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SLM CORPORATION A/K/A SALLIE MAE SECURITIES FRAUD NOTICE: Berger Montague Informs SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) Investors of Securities Fraud Lawsuit
Prnewswire· 2026-01-22 14:09
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for allegedly concealing a significant increase in loan delinquencies during a specific period, leading to investor losses [1][3]. Group 1: Lawsuit Details - The lawsuit represents investors who acquired Sallie Mae securities from July 25, 2025, to August 14, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations - Sallie Mae is accused of hiding the true cause of rising early-stage delinquencies, which were reportedly increasing significantly despite the company's claims of normal seasonal fluctuations and effective loss mitigation programs [3]. - A TD Cowen report published on August 14, 2025, revealed that July delinquencies rose by 49 basis points month-over-month, exceeding seasonal expectations [4]. Group 3: Market Reaction - Following the revelation of the delinquency spike, Sallie Mae's stock price fell by $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [4].
INVESTOR REMINDER: Berger Montague Notifies Fermi Inc. (FRMI) Investors of a Class Action Lawsuit and Deadline
TMX Newsfile· 2026-01-21 17:11
Group 1 - A class action lawsuit has been filed against Fermi Inc. on behalf of investors who acquired Fermi securities during the Class Period from October 1, 2025, to December 11, 2025 [1][2] - Fermi is headquartered in Amarillo, Texas, and aims to establish a network of large, grid-independent data centers powered by various energy sources, with its flagship project being "Project Matador" [3] - The lawsuit alleges that Fermi misled investors about tenant demand for Project Matador and the status of its funding, particularly failing to disclose reliance on a single tenant's funding commitment [4] Group 2 - On December 12, 2025, Fermi disclosed that the first tenant for Project Matador had terminated a $150 million agreement, leading to a nearly 34% drop in share price, closing at $10.09 [5] - Investors have until March 6, 2026, to seek appointment as lead plaintiff representative of the class [2]
SLM INVESTOR ALERT: Berger Montague Advises SLM Corporation a/k/a Sallie Mae (SLM) Investors of a February 17, 2026 Deadline
TMX Newsfile· 2026-01-21 16:51
Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for allegedly misleading investors about the company's loan delinquencies during a specific period in 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Sallie Mae securities from July 25, 2025, to August 14, 2025 [1][2]. - Investors can seek to be appointed as lead plaintiff representatives by February 17, 2026 [2]. Group 2: Allegations - The complaint claims that Sallie Mae's management misrepresented the state of loan delinquencies, asserting that increases were seasonal while the reality was a significant rise [3]. - A report from TD Cowen on August 14, 2025, indicated a 49-basis-point month-over-month increase in July delinquencies, which was above seasonal norms [4]. Group 3: Market Reaction - Following the revelation of the true condition of Sallie Mae's loan portfolio, the company's stock price fell by $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [4].
FRIDAY DEADLINE: Berger Montague Advises Stubhub Holdings, Inc. (NYSE: STUB) Investors to Contact the Firm Before January 23, 2026
Prnewswire· 2026-01-21 13:41
Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. on behalf of investors who acquired StubHub securities during the specified Class Period, alleging undisclosed changes affecting the company's financials [1][3]. Group 1: Lawsuit Details - The lawsuit targets investors who purchased StubHub securities from September 14, 2025, to November 24, 2025, including shares from the September 2025 IPO [1]. - The complaint claims that the IPO Registration Statement did not disclose significant changes in payment timing to vendors, which impacted the company's free cash flow [3]. Group 2: Company Overview - StubHub is a major platform for reselling tickets for various live events, including sports, concerts, and theater performances [2].
INVESTOR REMINDER: Berger Montague Notifies Klarna Group PLC (KLAR) Investors of a Class Action Lawsuit and Deadline
TMX Newsfile· 2026-01-20 14:46
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc on behalf of investors who acquired Klarna securities during the specified class period, alleging omissions in the IPO Registration Statement regarding potential increases in loss reserves [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Klarna's IPO Registration Statement failed to disclose critical information about the potential increase in loss reserves following the IPO [3]. - The complaint indicates that Klarna was aware or should have been aware of the risks associated with its customer profiles, which could lead to increased credit loss provisions [3]. - Reports emerged on November 18, 2025, indicating that Klarna was raising its provisions for credit losses due to defaults [3]. Group 2: Financial Performance - As of the lawsuit filing, Klarna shares were trading at $31.31, significantly lower than the IPO price of $40 [4]. Group 3: Investor Information - Investors who purchased Klarna securities during the class period have until February 20, 2026, to seek appointment as lead plaintiff representatives [2].
