Investors who have lost money should contact Stride, Inc

BOSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) — Block & Leviton is investigating Stride, Inc. (NYSE: LRN) for possible violations of securities laws. Investors who have lost money investing in Stride, Inc. should contact the company to learn more about how they can recover those losses. For more information, see

What is this about?

Stride shares fell 5% on October 16, 2024 after a report from Fuzzy Panda Research claimed that Stride inflated its profits by misleading investors about the impact of federal COVID-19 relief funds . The report claims that more than 25% of Stride’s EBITDA came from Elementary and Secondary School Emergency Relief (ESSER) funds that expired in September 2024. Additionally, the report also accuses Stride of hiding “ghost students” and failing to disclose schools leaving the company, along with allegations of overbilling and fraudulent reimbursement claims. Block & Leviton is investigating these claims.

Who is eligible?

Anyone who has purchased Stride, Inc. common stock and experienced a decline in their shares may be eligible, whether or not they sold their investment. Investors should contact Block & Leviton to learn more.

What does Block & Leviton do?

Block & Leviton is investigating whether the company committed violations of securities laws and may file a lawsuit to recover losses on behalf of investors who lost money.

What should you do next?

If you have lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (888) 256-2510.

Whistleblowers?

If you have nonpublic information about Stride, Inc., you should consider assisting with our investigation or working with our attorneys to file a report with the Securities Exchange Commission as part of their whistleblower program. Whistleblowers who provide original information to the SEC may receive a reward of up to 30% for each successful recovery. For further information, contact Block & Leviton at [email protected] or by telephone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely considered one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and strive to achieve significant recoveries on behalf of our clients through active litigation in federal courts across the country. Many of the country’s leading institutional investors hire us to represent their interests. You can learn more about us at our website www.blockleviton.com, call (888) 256-2510 or email [email protected] with any questions.

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CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: [email protected]