INVESTOR DEADLINE NEXT WEEK: SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead the Class Action Lawsuit

Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding delinquency rates in private education loans [1][3]. Group 1: Class Action Lawsuit Details - Investors in SLM securities from July 25, 2025, to August 14, 2025, can seek appointment as lead plaintiff by February 17, 2026 [1]. - The lawsuit, titled Zappia v. SLM Corporation, claims that SLM and its executives made false statements and failed to disclose significant increases in early-stage delinquencies [3][4]. - A report from TD Cowen on August 14, 2025, indicated that July 2025 delinquencies rose by 49 basis points month-over-month, contradicting SLM's CFO's earlier assurances about normal seasonal trends [4]. Group 2: Allegations Against SLM - The lawsuit alleges that SLM overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall stability of its private education loan delinquency rates [3]. - Following the TD Cowen report, SLM's stock price dropped by approximately 8%, reflecting investor reaction to the disclosed delinquency issues [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the class period to seek lead plaintiff status, which enables them to direct the lawsuit on behalf of all class members [5]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized as a leading firm in securities fraud litigation, having recovered over $916 million for investors in 2025 alone [6].