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

GlobeNewswire Inc. • Jan 6, 2026 12:00pm (New York) •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 defendants overstated the effectiveness of loss mitigation programs and concealed a significant increase in early-stage loan delinquencies, artificially inflating stock prices during the July 25 - August 14, 2025 period. Investors have until February 17, 2026 to request lead plaintiff status.

← Back to news Read Original Article

Insights

SLM negative

The company is accused of making materially false and misleading statements about its business operations, specifically concealing significant increases in early-stage delinquencies and overstating the effectiveness of its loss mitigation programs. These allegations of securities fraud and investor harm directly harm shareholder value and company reputation.

Keywords

#class action lawsuit #securities fraud #false statements #loan delinquencies #investor harm #lead plaintiff deadline

Tickers

SLM SLMBP

← Prev: Joby Aviation Preps For Air Taxi Pilot Training and CES 2026

Next: EVP and COO Sells 23,654 Innodata Shares for $1.4 Million →