Salliemae(SLM)
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SLM CORPORATION (NASDAQ: SLM) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds SLM Corporation Investors of Upcoming Deadline
Globenewswire· 2026-01-08 14:47
Core Viewpoint - A securities fraud class action lawsuit has been filed against SLM Corporation (Sallie Mae) for alleged misrepresentations regarding its loan modification programs and private education loan delinquency rates [3][4]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the District of New Jersey on behalf of investors who purchased SLM securities between July 25, 2025, and August 14, 2025 [3]. - Allegations include violations of the Securities Exchange Act of 1934 by the Company and certain senior officers [3]. Group 2: Legal Representation - Investors wishing to serve as lead plaintiffs must file necessary documents by February 17, 2026, with the option to remain as absent class members without taking action [5]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [5]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large pension funds [6]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" and listed in The Legal 500 for several consecutive years [6].
SLM Corporation Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before February 17, 2026 to Discuss Your Rights - SLM
Prnewswire· 2026-01-08 14:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of SLM Corporation regarding a class action lawsuit due to allegations of misleading statements and undisclosed information related to the company's financial stability and loan delinquency rates during a specified period [1]. Group 1: Allegations and Class Period - The class period for the allegations against SLM Corporation is from July 25, 2025, to August 14, 2025 [1]. - Allegations include that SLM experienced a significant increase in early-stage delinquencies, which was not disclosed, leading to an overstatement of the effectiveness of its loss mitigation and loan modification programs [1]. - The complaint asserts that the defendants' public statements created a materially false and misleading impression regarding SLM's business operations and prospects [1]. Group 2: Shareholder Actions and Deadlines - Shareholders who purchased SLM shares during the class period are encouraged to register for the class action, with a deadline of February 17, 2026, to seek lead plaintiff status [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's progress [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm's Mission and Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against SLM Corporation (SLM)
Globenewswire· 2026-01-07 18:32
Core Viewpoint - A securities class action lawsuit has been filed against SLM Corporation for allegedly making false and misleading statements regarding its financial stability and loan delinquency rates during a specific period in 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the District of New Jersey on behalf of individuals or entities that purchased SLM securities between July 25, 2025, and August 14, 2025 [1]. - The complaint alleges that SLM experienced a significant increase in early-stage delinquencies, which was not disclosed, leading to an overstatement of the effectiveness of its loss mitigation and loan modification programs [2]. Group 2: Implications for Investors - Investors who acquired shares of SLM are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on February 17, 2026 [3]. - A lead plaintiff will represent the interests of other class members in the litigation process [3].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of SLM Corporation
TMX Newsfile· 2026-01-07 16:37
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against SLM Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's financial health and delinquency rates [2][5]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in SLM between July 25, 2025, and August 14, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against SLM, with a deadline of February 17, 2026, for investors to seek the role of lead plaintiff [2]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [7]. Group 2: Allegations Against SLM - The complaint alleges that SLM and its executives made false and misleading statements regarding the company's financial stability, particularly concerning early-stage delinquencies and the effectiveness of loss mitigation programs [5]. - A report from TD Cowen indicated that July 2025 delinquencies increased by 49 basis points month-over-month, contradicting SLM's previous assurances about normal seasonal trends [6]. - Following the TD Cowen report, SLM's stock price dropped by $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [6]. Group 3: Firm Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [4].
Shareholders that lost money on SLM Corporation (SLM) should contact Levi & Korsinsky about pending Class Action - SLM
Globenewswire· 2026-01-06 21:00
Core Viewpoint - A class action securities lawsuit has been filed against SLM Corporation, alleging securities fraud that affected investors between July 25, 2025, and August 14, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that SLM Corporation experienced a significant increase in early-stage delinquencies, which was not disclosed to investors [2]. - It is alleged that the defendants overstated the effectiveness of SLM's loss mitigation and loan modification programs, misleading investors about the company's stability [2]. - The public statements made by the defendants are said to have created a materially false and misleading impression regarding SLM's business operations and prospects [2]. Group 2: Investor Information - Investors who suffered losses during the specified time frame have until February 17, 2026, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]. - The firm has extensive expertise in complex securities litigation and employs over 70 staff members to support its clients [4].
