SLM Corporation(SLMBP)
Search documents
SLM DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important Deadline in Securities Class Action - SLM
TMX Newsfile· 2026-02-05 00:25
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 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 can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by February 17, 2026 [3]. 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 [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [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].
SLM Deadline: SLM Investors Have Opportunity to Lead SLM Corporation a/k/a Sallie Mae Securities Fraud Lawsuit
Prnewswire· 2026-02-04 23:30
Core Viewpoint - SLM Corporation, also known as Sallie Mae, is facing a securities fraud lawsuit due to alleged misleading statements regarding its financial stability and loan delinquency rates during the class period from July 25, 2025, to August 14, 2025 [1] Group 1: Lawsuit Details - The Rosen Law Firm is reminding investors who purchased SLM securities during the class period of the February 17, 2026, deadline to become a lead plaintiff in the class action lawsuit [1] - The lawsuit claims that SLM made false and misleading statements about its early-stage delinquencies and the effectiveness of its loss mitigation and loan modification programs [1] - Investors are encouraged to join the class action without any out-of-pocket fees through a contingency fee arrangement [1] Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [1] - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019, and has been recognized for its performance in securities class action settlements [1] - Investors have the option to remain absent class members and are not required to serve as lead plaintiffs to share in any potential recovery [1]
The Gross Law Firm Notifies SLM Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – SLM
Globenewswire· 2026-02-04 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 system to receive updates on the case's progress [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [5]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to artificial inflation of stock prices [5].
Contact Levi & Korsinsky by February 17, 2026 Deadline to Join Class Action Against SLM Corporation(SLM)
Prnewswire· 2026-02-04 19:50
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]. Group 1: Lawsuit Details - The complaint claims that SLM Corporation's management made false statements and concealed significant increases in early-stage delinquencies [2]. - It is alleged that the effectiveness of SLM's loss mitigation and loan modification programs was overstated, misleading investors about the company's stability regarding private education loan delinquency rates [2]. - The public statements made by the defendants 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 timeframe have until February 17, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this [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, LLP has a 20-year history of securing hundreds of millions of dollars for shareholders and has a strong track record in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds SLM Investors of the Pending Class Action Lawsuit Deadline on February 17, 2026
TMX Newsfile· 2026-02-04 18:08
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 about 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]. Group 3: Market Impact - 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 [6].
INVESTOR NOTICE: SLM Corporation a/k/a Sallie Mae (SLM) Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Prnewswire· 2026-02-04 17:12
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 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]. Group 2: Allegations and Impact - 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 dropped by approximately 8%, highlighting the market's reaction to the disclosed information [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 involves directing the lawsuit on behalf of all class members [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone, and is recognized for securing significant monetary relief in class action cases [6].
SLM DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages SLM Corporation a/k/a Sallie Mae Investors to Secure Counsel Before Important Deadline in Securities Class Action - SLM
TMX Newsfile· 2026-02-04 00:20
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 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 can join by contacting Rosen Law Firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is February 17, 2026, with the lead plaintiff representing other class members in the litigation [3]. 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 of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, SLM made false and misleading statements regarding its financial health, including an increase in early-stage delinquencies and overstated effectiveness of its loss mitigation programs [5]. - The misleading public statements created a materially false impression of SLM's business operations and prospects, leading to 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 Deadline in Securities Class Action – SLM
Globenewswire· 2026-02-03 19:46
NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds persons who invested in securities of SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) between July 25, 2025 and August 14, 2025, both dates inclusive (the “Class Period”), of the important February 17, 2026 lead plaintiff deadline. SO WHAT: If you purchased SLM securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingenc ...
Shareholder Rights Law Firm Robbins LLP Urges SLM Investors to Contact the Firm for Information About Leading the Class Action Lawsuit Against SLM Corporation
Globenewswire· 2026-02-02 21:59
Core Viewpoint - A class action has been filed against SLM Corporation (Sallie Mae) for allegedly misleading investors about its loss mitigation and loan modification programs during a specific period in 2025 [1][2]. Group 1: Allegations and Findings - The complaint alleges that SLM failed to disclose a significant increase in early stage delinquencies, leading to an overstatement of the effectiveness of its loss mitigation and loan modification programs [2]. - A report from TD Cowen indicated that July 2025 delinquencies rose by 49 basis points month-over-month, which was worse than the expected seasonal increase of 10 basis points, driven by a 45 basis point increase in early stage delinquencies [3]. - The findings from TD Cowen contradicted SLM's previous assurances regarding delinquency rates following normal seasonal trends, resulting in a stock price drop of $2.67 per share (8.09%) to close at $30.32 on August 15, 2025 [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against SLM Corporation, with the option to serve as lead plaintiff or remain an absent class member [4]. - All representation in the class action is on a contingency fee basis, meaning shareholders incur no fees or expenses [5].
ATTENTION SLM CORPORATION A/K/A SALLIE MAE (SLM) SHAREHOLDERS: Securities Fraud Lawsuit Filed Against SLM Corporation a/k/a Sallie Mae
TMX Newsfile· 2026-02-02 14:16
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 [3]. - The complaint highlights that despite rising delinquencies, the company promoted its loss mitigation and loan modification efforts as successful [3]. Group 2: Impact on Stock - Investors became aware of the true condition 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 July delinquencies, surpassing seasonal norms [4]. - Following this revelation, Sallie Mae's stock price fell by $2.67 per share, or 8.09%, 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 [2].