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INVESTOR NOTICE: SLM Corporation a/k/a Sallie Mae (SLM) Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Prnewswire· 2026-02-04 17:12
SAN DIEGO, Feb. 4, 2026 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that investors in SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM; SLMBP) securities between July 25, 2025 and August 14, 2025, inclusive (the "Class Period"), have until Tuesday, February 17, 2026 to seek appointment as lead plaintiff of the SLM class action lawsuit. Captioned Zappia v. SLM Corporation a/k/a Sallie Mae, No. 25-cv- 18834 (D.N.J.), the SLM class action lawsuit charges SLM as well as certain of SLM's top executiv ...
Shareholder Rights Law Firm Robbins LLP Urges SLM Investors to Contact the Firm for Information About Leading the Class Action Lawsuit Against SLM Corporation
Globenewswire· 2026-02-02 21:59
SAN DIEGO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who invested in SLM Corporation (NASDAQ: SLM, SLMBP) securities between July 25, 2025 and August 14, 2025. SLM, more commonly known as Sallie Mae, primarily originates and services private education loans (“PELs”) to students and their families. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. What are the allegation ...
ATTENTION SLM CORPORATION A/K/A SALLIE MAE (SLM) SHAREHOLDERS: Securities Fraud Lawsuit Filed Against SLM Corporation a/k/a Sallie Mae
TMX Newsfile· 2026-02-02 14:16
Philadelphia, Pennsylvania--(Newsfile Corp. - February 2, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) ("Sallie Mae" or the "Company") on behalf of investors who purchased or otherwise acquired Sallie Mae securities during the period of July 25, 2025 through August 14, 2025 (the "Class Period"), inclusive.Investor Deadline: Investors who purchased Sallie Mae securities during the Class Pe ...
INVESTOR ALERT: SLM Corporation a/k/a Sallie Mae (SLM) Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Globenewswire· 2026-02-02 12:35
Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding delinquency rates in private education loans [1][3]. Group 1: 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, accuses SLM and its executives of failing to disclose significant increases in early-stage delinquencies and overstating the effectiveness of their loss mitigation programs [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: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5]. - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in monetary relief for investors in securities class actions for four out of the last five years [6].
INVESTOR DEADLINE: SLM Corporation a/k/a Sallie Mae (SLM) Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Prnewswire· 2026-01-31 21:10
Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding the company's loan delinquency rates and loss mitigation programs during a specified class period [1][3]. Group 1: Class Action Details - Investors in SLM securities from July 25, 2025, to August 14, 2025, can seek appointment as lead plaintiff in the class action lawsuit by February 17, 2026 [1]. - The lawsuit, titled Zappia v. SLM Corporation, accuses SLM and its executives of making false statements and failing to disclose significant increases in early-stage delinquencies [3][4]. Group 2: Allegations and Impact - 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]. - A report from investment bank TD Cowen indicated that July 2025 delinquencies increased by 49 basis points month-over-month, contradicting SLM's CFO's claims of normal seasonal trends, leading to an approximate 8% drop in SLM's stock price following the report [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the class period to seek the role of lead plaintiff, representing the interests of all class members [5]. - The lead plaintiff has the authority to select a law firm for the lawsuit and does not need to be the lead plaintiff to share in any potential recovery [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].
SLM CLASS ACTION ALERT: Robbins LLP Reminds Investors with Large Losses in SLM Corporation to Contact the Firm for Information About Recovering Their Losses
Globenewswire· 2026-01-29 17:59
SAN DIEGO, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who invested in SLM Corporation (NASDAQ: SLM, SLMBP) securities between July 25, 2025 and August 14, 2025. SLM, more commonly known as Sallie Mae, primarily originates and services private education loans (“PELs”) to students and their families. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. What are the allegation ...
SLM CLASS ACTION NOTICE: Berger Montague Encourages SLM Corporation a/k/a Sallie Mae (SLM) Investors to Inquire About a Securities Fraud Class Action
TMX Newsfile· 2026-01-26 15:47
Philadelphia, Pennsylvania--(Newsfile Corp. - January 26, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) ("Sallie Mae" or the "Company") on behalf of investors who purchased or otherwise acquired Sallie Mae securities during the period of July 25, 2025 through August 14, 2025 (the "Class Period"), inclusive.Investor Deadline: Investors who purchased Sallie Mae securities during the Class Pe ...
SHAREHOLDER ALERT: Berger Montague Reminds SLM Corporation a/k/a Sallie Mae (SLM) Investors of Class Action Lawsuit Deadline
TMX Newsfile· 2026-01-23 14:16
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 [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 have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations - The complaint alleges that Sallie Mae misrepresented the rise in early-stage loan delinquencies, claiming these trends were typical and praising their loss mitigation strategies [3]. - Following the revelation of the true state of loan delinquencies, Sallie Mae's stock fell by $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [4].
SLM Stockholders Who Lost Money Investing in SLM Corporation to Contact the Firm for Information About Leading the Class Action Lawsuit
Prnewswire· 2026-01-21 20:42
Group 1 - A class action has been filed on behalf of investors who purchased SLM Corporation securities between July 25, 2025, and August 14, 2025 [1] - SLM Corporation, also known as Sallie Mae, primarily originates and services private education loans (PELs) [1] - Allegations include that SLM misled investors regarding its loss mitigation and loan modification programs, failing to disclose a significant increase in early stage delinquencies [2] Group 2 - A report from TD Cowen on August 14, 2025, indicated that July 2025 delinquencies increased by 49 basis points month-over-month, which was worse than the expected seasonal increase of 10 basis points [3] - The report contradicted previous assurances from SLM that delinquency rates were following normal seasonal trends, leading to a stock price drop of $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [3] Group 3 - Shareholders may be eligible to participate in the class action against SLM Corporation and can contact Robbins LLP if they wish to serve as lead plaintiff [4] - Representation in the class action is on a contingency fee basis, meaning shareholders pay no fees or expenses [5]
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].