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ROSEN, A RANKED AND LEADING LAW FIRM, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important Deadline in Securities Class Action – SLM
Globenewswire· 2026-01-09 22:10
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 lead plaintiffs 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 interested parties must move the Court by February 17, 2026, to serve as lead plaintiff, representing other class members [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 that many firms issuing notices may lack the necessary experience [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for clients [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 operations and prospects, resulting in investor damages when the truth was revealed [5].
Lost Money on SLM Corporation (SLM)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
Globenewswire· 2026-01-09 20:57
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 regarding private education loan delinquency rates [2]. - The public statements made by the defendants are said to have created a materially false and misleading impression about SLM's business operations and future prospects [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified time frame have until February 17, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a 20-year history of securing hundreds of millions of dollars for shareholders and has a strong track record in high-stakes securities litigation [4]. - The firm has over 70 employees dedicated to serving clients and has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4].
STOCKHOLDER ALERT: Pending Securities Fraud Lawsuit Against SLM Corporation a/k/a Sallie Mae (SLM)
TMX Newsfile· 2026-01-09 15:46
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for allegedly misleading investors about the company's loan delinquencies during a specific period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Sallie Mae securities from July 25, 2025, to August 14, 2025 [1][2]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations - The complaint alleges that Sallie Mae misrepresented the rise in early-stage loan delinquencies, claiming these trends were typical and praising their loss mitigation strategies [3]. - Following the revelation of the true state of loan delinquencies, Sallie Mae's stock fell by $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [4].
SLM Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before February 17, 2026 to Discuss Your Rights - SLM
Prnewswire· 2026-01-09 14:00
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 lawsuit 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 regarding private education loan delinquency rates [2]. - The public statements made by the defendants are said to have created a materially false and misleading impression about SLM's business operations and prospects [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified time frame have until February 17, 2026, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees, and they may be entitled to compensation as class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP 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 professionals to assist clients [4].
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of SLM Corporation(SLM) Shareholders
Globenewswire· 2026-01-08 22:49
Core Viewpoint - The Gross Law Firm is notifying shareholders of SLM Corporation regarding a class action lawsuit due to alleged misleading statements and undisclosed information related to the company's financial stability and loan delinquency rates during a specified period [1][3]. Group 1: Allegations and Class Period - The class period for the allegations is from July 25, 2025, to August 14, 2025 [3]. - 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 [3]. - The defendants' public statements allegedly created a materially false and misleading impression regarding SLM's business operations and prospects [3]. Group 2: Next Steps for Shareholders - Shareholders who purchased SLM shares during the class period are encouraged to register for the class action by February 17, 2026, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. - Participation in the case incurs no cost or obligation for the shareholders [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered due to deceit and illegal business practices [5]. - The firm is committed to ensuring companies engage in responsible business practices and good corporate citizenship [5]. - The firm seeks recovery for investors affected by false or misleading statements that led to artificial inflation of stock prices [5].
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].