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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 Substantial 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 Substantial 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 early-stage delinquencies in its private education loan portfolio and overstated the effectiveness of its loss mitigation programs. The lawsuit was triggered after TD Cowen reported July 2025 delinquencies were up 49 basis points, contradicting management's assurances about normal seasonal trends. SLM's stock fell approximately 8% following the disclosure.

Insights
HUBS   neutral

Mentioned as an integration platform without specific commentary

SLM   negative

The company is accused of making false and misleading statements regarding delinquency rates and the effectiveness of loss mitigation programs. A significant discrepancy between management's claims and actual delinquency data led to an 8% stock price decline and triggered a securities class action lawsuit.

Keywords
#class action lawsuit #securities fraud #delinquency rates #private education loans #misstatement #lead plaintiff

Tickers
SLM SLMBP
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