Salliemae(US:SLM) Businesswire·2026-02-16 18:22Core Viewpoint - Rosen Law Firm is urging stockholders of SLM Corporation, also known as Sallie Mae, to contact them regarding a class action lawsuit related to alleged misleading statements about the company's business operations during a specific period [1]. Group 1: Allegations and Lawsuit Details - The class action lawsuit involves investors who purchased SLM securities between July 25, 2025, and August 14, 2025 [1]. - Allegations include that SLM Corporation misled investors by failing to disclose a significant increase in early-stage delinquencies and overstating the effectiveness of its loss mitigation and loan modification programs [1]. - The lawsuit claims that these misleading statements created a materially false impression of SLM's business, operations, and prospects, leading to investor damages when the truth was revealed [1]. Group 2: Participation and Representation - Shareholders interested in serving as lead plaintiffs must file motions with the court by February 17, 2026 [1]. - Participation in the class action is not required to be eligible for recovery, and representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [1]. - Rosen Law Firm emphasizes its commitment to shareholder rights and has recovered over $1 billion for shareholders since its inception [1].