Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws.
Stride is an education management organization that provides online education designed as an alternative to traditional “brick and mortar” education for public school students, as well as career learning programs.
After the market closed on October 28, 2025, Stride reported a financial outlook for the fiscal year 2026 that failed to meet analysts’ expectations. During the Company’s earnings call, Stride’s CEO stated that its 2026 sales growth projections were impacted by major issues in implementing an upgraded version of its online platform over the summer. Stride’s CEO also stated that “poor customer experience” resulted in “higher withdrawal” and “lower conversion” rates than the Company previously expected.
Following this news, Stride’s stock price fell 54%, to a closing price of $70.05 per share on October 29, 2025.
CONTACT:
Mandeep S. Minhas
Scott+Scott Attorneys at Law LLP
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