Stride Investors Face Jan. 12 Deadline to Seek Lead Plaintiff Role in Securities Case

Overview

• A federal securities lawsuit, MacMahon v. Stride, Inc. (No. 25-cv-02019), is pending in the Eastern District of Virginia against Stride and certain executives.
• The putative class covers purchases from October 22, 2024 through October 28, 2025, and investors have until January 12, 2026 to seek appointment as lead plaintiff.
• Complaints allege inflated enrollments through retained “ghost students,” teacher caseloads beyond statutory limits, ignored background checks and special education obligations, and suppression of whistleblowers.
• Filings reference a September 14, 2025 school‑district complaint and Stride’s October 28 disclosure of an estimated 10,000–15,000 fewer enrollments with a muted outlook.
• Notices highlight share drops of about 12% in mid‑September and 54% on October 29, 2025, as firms including Robbins Geller, Frank R. Cruz, and Kirby McInerney solicit affected investors; the allegations have not been adjudicated.