Stride Securities Lawsuit: Investors Face Jan. 12 Deadline to Seek Lead-Plaintiff Role

New investor notices highlight alleged enrollment inflation tied to sharp post‑disclosure stock losses.

Overview

Bleichmar Fonti & Auld, Levi & Korsinsky, and Hagens Berman are urging Stride shareholders to move for lead‑plaintiff appointment by January 12, 2026.
The federal case is pending in the Eastern District of Virginia as MacMahon v. Stride, Inc., No. 1:25‑cv‑02019.
Filed complaints under Sections 10(b) and 20(a) allege use of "ghost students," excessive teacher caseloads, ignored background and licensure rules, curtailed special‑education services, and suppressed whistleblowers.
On October 28, Stride acknowledged a "poor customer experience" tied to platform issues, estimating 10,000–15,000 fewer enrollments and describing its outlook as muted.
Stride’s shares fell over 11% after a mid‑September report and then 54% on Oct. 29 following the disclosure, with at least one complaint defining a class period of Oct. 22, 2024 to Oct. 28, 2025.