SHAREHOLDER ALERT: Berger Montague Reminds Coupang, Inc. (NYSE: CPNG) Investors of Class Action Lawsuit Deadline
Prnewswire· 2026-01-20 14:23
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors regarding its cybersecurity practices, leading to significant financial losses during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from May 7, 2025, to December 16, 2025 [1]. - The complaint claims that inadequate cybersecurity protocols allowed a former employee to access sensitive customer information undetected for nearly six months [3]. - Following the cyber event, Coupang's CEO resigned, which contributed to investor losses [3]. Group 2: Investor Information - Investors who purchased Coupang securities during the class period have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - Interested investors can contact Berger Montague for more information regarding their rights [4][5]. Group 3: Law Firm Background - Berger Montague is a prominent law firm specializing in complex civil litigation and class actions, with over $2.4 billion in post-trial judgments in 2025 [4]. - The firm has recovered over $50 billion for clients over its 55-year history, indicating a strong track record in handling significant legal cases [4].
CLASS ACTION NOTICE: Berger Montague Advises Fermi Inc. (FRMI) Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-16 15:46
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. by Berger Montague PC on behalf of investors who acquired Fermi securities during the Class Period from October 1, 2025, to December 11, 2025, including its IPO on October 1, 2025 [1] Company Overview - Fermi Inc., based in Amarillo, Texas, aims to establish a network of large, grid-independent data centers powered by nuclear, natural gas, solar, and battery energy [3] - The company's flagship initiative, "Project Matador," is designed to create the world's largest private energy campus, providing dedicated power for AI data centers [3] Lawsuit Details - The lawsuit claims that investors became aware of Fermi's true prospects on December 12, 2025, when the company disclosed that the first tenant for the Project Matador AI campus had terminated a $150 million Advance in Aid of Construction Agreement, which was intended to cover construction costs [4] - Following this announcement, Fermi's stock price dropped by $5.16 per share, nearly 34%, closing at $10.09 per share on December 12, 2025 [4]
DEADLINE NEXT WEEK: Berger Montague Advises Jayud Global Logistics (NASDAQ: JYD) Investors to Contact the Firm Before January 20, 2026
Globenewswire· 2026-01-16 13:47
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for allegedly engaging in a fraudulent "pump-and-dump" scheme that led to significant stock price manipulation and investor losses during the specified Class Period [1][3]. Company Overview - Jayud Global Logistics Limited, headquartered in Shenzhen, China, provides global cross-border supply chain solutions, including freight forwarding, supply chain management, customs brokerage, and logistics IT systems [2]. Stock Performance and Allegations - During the Class Period from April 21, 2023, to April 30, 2025, Jayud's stock price surged from approximately $1.00 per share to an all-time high near $8.00, despite a lack of fundamental business news [3]. - The complaint alleges that this price increase was artificially driven by insiders or affiliates coordinating share dumping through offshore or nominee accounts, culminating in a stock collapse of about 95% on April 2, 2025 [3].
Stubhub Holdings, Inc. (NYSE: STUB) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
Prnewswire· 2026-01-15 14:06
Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. for failing to disclose significant changes affecting its cash flow during its IPO period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired StubHub securities from September 14, 2025, to November 24, 2025, including shares from the September 2025 IPO [1]. - Investors have until January 23, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Company Overview - StubHub is a major platform for reselling tickets for various live events, including sports, concerts, and theater performances [2]. - The company is headquartered in New York City [2]. Group 3: Legal Firm Background - Berger Montague is a leading law firm specializing in complex civil litigation and class actions, with a history of recovering over $50 billion for clients [4].
DEADLINE APPROACHING: Berger Montague Advises Jayud Global Logistics Limited (JYD) Investors to Inquire About a Securities Fraud Class Action by January 20, 2026
TMX Newsfile· 2026-01-14 17:21
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for alleged fraudulent activities that led to significant stock price manipulation and investor losses during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Jayud securities from April 21, 2023, to April 30, 2025 [1][2]. - Allegations include a stock price surge from approximately $1.00 to $8.00 per share in early April 2025, without any fundamental news to justify the increase [3]. - The complaint claims that the price spike was driven by a fraudulent promotion campaign, including social media manipulation and insider selling, followed by a dramatic stock collapse of about 95% on April 2, 2025 [3]. Group 2: Company Information - Jayud Global Logistics Limited is based in Shenzhen, China, and provides cross-border logistics services [2]. - The company is publicly traded on NASDAQ under the ticker symbol JYD [1].