Prnewswire·2025-12-29 07:34Core 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].