Workflow
SLM Corporation(SLMBP)
icon
Search documents
SLM DEADLINE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important February 17 Deadline in Securities Class Action - SLM
TMX Newsfile· 2026-02-14 00:54
Core Viewpoint - Rosen Law Firm is reminding investors who purchased SLM Corporation securities between July 25, 2025, and August 14, 2025, of the upcoming lead plaintiff deadline on February 17, 2026, for 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 act 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 legal counsel with a proven track record in securities class actions, highlighting their own success in this area [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in terms of settlements since 2013 [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, SLM Corporation made false or 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].
SLM DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important February 17 Deadline in Securities Class Action – SLM
Globenewswire· 2026-02-13 00:54
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, lead plaintiff deadline for 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 act 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 been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors, including over $438 million in 2019 [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].
SLM DEADLINE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important February 17 Deadline in Securities Class Action - SLM
TMX Newsfile· 2026-02-13 00:48
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, lead plaintiff deadline for 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 act 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 legal counsel with a proven track record in securities class actions, highlighting their success in recovering hundreds of millions for investors [4]. - The firm has been recognized for its achievements, including the largest securities class action settlement against a Chinese company and being ranked highly for the number of settlements [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, SLM Corporation 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].
Pomerantz Law Firm Announces the Filing of a Class Action Against SLM Corporation and Certain Officers - SLM
Prnewswire· 2026-02-12 21:02
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation and certain officers for alleged violations of federal securities laws during the Class Period from July 25, 2025, to August 14, 2025, seeking damages for investors who purchased SLM securities during this time [1] Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the District of New Jersey, under docket number 25-cv-18834, representing all persons and entities, excluding defendants, who invested in SLM securities during the specified Class Period [1] - Investors have until February 17, 2026, to request appointment as Lead Plaintiff for the class [1] Group 2: Company Overview - SLM Corporation, commonly known as Sallie Mae, primarily originates and services private education loans (PELs) to students and their families, emphasizing its "high-quality" PELs and loss mitigation programs [1] - The company classifies PELs as in repayment when borrowers are making interest-only or fixed payments, or have entered full principal and interest repayment status after any applicable grace period [1] Group 3: Financial Metrics and Concerns - Delinquency rates on SLM's PELs are a critical metric for investors assessing the health and profitability of the business [1] - Defendants allegedly misled investors by attributing rising delinquency rates to "normal seasonal trends" and minor refinements in loan offerings, while failing to disclose significant increases in early-stage delinquencies [1] Group 4: Impact of Findings - On August 14, 2025, TD Cowen reported a 49 basis point month-over-month increase in July 2025 delinquencies, contradicting prior reassurances from SLM's executives [1] - Following the TD Cowen report, SLM's stock price fell by $2.67 per share, or 8.09%, closing at $30.32 per share on August 15, 2025 [1]
SLM LAWSUIT ALERT: The Gross Law Firm Notifies SLM Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2026-02-12 20:00
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation, alleging that the company made materially false and misleading statements regarding its financial health and loan delinquency rates during the class period from July 25, 2025, to August 14, 2025 [1] Group 1: Allegations - The lawsuit claims that SLM was experiencing a significant increase in early-stage delinquencies, which was not disclosed to investors [1] - It is alleged that SLM overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall stability of its private education loan delinquency rates [1] - The misleading public statements made by SLM created a false impression regarding the company's business operations and future prospects [1] Group 2: Class Action Details - The deadline for shareholders to register for the class action lawsuit is February 17, 2026 [1] - Shareholders who purchased SLM shares during the specified class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1] - Participants in the class action will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [1]
CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises SLM Corporation a/k/a Sallie Mae (SLM) Investors to Inquire About a Securities Fraud Class Action by February 17, 2026
TMX Newsfile· 2026-02-12 14:11
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 rise in loan delinquencies, asserting that the increase was typical for seasonal patterns [3]. - The complaint highlights that despite the rise in delinquencies, the company promoted its loss mitigation and loan modification efforts as successful [3]. - Investors became aware of the true state of Sallie Mae's loan portfolio following a TD Cowen report on August 14, 2025, which indicated a 49-basis-point month-over-month increase in 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 Information - Investors who purchased Sallie Mae securities during the Class Period have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The law firm Berger Montague PC is leading the class action and provides contact information for interested investors [5].
