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News  ›  GlobeNewswire Inc.

Bronstein, Gewirtz & Grossman LLC Urges SLM Corporation Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges SLM Corporation Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against SLM Corporation alleging that company executives made materially false and misleading statements regarding the company's business operations. The complaint claims SLM concealed a significant increase in early-stage delinquencies and overstated the effectiveness of its loss mitigation programs. The lawsuit covers investors who purchased SLM securities between July 25, 2025 and August 14, 2025, with a lead plaintiff deadline of February 17, 2026.

Insights
BMLpJ   neutral

Mentioned as having a speaker (Arshad Ghafur) at the forum, with no specific positive or negative context


SLM   negative

The company is the subject of a securities fraud class action lawsuit alleging material misstatements about business operations, concealment of rising delinquencies, and overstatement of loan mitigation program effectiveness. These allegations indicate serious corporate governance and disclosure failures that harmed investors.