Post #54353 by Steve203 on the US Policy board

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"Stride" has been going like a Saturn V, for a year. I'm used to it being volatile, but wondered where the drubbing this morning was coming from.

Now, I know.

Will Fraud Allegations From Gallup-McKinley Lawsuit Change Stride's (LRN) Virtual Education Narrative?

In September 2025, the Gallup-McKinley County Schools Board of Education filed a lawsuit against Stride, Inc., alleging wide-ranging fraud, deceptive trade practices, and intentional legal violations aimed at maximizing profits from virtual education programs serving mainly Native American students.

The complaint directly accuses Stride executives of inflating enrollment numbers, ignoring compliance requirements, suppressing whistleblowers, and causing a significant drop in graduation rates, raising substantial questions about the company's business conduct and long-term educational impact.

https://finance.yahoo.com/news/fraud-allegations-g...

Steve

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