Judge tosses K12 investors' suit over remote learning capabilities [Reuters]
Stride, Inc. (LRN)
Last stride, inc. earnings: 4/27 04:30 pm
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US:NYSE Investor Relations:
investors.k12.com
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Source: Reuters
Judge said suit failed to allege that K12 violated securities laws The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. (Reuters) - A federal judge in Virginia has tossed a shareholder suit claiming the online education company formerly known as K12 Inc made misleading and false statements about its ability to support the shift to remote learning at the height of the COVID-19 pandemic. U.S. District Judge Liam O'Grady in Alexandria, Virginia, said on Thursday that the shareholders had failed to adequately allege that K12, now known as Stride Inc, had violated securities laws or acted intentionally. Stride's lead counsel, Peter Wald of Latham & Watkins, said in a statement that the investors' claims were “baseless” and that he and his client were gratified by the
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LRN
News
- K12 (LRN) Upgraded to Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- Stride, Inc. (NYSE: LRN) had its price target raised by analysts at BMO Capital Markets from $72.00 to $73.00. They now have an "outperform" rating on the stock.MarketBeat
- Is Stride (LRN) a Great Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Stride, Inc. (NYSE: LRN) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $75.00 price target on the stock.MarketBeat
- Stride Posts Another Record QuarterGlobeNewswire
LRN
Earnings
- 4/23/24 - Beat
LRN
Sec Filings
- 4/24/24 - Form 10-Q
- 4/23/24 - Form 4
- 4/23/24 - Form 8-K
- LRN's page on the SEC website