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News  ›  GlobeNewswire Inc.

SLM INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that SLM Corporation a/k/a Sallie Mae Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Robbins Geller Rudman & Dowd Llp
SLM INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that SLM Corporation a/k/a Sallie Mae Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit

A class action lawsuit has been filed against SLM Corporation (Sallie Mae) alleging the company made false statements about its private education loan delinquency rates during July-August 2025. The lawsuit claims SLM concealed a significant increase in early-stage delinquencies while assuring investors that rates were following normal seasonal trends. Following TD Cowen's report revealing delinquencies were up 49 basis points (versus expected 10 bps seasonal increase), SLM's stock fell approximately 8%. Investors with substantial losses can seek appointment as lead plaintiff by February 17, 2026.

Insights
BIPJ   neutral

The partnership is part of the equity program and expects to maintain generally unchanged unit and share outstanding levels

SLM   negative

Company is accused of making false and misleading statements regarding loan delinquency rates and the effectiveness of loss mitigation programs. Allegations of concealing significant increases in early-stage delinquencies while providing reassuring guidance to investors resulted in an 8% stock price decline upon disclosure of accurate delinquency data.

Keywords
#class action lawsuit #securities fraud #delinquency rates #private education loans #disclosure violations #lead plaintiff #stock price decline

Tickers
SLM SLMBP
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