Globenewswire·2025-12-23 17:00Core 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 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased SLM securities during the specified Class Period [2]. - The Complaint alleges that Defendants made materially false and misleading statements about SLM's business and operations, which artificially inflated the prices of SLM's securities [3]. - Specific allegations include that SLM was experiencing a significant increase in early stage delinquencies, overstating the effectiveness of loss mitigation and loan modification programs, and creating a misleading impression of the company's overall stability [3]. Group 2: Next Steps for Investors - Investors wishing to join the lawsuit must request to be appointed as lead plaintiff by February 17, 2026, although sharing in any recovery does not require serving as lead plaintiff [4]. - A copy of the Complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in securities fraud class actions [6].