Stride Investors Face Jan. 12 Deadline in Enrollment-Fraud Class Action

Overview

• The suit, filed in the U.S. District Court for the Eastern District of Virginia, covers investors who bought Stride securities between October 22, 2024 and October 28, 2025.
• Complaints allege Stride overstated student counts using “ghost students” and issued misleading statements about operations and compliance.
• Plaintiffs also cite failures including skipped background checks, teacher caseloads beyond statutory limits, and suppression of whistleblower reports.
• On October 28, 2025, Stride reported customer‑experience problems that led to an estimated 10,000–15,000 fewer enrollments, and the stock fell 54% the next day.
• Notices from Bernstein Liebhard, DJS Law Group, and The Schall Law Firm say the class is not yet certified and set January 12, 2026 as the lead‑plaintiff motion deadline.