SLM SHAREHOLDER ACTION: Faruqi & Faruqi, LLP Reminds SLM Investors of the Securities Class Action Lawsuit Deadline on February 17, 2026
TMX Newsfile·2026-02-08 18:54

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against SLM Corporation due to allegations of violations of federal securities laws, specifically regarding misleading statements about the company's financial health and delinquency rates [2][4]. Group 1: Legal Investigation - The law firm is encouraging SLM investors who suffered losses exceeding $50,000 to contact them for discussing legal options [1]. - A federal securities class action has been filed against SLM, with a deadline of February 17, 2026, for investors to seek the role of lead plaintiff [2][5]. - The complaint alleges that SLM and its executives made false statements and failed to disclose significant increases in early-stage delinquencies, overstating the effectiveness of their loss mitigation programs [4]. Group 2: Company Background - SLM Corporation is publicly traded on NASDAQ under the ticker SLM [2]. - Faruqi & Faruqi, LLP has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3].

SLM Corporation-SLM SHAREHOLDER ACTION: Faruqi & Faruqi, LLP Reminds SLM Investors of the Securities Class Action Lawsuit Deadline on February 17, 2026 - Reportify