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Law Offices of Frank R. Cruz Encourages SLM Corporation (SLM) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-12-24 17:04
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for allegedly misleading investors regarding the company's delinquency rates on private education loans during the specified class period from July 25, 2025, to August 14, 2025 [1][4]. Group 1: Lawsuit Details - The lawsuit claims that SLM Corporation made materially false and misleading statements about its business operations and failed to disclose significant increases in early-stage delinquencies [4]. - Investors have until February 17, 2026, to file a lead plaintiff motion in this class action [1]. Group 2: Impact on Stock Price - Following a report from TD Cowen on August 14, 2025, indicating higher delinquency rates than seasonal trends, SLM's stock price dropped by $2.67, or 8.1%, closing at $30.32 per share on August 15, 2025 [3]. - The report contradicted earlier statements made by SLM's CFO, who had claimed that delinquency rates were following normal seasonal trends [3]. Group 3: Allegations Against Defendants - The complaint alleges that the defendants overstated the effectiveness of SLM's loss mitigation and loan modification programs, leading to materially misleading statements about the company's stability and prospects [4]. - The lawsuit highlights that the positive statements made by the defendants lacked a reasonable basis at all relevant times [4].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of SLM Corporation
TMX Newsfile· 2025-12-24 14:38
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 Claims - Faruqi & Faruqi, LLP 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 complaint alleges that SLM and its executives made false statements regarding the company's delinquency rates and the effectiveness of its loss mitigation programs [4]. Group 2: Financial Performance and Market Reaction - A report from TD Cowen on August 14, 2025, indicated that SLM's delinquencies increased by 49 basis points month-over-month, which was significantly worse than the expected seasonal increase of 10 basis points [5]. - Following the TD Cowen report, SLM's stock price dropped by $2.67 per share, or 8.09%, closing at $30.32 per share on August 15, 2025 [5]. Group 3: Company 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 [3].
ROSEN, HIGHLY RANKED INVESTOR COUNSEL, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important Deadline in Securities Class Action – SLM
Globenewswire· 2025-12-24 04:56
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of investors who purchased securities of SLM Corporation (Sallie Mae) during the specified Class Period from July 25, 2025, to August 14, 2025, due to alleged misleading statements regarding the company's financial stability and loan delinquency rates [1][5]. Group 1: Lawsuit Details - The lawsuit claims that SLM Corporation made false and misleading statements about its financial health, particularly regarding an increase in early-stage delinquencies and the effectiveness of its loss mitigation programs [5]. - Investors who purchased SLM securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must move the Court by February 17, 2026, to represent other class members in the litigation [1][3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - Many attorneys at Rosen Law Firm have received recognition from Lawdragon and Super Lawyers, indicating a high level of expertise in the field [4].
Portnoy Law Firm Announces Class Action on Behalf of SLM Corporation a/k/a Sallie Mae Investors
Globenewswire· 2025-12-23 22:05
Core Viewpoint - A class action lawsuit has been initiated against SLM Corporation (Sallie Mae) for allegedly making false statements regarding its financial stability and delinquency rates during a specified period in 2025 [3][4]. Group 1: Class Action Details - The class action is on behalf of investors who purchased securities between July 25, 2025, and August 14, 2025, with a deadline for filing a lead plaintiff motion set for February 17, 2026 [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and case evaluations [2]. Group 2: Allegations Against SLM - The lawsuit claims that SLM failed to disclose a significant increase in early-stage delinquencies, which led to an overstatement of the effectiveness of its loss mitigation and loan modification programs [3]. - A report from TD Cowen on August 14, 2025, indicated that July 2025 delinquencies rose by 49 basis points month-over-month, contradicting SLM's CFO's earlier assurances about normal seasonal trends [4]. - Following the TD Cowen report, SLM's stock price reportedly fell by approximately 8% [4].
Securities Fraud Investigation Into SLM Corporation (SLM) Announced – Shareholders Who Lost Money Urged to Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-12-23 20:00
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SLM Corporation a/k/a Sallie Mae ("SLM†or the "Company†) (NASDAQ: SLM) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON SLM CORPORATION (SLM), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On A. ...
SLM Corporation (SLM) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Businesswire· 2025-12-23 17:19
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of SLM Corporation a/k/a Sallie Mae ("SLM†or the "Company†) (NASDAQ: SLM) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SLM CORPORATION (SLM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights b. ...
Bronstein, Gewirtz & Grossman LLC Urges SLM Corporation Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-23 17:00
NEW YORK, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against SLM Corporation (NASDAQ: SLM) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired SLM securities between July 25, 2025 and August 14, 2025, both dates inclusi ...
SLM INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-12-23 15:48
SAN DIEGO--(BUSINESS WIRE)---- $SLM #SLM--The SLM class action lawsuit alleges that defendants overstated the effectiveness of SLM's loss mitigation and/or loan modification programs. ...
SLM ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of SLM Corporation a/k/a Sallie Mae Investors
Businesswire· 2025-12-23 01:00
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 from July 25, 2025, to August 14, 2025 [1] Summary by Relevant Sections - The lawsuit is initiated by the law firm Kirby McInerney LLP [1] - Investors who suffered losses on their SLM investments are eligible to request lead plaintiff appointment until February 17, 2026 [1]
Securities Fraud Investigation Into SLM Corporation (SLM) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-12-22 22:47
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of SLM Corporation a/k/a Sallie Mae ("SLM†or the "Company†) (NASDAQ: SLM) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON SLM CORPORATION (SLM), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On August 14, 2025, investment bank TD Cowen issued a report s. ...