Core Viewpoint - The article highlights the upcoming deadline of February 17, 2026, for investors to file a lead plaintiff motion in a case concerning SLM Corporation (Sallie Mae) securities purchased between July 25, 2025, and August 14, 2025, indicating potential legal actions for investors who suffered losses during this period [1]. Group 1 - The law offices of Howard G. Smith are reminding investors about the deadline to participate in the case [1]. - The case is specifically for investors who purchased SLM Corporation securities during the defined class period [1]. - Investors who experienced losses in SLM Corporation are encouraged to contact the law offices for participation [1].

SAN DIEGO, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that investors in SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM; SLMBP) securities between July 25, 2025 and August 14, 2025, both dates inclusive (the “Class Period”), have until February 17, 2026 to seek appointment as lead plaintiff of the SLM class action lawsuit. Captioned Zappia v. SLM Corporation a/k/a Sallie Mae, No. 25-cv-18834 (D.N.J.), the SLM class action lawsuit charges SLM as well as certain of SLM’s top ex ...

Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for alleged violations of the Securities Exchange Act, specifically regarding misleading statements about its loan modification and loss mitigation programs [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from July 25, 2025, to August 14, 2025, with a deadline for lead plaintiff appointments set for February 17, 2026 [2]. - The complaint alleges that SLM Corporation overstated the effectiveness of its loan modification and loss mitigation programs, leading to an increase in early-stage delinquencies [2]. Group 2: Investor Participation - Shareholders who purchased shares during the class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not required to participate in any recovery [2][3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4].

Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) 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: Lawsuit Details - The class action lawsuit, titled Zappia v. SLM Corporation, allows investors who suffered losses between July 25, 2025, and August 14, 2025, to seek appointment as lead plaintiff by February 17, 2026 [1]. - The lawsuit alleges that SLM and its executives made false statements about the company's financial health, particularly regarding early stage delinquencies in private education loans [3][4]. Group 2: Allegations and Impact - The lawsuit claims that SLM experienced a significant increase in early stage delinquencies, contradicting previous assurances from the company's CFO about normal seasonal trends [3][4]. - A report from investment bank 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 [4]. - Following the release of this report, SLM's stock price fell by approximately 8%, highlighting the market's reaction to the alleged misstatements [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who invested in SLM securities during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5]. - The lead plaintiff can choose a law firm to represent the class, and participation as 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 prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].

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 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][6]. - 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 [6]. 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 [4]. - A report from TD Cowen indicated that July 2025 delinquencies increased by 49 basis points month-over-month, contradicting SLM's previous assurances about delinquency rates following normal seasonal trends [5]. Group 3: Market Impact - 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 [5].

Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for allegedly making false and misleading statements regarding its financial stability and loan delinquency rates during the Class Period from July 25, 2025, to August 14, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that SLM experienced a significant increase in early-stage delinquencies, which was not disclosed to investors [5]. - Defendants allegedly overstated the effectiveness of SLM's loss mitigation and loan modification programs, misleading investors about the company's stability [5]. - The lawsuit asserts that the public statements made by SLM created a materially false impression regarding its business operations and prospects [5]. Group 2: Investor Participation - 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]. - To join the class action, investors can submit a form online or contact the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by February 17, 2026, to represent the interests of the class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].

Core Viewpoint - A securities fraud 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, due to misleading statements regarding delinquency rates on private education loans [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that during the Class Period, SLM's management made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [3]. - Specifically, it is claimed that SLM was experiencing a significant increase in early-stage delinquencies, contradicting earlier statements made by the CFO regarding normal seasonal trends [2][3]. - Following the release of a report by TD Cowen indicating higher delinquency rates, SLM's stock price fell by $2.67, or 8.1%, closing at $30.32 per share on August 15, 2025 [2]. Group 2: Investor Actions - Investors who purchased SLM securities during the Class Period have until February 17, 2026, to file a lead plaintiff motion in the class action lawsuit [1][4]. - The law firm Glancy Prongay & Murray LLP is leading the class action and is available for inquiries regarding participation in the lawsuit [4][5].

Core Insights - The complaint alleges that SLM and its executives violated federal securities laws by making false or misleading statements regarding the company's delinquency rates and loss mitigation programs [2] - A report from TD Cowen indicated that SLM's delinquencies increased by 49 basis points month-over-month in July 2025, contradicting previous assurances from SLM's executives [3] - 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 [3] Company Conduct - The complaint highlights that SLM was experiencing a significant rise in early-stage delinquencies, which was not disclosed to investors [2] - The effectiveness of SLM's loss mitigation and loan modification programs was overstated, leading to a materially false impression of the company's stability [2] Legal Proceedings - A lead plaintiff has been appointed to oversee the litigation on behalf of the class, representing the investor with the largest financial interest in the case [4] - Members of the putative class have the option to move the court to serve as lead plaintiff or remain absent without affecting their ability to share in any recovery [4]

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors in SLM Corporation, alleging that the company misled investors regarding its loss mitigation and loan modification programs during a specific period in 2025 [1][2]. Group 1: Allegations and Findings - The complaint states that SLM Corporation failed to disclose a significant increase in early-stage delinquencies during the class period, leading 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, which was worse than the expected seasonal increase of 10 basis points, driven by a 45 basis point rise in early-stage delinquencies [4]. - 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 [4]. 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 [5]. - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses for participation [6].

Core Viewpoint - A class action lawsuit has been filed on behalf of investors who purchased SLM Corporation (Sallie Mae) securities during the specified class period from July 25, 2025, to August 14, 2025 [1] Group 1 - Investors in SLM Corporation have until February 17, 2026, to file a lead plaintiff motion [1] - The lawsuit is initiated by the Law Offices of Howard G. Smith [1]