Stride Securities Fight Intensifies as Firms Urge Investors to Meet Jan. 12 Lead-Plaintiff Deadline

Overview

• National plaintiff firms, including Hagens Berman, issued fresh reminders that investors have until January 12, 2026 to seek lead-plaintiff status in the Stride case.
• Filed actions name Stride, Inc. and senior executives, with the lead case captioned MacMahon v. Stride, Inc., No. 1:25-cv-02019 in the U.S. District Court for the Eastern District of Virginia.
• The alleged class period runs from October 22, 2024 through October 28, 2025, covering disclosures that investors claim corrected prior statements about growth and operations.
• Complaints cite claims of inflated enrollment via “ghost students,” overextended teacher caseloads, ignored background and licensure rules, suppressed whistleblowers, lost enrollments, and a failed platform upgrade.
• Stride’s October 28, 2025 update referenced “poor customer experience” and an estimated 10,000–15,000 fewer enrollments, with shares falling about 54% the next day after earlier declines tied to a September 2025 report.