合伙人 Reed Kathrein 正在审查所谓 “幽灵学生” 招生欺诈与灾难性平台升级之间的损害联系
, /PRNewswire/ -- 全国股东权益法律事务所 Hagens Berman 提醒 Stride, Inc. (NYSE: LRN) 的投资者，针对 Stride 及其部分高管的证券集体诉讼正在进行中。该诉讼旨在追回在声称披露了虚假的招生数据和灾难性的技术故障后，投资者遭受的巨大损失。
具体而言，诉讼指控 Stride 通过夸大招生数据（使用 “幽灵学生”）来误导投资者，并未披露困扰其关键平台升级的严重运营故障，这直接导致了股票的惊人崩溃。
“Stride 案件指控了一种复合欺骗：首先，声称夸大招生数字，其次，随之而来的运营故障切断了数万名付费学生的访问，” Hagens Berman 合伙人 Reed Kathrein 说，他正在领导对这些指控的调查。“我们特别关注将公司所称的不当行为与 54% 单日股价崩溃及投资者遭受的总损失之间的直接因果关系。我们敦促在 LRN 中遭受重大损失的投资者立即联系 Hagens Berman 以讨论他们的权利。”
法律分析：复合欺骗与财务因果关系
投诉详细说明了两个不同的、未披露的运营故障如何纠正市场对 Stride 真实财务健康状况的误解，导致市场资本化的巨大损失。
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>涉嫌欺诈机制/事件</td>
<td>指控及财务影响</td>
<td>关键法律问题</td>
</tr>
<tr>
<td>第一次涉嫌失败：招生欺诈</td>
<td>据称保留 “幽灵学生” 以夸大招生数字，导致在首次披露声称真相后股票下跌 11%。</td>
<td>公司是否误报核心业务指标： 公司是否夸大了招生数字并错误陈述了学生与教师的比例？</td>
</tr>
<tr>
<td>第二次涉嫌失败：技术崩溃</td>
<td>据称未能披露关键 平台升级 的严重问题，导致超过 10,000 名注册学生无法访问，抑制了增长并需要补救。</td>
<td>公司是否隐瞒了运营故障： 公司是否故意未披露声称灾难性的技术推出及其运营影响？</td>
</tr>
<tr>
<td>涉嫌损害 (2025 年 10 月 28 日)</td>
<td>在第二次披露时，股票崩溃 54%，显示出未披露的运营故障的真实严重性。</td>
<td>投资者是否有权获得赔偿： Stride 投资者是否有权获得因被告的复合错误陈述和遗漏而导致的损失？</td>
</tr>
</tbody>
</table>
下一步：今天联系合伙人 Reed Kathrein
Hagens Berman 是一家领先的原告诉讼事务所，为投资者获得了可观的赔偿。
Kathrein 先生 正在积极建议在集体诉讼期间（2024 年 10 月 22 日–2025 年 10 月 28 日）购买 LRN 股票并因涉嫌未披露的 “幽灵学生” 保留计划和运营故障而遭受重大损失的投资者。
主要原告截止日期为 2026 年 1 月 12 日。
请使用下面的安全表单提交您的 STRIDE (LRN) 损失：
<ul>
<li>立即提交您的 Stride (LRN) 投资损失</li>
<li>联系： Reed Kathrein，电话 844-916-0895 或发送电子邮件至 [email protected]</li>
</ul>
如果您想了解更多信息并获取有关 Stride 案件及我们调查的常见问题的答案，请阅读更多 »
举报人： 了解 Stride 的非公开信息的人士应考虑他们在调查中提供帮助或利用 SEC 举报人计划的选项。根据新计划，提供原始信息的举报人可能会获得高达 SEC 成功追回金额 30% 的奖励。有关更多信息，请致电 Reed Kathrein，电话 844-916-0895 或发送电子邮件至 [email protected]。
关于 Hagens Berman
Hagens Berman 是一家全球性的原告权益复杂诉讼事务所，专注于企业问责。该事务所拥有强大的业务，代表投资者、举报人、工人、消费者及其他在因企业疏忽和其他不当行为而受到伤害的案件中取得实际结果。Hagens Berman 的团队在这一法律领域已获得超过 29 亿美元的赔偿。有关该事务所及其成功的更多信息，请访问 hbsslaw.com。关注该事务所以获取更新和新闻，推特账号 @ClassActionLaw。
来源 Hagens Berman Sobol Shapiro LLP
<img src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjUxMjE5Jk5ld3NJdGVtSWQ9U0Y1MTQ0OCZUcmFuc21pc3Npb25fSWQ9MjAyNTEyMTkwOTE3UFJfTkVXU19VU1BSX19fX19TRjUxNDQ4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjUxMjE5Jk5ld3NJdGVtSWQ9U0Y1MTQ0OCZUcmFuc21pc3Npb25fSWQ9MjAyNTEyMTkwOTE3UFJfTkVXU19VU1BSX19fX19TRjUxNDQ4"/>

