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

GlobeNewswire Inc. • Jan 9, 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 SLM failed to disclose a significant increase in early-stage delinquencies and overstated the effectiveness of its loss mitigation programs. The class period covers securities purchased between July 25, 2025 and August 14, 2025, with a lead plaintiff deadline of February 17, 2026.

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SLM negative

The company is the subject of a securities fraud class action lawsuit alleging material misstatements about business operations, specifically regarding undisclosed increases in loan delinquencies and overstated effectiveness of loss mitigation programs. This represents significant legal and reputational risk to investors.

Keywords

#class action lawsuit #securities fraud #SLM Corporation #Sallie Mae #delinquencies #investor harm #false statements #loan modification programs

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SLM SLMBP

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