DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds SLM Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 17, 2026

GlobeNewswire Inc. • Jan 3, 2026 7:43am (New York) •By Faruqi & Faruqi, Llp

DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds SLM Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 17, 2026

A federal securities class action has been filed against SLM Corporation alleging that the company and its executives made false and misleading statements regarding delinquency rates and the effectiveness of loan modification programs. The complaint claims SLM concealed a significant increase in early-stage delinquencies, contradicting executive assurances about normal seasonal trends. Following a TD Cowen report on August 14, 2025 that revealed delinquencies were up 49 basis points month-over-month, SLM's stock fell 8.09%. The deadline to seek lead plaintiff status is February 17, 2026.

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SLM negative

The company is the subject of a federal securities class action alleging material misstatements about delinquency rates and loan modification program effectiveness. Executives allegedly made false assurances about seasonal trends that were contradicted by independent analysis, resulting in an 8.09% stock price decline.

Keywords

#class action lawsuit #securities fraud #delinquencies #loan modification #misleading statements #lead plaintiff deadline

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SLM SLMBP

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