K12国际学校

Hagens Berman 正在调查 Stride, Inc. 涉及与涉嫌招生欺诈和运营失败相关的证券欺诈索赔。该诉讼旨在追回投资者在股价暴跌 54% 后的损失。指控包括虚报招生人数和平台升级失败。投资者被敦促联系 Hagens Berman 以讨论他们的权利，主要原告的截止日期为 2026 年 1 月 12 日

Partner Reed Kathrein Scrutinizing Damages Link Between Alleged &#34;Ghost Students&#34; Enrollment Fraud and Disastrous Platform Upgrade
<div class="lb-trans">合伙人 Reed Kathrein 正在审查所谓 “幽灵学生” 招生欺诈与灾难性平台升级之间的损害联系
</div>, /PRNewswire/ -- National shareholder rights law firm Hagens Berman alerts investors in Stride, Inc. (NYSE: LRN) to the ongoing securities class action against Stride and certain of executives. The suit seeks to recover the massive investor losses sustained after the purported disclosure of both alleged inflated enrollment figures and a catastrophic technology failure.
<div class="lb-trans">, /PRNewswire/ -- 全国股东权益法律事务所 Hagens Berman 提醒 Stride, Inc. (NYSE: LRN) 的投资者，针对 Stride 及其部分高管的证券集体诉讼正在进行中。该诉讼旨在追回在声称披露了虚假的招生数据和灾难性的技术故障后，投资者遭受的巨大损失。
</div>Specifically, the lawsuit alleges that Stride misled investors by inflating enrollment figures (using &#34;Ghost Students&#34;) and failing to disclose the severe operational failures that plagued its critical platform upgrade, which led directly to the shocking stock collapse.
<div class="lb-trans">具体而言，诉讼指控 Stride 通过夸大招生数据（使用 “幽灵学生”）来误导投资者，并未披露困扰其关键平台升级的严重运营故障，这直接导致了股票的惊人崩溃。
</div>&#34;The Stride case alleges a compounded deception: first, allegedly inflating enrollment numbers, and second, following that up with an operational failure that cut off access to tens of thousands of paying students,&#34; said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the alleged claims. &#34;We are specifically focused on the direct causation linking the company's alleged wrongdoing to the 54% single-day stock crash and the total damages suffered by investors. We urge investors who suffered substantial losses in LRN to contact Hagens Berman now to discuss their rights.&#34;
<div class="lb-trans">“Stride 案件指控了一种复合欺骗：首先，声称夸大招生数字，其次，随之而来的运营故障切断了数万名付费学生的访问，” Hagens Berman 合伙人 Reed Kathrein 说，他正在领导对这些指控的调查。“我们特别关注将公司所称的不当行为与 54% 单日股价崩溃及投资者遭受的总损失之间的直接因果关系。我们敦促在 LRN 中遭受重大损失的投资者立即联系 Hagens Berman 以讨论他们的权利。”
</div>Legal Analysis: Compounded Deception &amp; Financial Causation
<div class="lb-trans">法律分析：复合欺骗与财务因果关系
</div>The complaint details how two distinct, undisclosed operational failures corrected the market's misperception of Stride's true financial health, leading to the massive loss of market capitalization.
<div class="lb-trans">投诉详细说明了两个不同的、未披露的运营故障如何纠正市场对 Stride 真实财务健康状况的误解，导致市场资本化的巨大损失。
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>Alleged Fraudulent Mechanism / Event</td>
<td>Allegation &amp; Financial Impact</td>
<td>Key Legal Issues</td>
</tr>
<tr>
<td>First Alleged Failure: Enrollment Fraud</td>
<td>Allegedly retained &#34; Ghost Students&#34; on the books to inflate enrollment figures, leading to an 11% stock drop after the purported truth was allegedly revealed in the first disclosure.</td>
<td>Whether the Company Misrepresented Core Business Metrics: Did the company inflate enrollment figures and misstate student-to-teacher ratios?</td>
</tr>
<tr>
<td>Second Alleged Failure: Tech Collapse</td>
<td>Allegedly failed to disclose severe issues with a critical platform upgrade that blocked access for over 10,000 enrolled students, stifling growth and requiring remediation.</td>
<td>Whether the Company Concealed Operational Failures: Did the company knowingly fail to disclose the allegedly disastrous technology rollout and its operational impact?</td>
</tr>
<tr>
<td>The Alleged Damages (Oct. 28, 2025)</td>
