SLM INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit for allegedly making misleading statements regarding its financial stability and delinquency rates during a specified class period [1][3]. Group 1: Class Action Lawsuit Details - Investors in SLM securities from July 25, 2025, to August 14, 2025, can seek appointment as lead plaintiff by February 17, 2026 [1]. - The lawsuit, titled Zappia v. SLM Corporation, accuses SLM and its executives of violating the Securities Exchange Act of 1934 [1]. - The allegations include that SLM experienced a significant increase in early-stage delinquencies, which was not disclosed to investors [3]. Group 2: Financial Impact and Misleading Statements - A report from investment bank TD Cowen indicated that July 2025 delinquencies rose by 49 basis points month-over-month, contradicting SLM's earlier assurances about delinquency rates [4]. - Following the release of this report, SLM's stock price fell by approximately 8% [4]. - The lawsuit claims that SLM overstated the effectiveness of its loss mitigation and loan modification programs [3]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who invested in SLM securities during the class period to seek lead plaintiff status [5]. - The lead plaintiff represents the interests of all class members and can choose a law firm for litigation [5]. - An investor's potential recovery is not contingent upon being the lead plaintiff [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation [6]. - The firm has secured over $2.5 billion for investors in securities-related class action cases in 2024, ranking first in monetary relief for investors [6]. - Robbins Geller has a significant history of obtaining large recoveries in securities class action cases, including the largest recovery of $7.2 billion in the Enron case [6].