Business
Class Action Filed Against Stride, Inc. for Alleged Misconduct
A class action lawsuit has been initiated against Stride, Inc. (NYSE: LRN) on behalf of investors who acquired Stride securities between October 22, 2024, and October 28, 2025. The law firm Berger Montague PC announced this development on November 19, 2025, highlighting allegations that the education technology company misrepresented key aspects of its business during the specified period.
The lawsuit claims that Stride, based in Reston, Virginia, overstated its enrollment figures and reduced staffing costs beyond legal limits. Additionally, it is alleged that the company failed to meet compliance standards and lost significant enrollments, all while assuring investors of its dedication to personalized learning. As these issues came to light, Stride’s stock price reportedly declined, leading to considerable losses for investors.
Investor Participation and Deadlines
Investors who purchased Stride securities during the class period are eligible to apply as lead plaintiff representatives of the class. They must do so by January 12, 2026. Interested parties can find more information about their rights through the firm’s website.
For those seeking further details regarding the lawsuit, they may contact Andrew Abramowitz, a Senior Counsel at Berger Montague, at (215) 875-3015 or via email at [email protected]. Alternatively, Caitlin Adorni, Director of Portfolio & Institutional Client Monitoring Services, can also be reached at (267) 764-4865 or [email protected].
About Berger Montague
Founded over 55 years ago, Berger Montague is recognized as one of the leading law firms in the United States specializing in complex civil litigation, including class actions and mass torts. The firm has achieved over $2.4 billion in post-trial judgments in 2025, establishing itself as a prominent player in various legal fields such as antitrust, consumer protection, and securities law. Berger Montague has recovered more than $50 billion for its clients and the classes they represent, with a strong presence across multiple cities, including Chicago, Minneapolis, San Diego, and Washington, D.C..
This lawsuit underscores the legal scrutiny surrounding Stride, as investors seek accountability for the alleged discrepancies regarding the company’s performance metrics. As the case progresses, more information is likely to emerge, further impacting the company’s standing in the market.
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