<td>The stock crashed 54% on the second disclosure, demonstrating the true severity of the undisclosed operational failures.</td>
<td>Whether Investors Are Entitled to Damages: Are Stride investors entitled to the losses resulting from the defendants' alleged compounding misstatements and omissions?</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>涉嫌欺诈机制/事件</td>
<td>指控及财务影响</td>
<td>关键法律问题</td>
</tr>
<tr>
<td>第一次涉嫌失败：招生欺诈</td>
<td>据称保留 “幽灵学生” 以夸大招生数字，导致在首次披露声称真相后股票下跌 11%。</td>
<td>公司是否误报核心业务指标： 公司是否夸大了招生数字并错误陈述了学生与教师的比例？</td>
</tr>
<tr>
<td>第二次涉嫌失败：技术崩溃</td>
<td>据称未能披露关键 平台升级 的严重问题，导致超过 10,000 名注册学生无法访问，抑制了增长并需要补救。</td>
<td>公司是否隐瞒了运营故障： 公司是否故意未披露声称灾难性的技术推出及其运营影响？</td>
</tr>
<tr>
<td>涉嫌损害 (2025 年 10 月 28 日)</td>
<td>在第二次披露时，股票崩溃 54%，显示出未披露的运营故障的真实严重性。</td>
<td>投资者是否有权获得赔偿： Stride 投资者是否有权获得因被告的复合错误陈述和遗漏而导致的损失？</td>
</tr>
</tbody>
</table>
</div>Next Steps: Contact Partner Reed Kathrein Today
<div class="lb-trans">下一步：今天联系合伙人 Reed Kathrein
</div>Hagens Berman is a leading plaintiff litigation firm, having secured substantial recoveries for investors.
<div class="lb-trans">Hagens Berman 是一家领先的原告诉讼事务所，为投资者获得了可观的赔偿。
</div>Mr. Kathrein is actively advising investors who purchased LRN shares during the Class Period (October 22, 2024 – October 28, 2025) and suffered significant losses due to the alleged undisclosed &#34;Ghost Student&#34; retention scheme and the operational failures.
<div class="lb-trans">Kathrein 先生 正在积极建议在集体诉讼期间（2024 年 10 月 22 日–2025 年 10 月 28 日）购买 LRN 股票并因涉嫌未披露的 “幽灵学生” 保留计划和运营故障而遭受重大损失的投资者。
</div>The Lead Plaintiff Deadline is January 12, 2026.
<div class="lb-trans">主要原告截止日期为 2026 年 1 月 12 日。
</div>TO SUBMIT YOUR STRIDE (LRN) LOSSES NOW PLEASE USE THE SECURE FORM BELOW:
<div class="lb-trans">请使用下面的安全表单提交您的 STRIDE (LRN) 损失：
</div><ul>
<li>Submit Your Stride (LRN) Investment Losses Now</li>
<li>Contact: Reed Kathrein at 844-916-0895 or email [email protected]</li>
</ul>
<div class="lb-trans"><ul>
<li>立即提交您的 Stride (LRN) 投资损失</li>
<li>联系： Reed Kathrein，电话 844-916-0895 或发送电子邮件至 [email protected]</li>
</ul>
</div>If you'd like more information and answers to frequently asked questions about the Stride case and our investigation, read more »
<div class="lb-trans">如果您想了解更多信息并获取有关 Stride 案件及我们调查的常见问题的答案，请阅读更多 »
</div>Whistleblowers: Persons with non-public information regarding Stride should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
<div class="lb-trans">举报人： 了解 Stride 的非公开信息的人士应考虑他们在调查中提供帮助或利用 SEC 举报人计划的选项。根据新计划，提供原始信息的举报人可能会获得高达 SEC 成功追回金额 30% 的奖励。有关更多信息，请致电 Reed Kathrein，电话 844-916-0895 或发送电子邮件至 [email protected]。
</div>About Hagens Berman
<div class="lb-trans">关于 Hagens Berman
</div>Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
<div class="lb-trans">Hagens Berman 是一家全球性的原告权益复杂诉讼事务所，专注于企业问责。该事务所拥有强大的业务，代表投资者、举报人、工人、消费者及其他在因企业疏忽和其他不当行为而受到伤害的案件中取得实际结果。Hagens Berman 的团队在这一法律领域已获得超过 29 亿美元的赔偿。有关该事务所及其成功的更多信息，请访问 hbsslaw.com。关注该事务所以获取更新和新闻，推特账号 @ClassActionLaw。
</div>SOURCE Hagens Berman Sobol Shapiro LLP
<div class="lb-trans">来源 Hagens Berman Sobol Shapiro LLP
</div><img src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjUxMjE5Jk5ld3NJdGVtSWQ9U0Y1MTQ0OCZUcmFuc21pc3Npb25fSWQ9MjAyNTEyMTkwOTE3UFJfTkVXU19VU1BSX19fX19TRjUxNDQ4" alt="" original-src="https://rt.prnewswire.com/rt.gif?NewsItemId=SF51448&amp;Transmission_Id=202512190917PR_NEWS_USPR_____SF51448&amp;DateId=20251219"/>

09:17 ET
			
			
				Stride (LRN) Lawsuit: Was 54% Crash Caused by Alleged Undisclosed Operational Failures? Hagens Berman Investigating Pending Securities Fraud Claims

挚文集团（LRN）诉讼：54% 的股价暴跌是否由于涉嫌未披露的运营失误导致？Hagens Berman 正在调查待决的证券欺诈索赔