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News  ›  GlobeNewswire Inc.

Stride (LRN) Investor Lawsuit: Investors Face Jan. 12 Lead Plaintiff Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Reed Kathrein
Stride (LRN) Investor Lawsuit: Investors Face Jan. 12 Lead Plaintiff Deadline

Investor rights law firm Hagens Berman is investigating Stride for allegedly misleading investors by inflating enrollment figures, concealing operational failures, and causing significant stock losses through deceptive practices.

Insights
BMLpG   neutral

Mentioned as previous employer of new executive, with no direct commentary about the bank's performance


LRN   negative

Company accused of artificially inflating enrollment, ignoring compliance standards, and concealing major technical issues that led to a 54% stock price crash. Facing a class action lawsuit alleging deliberate investor deception.