13 Nov 2025

Berger Montague Investigating Claims on Behalf of Stride Investors After Class Action Filing

"Berger Montague PC is investigating claims on behalf of investors who purchased Stride, Inc. (NYSE: LRN) securities following a class action alleging that Stride inflated enrollments, reduced staffing below statutory limits, disregarded compliance, and concealed enrollment losses. Disclosures in September and October 2025 prompted significant share declines. Investors may seek lead-plaintiff status by January 12, 2026."

Berger Montague PC represented investors who purchased Stride, Inc. (NYSE: LRN) securities during the identified class period in connection with a class action filed against the company. The action concerns a class period from October 22, 2024 through October 28, 2025. The complaint alleges that Stride misled investors about its operations and financial performance by inflating enrollment numbers, reducing staffing below statutory limits, disregarding compliance requirements, and concealing losses of enrollments. The complaint states that the truth began to emerge on September 14, 2025, when a report disclosed that a school district had sued Stride for fraud and deceptive trade practices, and that on October 28, 2025 the company announced that poor customer experience had led to higher withdrawal rates and fewer enrollments. According to the complaint, both revelations caused Stride’s share price to decline materially. Stride, headquartered in Reston, Virginia, is described in the filing as an education technology company that provides online learning programs, curricula, and support services to schools and districts nationwide. Investors who purchased Stride securities during the class period were advised that they may seek appointment as lead plaintiff no later than January 12, 2026. Berger Montague PC represented investors who purchased Stride securities with a team composed by: Andrew Abramowitz, Senior Counsel; Caitlin Adorni, Director of Portfolio & Institutional Client Monitoring Services.
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