SLM CLASS ACTION ALERT: Robbins LLP Reminds Investors with Large Losses in SLM Corporation to Contact the Firm for Information About Recovering Their Losses

Core Viewpoint - A class action has been filed against SLM Corporation (Sallie Mae) for allegedly misleading investors about its loss mitigation and loan modification programs during a specific period in 2025 [1][2]. Group 1: Allegations and Findings - The complaint alleges that SLM failed to disclose a significant increase in early stage delinquencies, leading to an overstatement of the effectiveness of its loss mitigation and loan modification programs [2]. - A report from TD Cowen 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, driven by a 45 basis point rise in early stage delinquencies [3]. - The findings from TD Cowen contradicted SLM's previous assurances regarding delinquency rates following normal seasonal trends, resulting in a stock price drop of $2.67 per share (8.09%) to close at $30.32 on August 15, 2025 [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against SLM Corporation, with the option to serve as lead plaintiff or remain an absent class member [4]. - All representation in the class action is on a contingency fee basis, meaning shareholders incur no fees or expenses [5].