Stride experienced a drop in both existing and potential enrollments, drastically impacting their revenue and reputation.

Stock Impact

These allegations came to light following reports from the Gallup-McKinley County Schools Board of Education, which filed a complaint against Stride for fraud and deceptive practices. This news led to a significant drop in Stride's stock price, evidencing the direct impact of these accusations on shareholder value. On September 15, 2025, Stride's stock plummeted by 11.7%, culminating in a loss of approximately $18.60 per share. Further statements regarding poor customer experiences and their impact on retention rates exacerbated this decline, with an alarming 54% drop in stock value noted by October 29, 2025, following a projected loss of enrollment due to these ongoing issues.

Participation in the Class Action

Investors who purchased shares during the specified class period may be eligible to participate in this lawsuit. Interested shareholders who wish to serve as lead plaintiff must submit the required documentation to the court by January 12, 2026. The lead plaintiff plays a crucial role in guiding the litigation on behalf of the class.

It's essential to note that participation in the case is not mandatory to receive potential recovery; investors can choose to remain absent. Robbins LLP operates on a contingency fee basis, ensuring that no fees or expenses will be incurred by investors unless the case succeeds.

About Robbins LLP

Robbins LLP has a strong reputation in the field of shareholder rights litigation. Since 2002, the firm has committed itself to assisting shareholders in recovering losses and promoting accountability among corporate executives. They understand the complexities of these legal matters and advocate tirelessly for their clients.

To stay informed about the ongoing developments in the Stride, Inc. case, investors can contact Robbins LLP directly through email or by phone at (800) 350-6003. For those eager to receive updates on potential settlements or alerts on other corporate misconduct, signing up for Stock Watch is highly recommended.

This case serves as a reminder of the importance of investor vigilance and the crucial legal mechanisms available to ensure corporate accountability.