INVESTOR DEADLINE NEXT WEEK: SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead the Class Action Lawsuit
TMX Newsfile· 2026-02-11 23:30
Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding delinquency rates in private education loans [1][3]. Group 1: Class Action Lawsuit Details - Investors in SLM securities from July 25, 2025, to August 14, 2025, can seek appointment as lead plaintiff by February 17, 2026 [1]. - The lawsuit, titled Zappia v. SLM Corporation, claims that SLM and its executives made false statements and failed to disclose significant increases in early-stage delinquencies [3][4]. - 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]. Group 2: Allegations Against SLM - The lawsuit alleges that SLM overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall stability of its private education loan delinquency rates [3]. - Following the TD Cowen report, SLM's stock price dropped by approximately 8%, reflecting investor reaction to the disclosed delinquency issues [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the class period to seek lead plaintiff status, which enables them to direct the lawsuit on behalf of all class members [5]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized as a leading firm in securities fraud litigation, having recovered over $916 million for investors in 2025 alone [6].
The Gross Law Firm Reminds SLM Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 17, 2026 – SLM
Globenewswire· 2026-02-11 22:00
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 [1][3]. Group 1: Allegations - The complaint alleges that during the class period from July 25, 2025, to August 14, 2025, SLM Corporation experienced a significant increase in early-stage delinquencies [3]. - It is claimed that SLM overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall stability of its private education loan delinquency rates [3]. - As a result of these issues, the defendants' public statements created a materially false and misleading impression regarding SLM's business operations and prospects [3]. Group 2: Class Action Details - Shareholders who purchased SLM shares during the specified class period are encouraged to register for the class action, with a deadline set for February 17, 2026 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status [4]. - There is no cost or obligation for shareholders to participate in this case [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to stock inflation [5].
SLM DEADLINE: ROSEN, NATIONALLY RECOGNIZED INVESTOR COUNSEL, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important February 17 Deadline in Securities Class Action - SLM
TMX Newsfile· 2026-02-11 20:50
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, lead plaintiff deadline for 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 act 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 legal counsel with a proven track record in securities class actions, highlighting their success in achieving significant settlements for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and recovering over $438 million for investors in 2019 [4]. Group 3: Case Allegations - The lawsuit alleges that SLM Corporation made false and misleading statements regarding its financial health, specifically concerning an increase in 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].
SLM SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds SLM Corporation (SLM) Investors of Securities Class Action Deadline on February 17, 2026
Prnewswire· 2026-02-11 14:31
Core Viewpoint - SLM Corporation is facing a federal securities class action due to allegations of making false and misleading statements regarding its financial health, particularly concerning increasing early-stage delinquencies and the effectiveness of its loss mitigation programs [1] Group 1: Allegations Against SLM Corporation - The complaint alleges that SLM and its executives violated federal securities laws by failing to disclose a significant increase in early-stage delinquencies [1] - Defendants are accused of overstating the effectiveness of SLM's loss mitigation and loan modification programs, as well as the overall stability of the Company's PEL delinquency rates [1] - Public statements made by the defendants created a materially false and misleading impression regarding SLM's business operations and prospects [1] Group 2: Impact of TD Cowen's Report - On August 14, 2025, TD Cowen reported that July 2025 delinquencies increased by 49 basis points month-over-month, which was worse than the seasonal increase of 10 basis points [1] - The report highlighted a 45 basis point increase in early-stage delinquencies, contradicting previous assurances from SLM's executives that delinquency rates were following normal seasonal trends [1] - Following the report, SLM's stock price dropped by $2.67 per share, or 8.09%, closing at $30.32 per share on August 15, 2025 [1]