SLM Corporation (SLM) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Core Viewpoint - The Law Offices of Howard G. Smith is announcing a class action lawsuit against SLM Corporation (Sallie Mae) for securities fraud, inviting investors who have suffered significant losses to participate in the lawsuit [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that between July 25, 2025, and August 14, 2025, SLM Corporation failed to disclose a significant increase in early-stage delinquencies [3]. - It is claimed that SLM overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall stability of its PEL delinquency rates [3]. - The lawsuit argues that the positive statements made by SLM regarding its business operations and prospects were materially misleading and lacked a reasonable basis during the relevant time period [3].