SLM INVESTOR ALERT: SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead the SLM Class Action Lawsuit

Core Viewpoint - The SLM class action lawsuit alleges that SLM Corporation, also known as Sallie Mae, and its executives made misleading statements regarding the company's financial health and delinquency rates during the specified Class Period, leading to significant investor losses [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit seeks to represent investors in SLM securities from July 25, 2025, to August 14, 2025 [1]. - The lawsuit is titled Zappia v. SLM Corporation and is filed in the District of New Jersey [1]. - Allegations include that SLM experienced a significant increase in early-stage delinquencies, which was not disclosed to investors [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 worse than the seasonal average increase of 10 basis points [4]. - The 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 fell by approximately 8% [4]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the Class Period to seek appointment as lead plaintiff [5]. - The lead plaintiff represents the interests of all class members and can select 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: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading 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 ranked 1 in 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].