Johnson Fistel Investigates Stride; Shareholders Encouraged to Contact the Firm to Discuss Their Rights
Shareholder rights law firm Johnson Fistel, PLLP is investigating whether Stride, Inc. (NYSE: LRN) or any of its executive officers violated securities laws by misrepresenting or failing to disclose material information to investors.
What is Johnson Fistel Investigating?
On September 14, 2025, Simply Wall St. published that the Gallup-McKinley County Schools Board of Education had filed a complaint against Stride, accusing the company of fraud, deceptive trade practices, and various legal violations, including the retention of “ghost students” to artificially inflate enrollment figures for state funding and neglecting essential compliance requirements such as employee background checks and licensure. Following this news Stride’s stock price, 11.75%.
Then on October 28, 2025, Stride reported Q1 financial results and forecasts for Q2 and the year ahead led to a 43% drop in shares during early morning trading.
What if I purchased Stride securities?
If you purchased securities and suffered significant losses on your investment, join our investigation now:
Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.
There is no cost or obligation to you