Scholastic Corporation Faces Securities Investigation by Pomerantz Law Firm
Pomerantz LLP is investigating potential securities fraud or other unlawful business practices involving Scholastic Corporation (NASDAQ: SCHL) and its officers. The investigation follows the company's disappointing first-quarter 2027 financial results, which included an adjusted loss of $3.63 per share—worse than expected—and a revenue decline to $216.8 million year-over-year. Scholastic’s Education segment saw a significant drop in revenues due to tightening school budgets. On the news, Scholastic's stock price fell 7.41% or $2.58 per share on September 25, 2026. The law firm is inviting investors who may have been affected by these developments to contact its team for potential inclusion in a class action. Pomerantz LLP has a long-standing reputation as one of the leading firms specializing in corporate and securities litigation.
Tickers: $SCHL
Topics: financial_disclosure investor_protection stock_price_drop