Prnewswire·2026-02-04 23:30Core Viewpoint - SLM Corporation, also known as Sallie Mae, is facing a securities fraud lawsuit due to alleged misleading statements regarding its financial stability and loan delinquency rates during the class period from July 25, 2025, to August 14, 2025 [1] Group 1: Lawsuit Details - The Rosen Law Firm is reminding investors who purchased SLM securities during the class period of the February 17, 2026, deadline to become a lead plaintiff in the class action lawsuit [1] - The lawsuit claims that SLM made false and misleading statements about its early-stage delinquencies and the effectiveness of its loss mitigation and loan modification programs [1] - Investors are encouraged to join the class action without any out-of-pocket fees through a contingency fee arrangement [1] Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [1] - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019, and has been recognized for its performance in securities class action settlements [1] - Investors have the option to remain absent class members and are not required to serve as lead plaintiffs to share in any potential recovery [1]