Berger Montague PC Investigating Claims on Behalf of SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) Investors After Class Action Filing

Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) on behalf of investors who acquired its securities during the specified Class Period, alleging misleading information regarding loan delinquencies [1][3]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period from July 25, 2025, to August 14, 2025, Sallie Mae misled investors about the state of its loan delinquencies, asserting that increases were typical seasonal patterns while downplaying the severity of the situation [3]. - Investors became aware of the true condition of Sallie Mae's loan portfolio following a report from TD Cowen on August 14, 2025, which indicated a 49-basis-point month-over-month increase in July delinquencies, surpassing seasonal norms [4]. Group 2: Stock Impact - Following the revelation of the actual delinquency rates, Sallie Mae's stock price fell by $2.67 per share, representing an 8.09% decline, closing at $30.32 on August 15, 2025 [4]. Group 3: Investor Actions - Investors who purchased Sallie Mae securities during the Class Period have until February 17, 2026, to seek appointment as lead plaintiff representatives of the class [2].