SLM Corporation Faces Class Action Lawsuit Over Alleged Investor Misrepresentation

Reuters02-14

SLM Corporation Faces Class Action Lawsuit Over Alleged Investor Misrepresentation

A class action lawsuit has been filed against SLM Corporation, also known as Sallie Mae, and certain of its officers, alleging violations of federal securities laws. The complaint asserts that, between July 25, 2025 and August 14, 2025, the company made materially false and misleading statements about its business, operations, and prospects, which artificially inflated the price of its securities. Specifically, the suit claims SLM failed to disclose a significant increase in early stage delinquencies, overstated the effectiveness of its loss mitigation and loan modification programs, and misrepresented the overall stability of its private education loan delinquency rates. The litigation seeks to recover damages for investors who acquired SLM securities during the specified period. Investors have until February 17, 2026, to request the court to appoint them as lead plaintiff.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SLM Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602131200PRIMZONEFULLFEED9652173) on February 13, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SLM Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. 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The complaint asserts that, between July 25, 2025 and August 14, 2025, the company made materially false and misleading statements about its business, operations, and prospects, which artificially inflated the price of its securities. Specifically, the suit claims SLM failed to disclose a significant increase in early stage delinquencies, overstated the effectiveness of its loss mitigation and loan modification programs, and misrepresented the overall stability of its private education loan delinquency rates. The litigation seeks to recover damages for investors who acquired SLM securities during the specified period. Investors have until February 17, 2026, to request the court to appoint them as lead plaintiff.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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