A class action lawsuit has been filed against Stride Inc. on behalf of investors who suffered losses between October 22, 2024, and October 28, 2025. The complaint alleges that Stride made false statements and concealed critical issues, including inflating enrollment numbers with "ghost students," assigning teachers caseloads beyond 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 raised concerns about financial directives to delay hiring and deny services to boost profit margins, ultimately leading to a loss of existing and potential enrollments. The litigation is being handled by the law firm Levi & Korsinsky.
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: 1123926) on January 05, 2026, and is solely responsible for the information contained therein.
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