Bronstein, Gewirtz & Grossman LLC Urges SLM Corporation a/k/a Sallie Mae Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2026-01-06 17:00
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for alleged violations of federal securities laws during the Class Period from July 25, 2025, to August 14, 2025, due to misleading statements regarding the company's business and operations [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased SLM securities during the specified Class Period [2]. - The Complaint alleges that SLM's management made materially false and misleading statements that inflated the prices of SLM's securities [3]. - Specific allegations include a significant increase in early-stage delinquencies, overstated effectiveness of loss mitigation and loan modification programs, and misleading impressions about the company's overall stability [3]. Group 2: Next Steps for Investors - Investors affected by the alleged misconduct have until February 17, 2026, to request to be appointed as lead plaintiff in the case [4]. - A copy of the Complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in similar cases [6].
Berger Montague PC Investigating Claims on Behalf of SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) Investors After Class Action Filing
Globenewswire· 2026-01-06 16:10
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) on behalf of investors who acquired its securities during the specified Class Period, alleging misleading information regarding loan delinquencies [1][3]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period from July 25, 2025, to August 14, 2025, Sallie Mae misled investors about the state of its loan delinquencies, asserting that increases were typical seasonal patterns while downplaying the severity of the situation [3]. - Investors became aware of the true condition of Sallie Mae's loan portfolio following a report from TD Cowen on August 14, 2025, which indicated a 49-basis-point month-over-month increase in July delinquencies, surpassing seasonal norms [4]. Group 2: Stock Impact - Following the revelation of the actual delinquency rates, Sallie Mae's stock price fell by $2.67 per share, representing an 8.09% decline, closing at $30.32 on August 15, 2025 [4]. Group 3: Investor Actions - Investors who purchased Sallie Mae securities during the Class Period have until February 17, 2026, to seek appointment as lead plaintiff representatives of the class [2].
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of SLM Corporation
Prnewswire· 2026-01-06 15:33
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against SLM Corporation due to allegations of misleading statements regarding the company's financial health and delinquency rates, with a deadline for investors to seek lead plaintiff status in a class action lawsuit set for February 17, 2026 [2][4]. Group 1: Allegations Against SLM - The complaint alleges that SLM and its executives violated federal securities laws by making false and misleading statements and failing to disclose significant increases in early-stage delinquencies [4]. - It is claimed that SLM overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall stability of its PEL delinquency rates [4]. - As a result of these misleading statements, the public perception of SLM's business operations and prospects was materially affected [4]. Group 2: Financial Impact - On August 14, 2025, TD Cowen reported a 49 basis points month-over-month increase in delinquencies for July 2025, which was significantly worse than the seasonal average increase of 10 basis points [5]. - This report contradicted previous assurances from SLM's executives regarding delinquency rates following normal seasonal trends [5]. - Following the release of TD Cowen's report, SLM's stock price fell by $2.67 per share, or 8.09%, closing at $30.32 per share on August 15, 2025 [5]. Group 3: Legal Proceedings - The court-appointed lead plaintiff will be the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [6]. - Any member of the putative class can move the court to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [6]. - Faruqi & Faruqi encourages anyone with information regarding SLM's conduct to come forward, including whistleblowers and former employees [7].
SLM Investors Have Opportunity to Lead SLM Corporation a/k/a Sallie Mae Securities Fraud Lawsuit
Prnewswire· 2026-01-05 18:34
Core Viewpoint - Rosen Law Firm is reminding investors who purchased SLM Corporation securities between July 25, 2025, and August 14, 2025, of the February 17, 2026, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought SLM securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must file with the Court by February 17, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, SLM made false and misleading statements regarding its financial health, specifically concerning early-stage delinquencies and the effectiveness of its loss mitigation programs [5]. - It is claimed that these misrepresentations led to a materially false impression of SLM's business and operations, resulting in investor damages when the truth was revealed [5].
DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds SLM Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 17, 2026
Globenewswire· 2026-01-03 12:43
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against SLM Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's financial health and delinquency rates [2][4]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses in SLM between July 25, 2025, and August 14, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against SLM, with a deadline of February 17, 2026, for investors to seek the role of lead plaintiff [2][6]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [6]. Group 2: Allegations Against SLM - The complaint alleges that SLM and its executives made false and misleading statements regarding the company's financial stability and the effectiveness of its loss mitigation programs [4]. - Specific allegations include a significant increase in early-stage delinquencies, which were not disclosed, leading to an overstated impression of the company's operations and prospects [4]. Group 3: Market Reaction - Following a report from TD Cowen indicating a 49 basis point month-over-month increase in delinquencies for July 2025, SLM's stock price fell by $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [5].