TMX Newsfile·2026-01-22 02:23Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against SLM Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's financial health and delinquency rates [2][5]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in SLM to contact them for discussing legal options, particularly for those who purchased securities between July 25, 2025, and August 14, 2025 [1]. - There is a deadline of February 17, 2026, for investors to seek the role of lead plaintiff in a federal securities class action against SLM [2]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [7]. Group 2: Allegations Against SLM - The complaint alleges that SLM and its executives made false and misleading statements regarding the company's financial stability, particularly failing to disclose a significant increase in early-stage delinquencies [5]. - TD Cowen reported a 49 basis points month-over-month increase in delinquencies for July 2025, which contradicted SLM's claims of normal seasonal trends, leading to a stock price drop of $2.67 per share (8.09%) on August 15, 2025 [6].