Group 1 - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) on behalf of investors who acquired its securities between July 25, 2025, and August 14, 2025 [1][2] - The lawsuit alleges that Sallie Mae concealed a significant increase in loan delinquencies and misrepresented the reasons for this increase, claiming that early-stage delinquencies were rising significantly despite the company's assertions that such increases were seasonal and manageable [3] - A report from TD Cowen on August 14, 2025, revealed that July delinquencies had increased by 49 basis points month-over-month, leading to an 8.09% decline in Sallie Mae's stock price, which fell by $2.67 to $30.32 on August 15, 2025 [4] Group 2 - Investors who purchased Sallie Mae securities during the class period have until February 17, 2026, to seek appointment as lead plaintiff representatives [2] - Berger Montague, the law firm handling the case, is recognized for its expertise in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [6]

Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of 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 is titled Zappia v. SLM Corporation and is filed in the District of New Jersey [1]. - The allegations include that SLM's executives made false statements about the company's financial health and the effectiveness of its loss mitigation programs [3]. Group 2: Financial Impact - A report from TD Cowen indicated that July 2025 delinquencies increased by 49 basis points month-over-month, which was significantly worse than the expected seasonal increase of 10 basis points [4]. - This report contradicted statements made by SLM's CFO, who claimed delinquency rates were following normal seasonal trends [4]. - Following the release of this report, SLM's stock price dropped by approximately 8% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the class period to seek lead plaintiff status [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm for litigation [5]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [6]. - Robbins Geller has a significant history of obtaining large recoveries in securities class action lawsuits, including the largest recovery of $7.2 billion in the Enron case [6].

Core Viewpoint - A class action has been filed against SLM Corporation (Sallie Mae) for allegedly misleading investors regarding 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 Corporation 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 on August 14, 2025, indicated that July 2025 delinquencies increased 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 rise in early stage delinquencies [3]. - The findings from TD Cowen contradicted SLM's previous assurances that delinquency rates were following normal seasonal trends, resulting in a stock price drop of $2.67 per share, or 8.09%, closing 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, representing other class members in the litigation [4]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [4]. Group 3: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].

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 created a materially false and misleading impression regarding SLM's business operations and future prospects [2]. Group 2: Investor Participation - Investors who suffered losses during the specified timeframe 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, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise 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].

Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of 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 is titled Zappia v. SLM Corporation and is filed in the District of New Jersey [1]. - The allegations include that SLM experienced a significant increase in early-stage delinquencies, which was not disclosed to investors [3]. 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 statements about normal seasonal trends [4]. - 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 is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6].

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 to recover damages for investors [1]. 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 [4]. - The company classifies its PELs as in repayment when customers are making interest-only or fixed payments, or when they have entered full principal and interest repayment status [5]. Allegations and Misleading Statements - The lawsuit claims that SLM's executives made materially false and misleading statements regarding the company's business and operations, which artificially inflated the prices of SLM's securities during the Class Period [6]. - Specifically, it is alleged that SLM was experiencing a significant increase in early-stage delinquencies, contradicting the company's public assurances about the stability of its delinquency rates and the effectiveness of its loss mitigation programs [6]. Impact of Delinquency Rates - Delinquency rates on SLM's PELs are a critical metric for investors, as the cost to service a delinquent borrower is significantly higher than servicing a current or in-school borrower [5]. - A report from TD Cowen on August 14, 2025, indicated that July 2025 delinquencies were up 49 basis points month-over-month, which was worse than the expected seasonal performance, leading to a significant drop in SLM's stock price by $2.67 per share, or 8.09% [7].

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 can seek to be appointed as lead plaintiff representatives by February 17, 2026 [2]. Group 2: Allegations - The complaint claims that Sallie Mae's management misrepresented the state of loan delinquencies, asserting that increases were seasonal while the reality was a significant rise [3]. - A report from TD Cowen on August 14, 2025, revealed a 49-basis-point month-over-month increase in July delinquencies, which was above seasonal norms [4]. Group 3: Market Reaction - Following the disclosure of the actual loan portfolio condition, Sallie Mae's stock price fell by $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [4].

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].

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, 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]. - 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 claims of 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].

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].