Rosen Law Firm Urges SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) Stockholders to Contact the Firm for Information About Their Rights
SalliemaeSalliemae(US:SLM) Businesswire·2025-12-22 16:41

Core Viewpoint - Rosen Law Firm has initiated a class action lawsuit against SLM Corporation (Sallie Mae) for allegedly misleading investors about its business operations during a specific period in 2025 [1][2]. Group 1: Allegations - The lawsuit claims that SLM Corporation made false and misleading statements regarding its business, specifically that it was experiencing a significant increase in early-stage delinquencies [3]. - 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 [3]. - The misleading public statements created a materially false impression about SLM's business operations and prospects, leading to investor damages when the truth was revealed [3]. Group 2: Legal Proceedings - Investors who wish to participate in the class action must file motions to serve as lead plaintiffs by February 17, 2026 [4]. - A lead plaintiff represents other class members in directing the litigation, but participation is not required to be eligible for recovery [4]. Group 3: Rosen Law Firm Overview - Rosen Law Firm specializes in shareholder rights litigation and has a track record of recovering over $1 billion for shareholders [6]. - The firm operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless they recover losses [5].

Salliemae-Rosen Law Firm Urges SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) Stockholders to Contact the Firm for Information About Their Rights - Reportify