Group 1 - A class action has been filed on behalf of investors who purchased SLM Corporation securities between July 25, 2025, and August 14, 2025 [1] - SLM Corporation, also known as Sallie Mae, primarily originates and services private education loans (PELs) [1] - Allegations include that SLM misled investors regarding its loss mitigation and loan modification programs, failing to disclose a significant increase in early stage delinquencies [2] Group 2 - A report from TD Cowen on August 14, 2025, indicated that July 2025 delinquencies increased by 49 basis points month-over-month, which was worse than the expected seasonal increase of 10 basis points [3] - The report contradicted previous assurances from SLM that delinquency rates were following normal seasonal trends, leading to a stock price drop of $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [3] Group 3 - Shareholders may be eligible to participate in the class action against SLM Corporation and can contact Robbins LLP if they wish to serve as lead plaintiff [4] - Representation in the class action is on a contingency fee basis, meaning shareholders pay no fees or expenses [5]
SLM Stockholders Who Lost Money Investing in SLM Corporation to Contact the Firm for Information About Leading the Class Action Lawsuit