Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against SLM Corporation (SLM)

Core Viewpoint - A securities class action lawsuit has been filed against SLM Corporation for allegedly making false and misleading statements regarding its financial stability and loan delinquency rates during a specific period in 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the District of New Jersey on behalf of individuals or entities that purchased SLM securities between July 25, 2025, and August 14, 2025 [1]. - The complaint alleges that SLM experienced a significant increase in early-stage delinquencies, which was not disclosed, leading to an overstatement of the effectiveness of its loss mitigation and loan modification programs [2]. Group 2: Implications for Investors - Investors who acquired shares of SLM are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on February 17, 2026 [3]. - A lead plaintiff will represent the interests of other class members in the litigation process [3].