TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

Enrollment Drop, Compliance Allegations Fuel Stride (LRN) Shareholder Lawsuit – Hagens Berman

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Hagens Berman
Enrollment Drop, Compliance Allegations Fuel Stride (LRN) Shareholder Lawsuit – Hagens Berman

Stride Inc., an online educational services provider, is accused of misleading investors by inflating enrollment numbers, cutting staffing costs improperly, and ignoring compliance requirements, leading to a significant stock price decline.

Insights
LRN   negative

Company accused of fraudulent practices, inflating student enrollments, violating legal requirements, suppressing whistleblowers, and experiencing significant enrollment and stock price declines