Stride, Inc. (NYSE: LRN): Stride, Inc. is being investigated for securities fraud in connection with a significant drop in its stock price. BFA is investigating whether Stride violated the federal securities laws by making false and misleading statements to investors. Investors can file a class action lawsuit to potentially recover losses.
If you lost money on your investments in Stride, you are encouraged to submit your information.
Why Is Stride Being Investigated for Securities Fraud?
Stride is an education technology company that provides an online platform to students throughout the U.S. During the relevant period, Stride stated it was seeing “record demand” for its products and services and that its customers and potential customers “continue to choose us in record numbers.” Stride also told investors it was continuing to invest in its career platform and programs.
In truth, it appears Stride was in the midst of severely unpopular platform changes that resulted in admittedly poor customer experiences and that drove students away from the platform.
Why Did Stride’s Stock Drop?
On October 28, 2025, Stride revealed that its growth rate fell short of expectations because of poorly executed upgrades to its learning and technology platforms. The Company stated that the upgrades created a “poor customer experience” that resulted in “higher withdrawal rates,” “lower conversion rates,” and drove students away. Stride estimated the impact caused approximately 10,000-15,000 fewer enrollments and stated that, because of this, its outlook is “muted” compared to prior years. On this news, the price of Stride stock dropped over 50% during the course of trading on October 29, 2025.
Contact Us:
If you lost money when Stride securities dropped in price, you are encouraged to submit your information using the form on this page to speak with an attorney about your rights.
You can also contact:
Ross Shikowitz
ross@bfalaw.com
212.789.3619
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of any class action lawsuit. The firm will seek court approval for any potential fees and expenses.
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
Attorney advertising. Past results do not guarantee future outcomes.
