A class action lawsuit has been filed against Stride Inc., alleging that the company engaged in securities fraud between October 22, 2024 and October 28, 2025. The complaint accuses Stride of inflating enrollment numbers by retaining "ghost students," cutting staffing costs by assigning teachers workloads that exceeded statutory limits, and failing to comply with background checks, licensure laws, and federally mandated special education services. The lawsuit also claims that Stride suppressed whistleblowers who exposed financial directives to delay hiring and deny services in order to preserve profit margins, and asserts that these practices led to the loss of existing and potential enrollments. The legal action seeks to recover losses suffered by investors during the specified period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stride Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1119006) on December 18, 2025, and is solely responsible for the information contained therein.
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