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News  ›  GlobeNewswire Inc.

Bronstein, Gewirtz & Grossman LLC Urges SLM Corporation a/k/a Sallie Mae 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 a/k/a Sallie Mae Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against SLM Corporation (Sallie Mae) alleging that the company made materially false and misleading statements regarding its business operations. The complaint claims SLM failed to disclose a significant increase in early-stage delinquencies and overstated the effectiveness of its loss mitigation programs. Investors who purchased SLM securities between July 25, 2025 and August 14, 2025 are eligible to join the case, with a lead plaintiff deadline of February 17, 2026.

Insights
SREA   neutral

Mentioned as parent company of SoCalGas with no specific positive or negative indicators in the article

SLM   negative

The company is the subject of a securities fraud class action lawsuit alleging material misstatements about business operations, delinquency rates, and loan modification program effectiveness. These allegations of fraud and investor harm create significant negative sentiment.

Keywords
#class action lawsuit #securities fraud #SLM Corporation #Sallie Mae #loan delinquencies #investor harm #false statements #loss mitigation

Tickers
SLM SLMBP
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