Investors Alerted to Class Action Lawsuit Against Sallie Mae for Securities Fraud

Class Action Lawsuit Filed Against Sallie Mae

A significant development in the financial and investment communities has emerged as the national law firm Berger Montague has announced a class action lawsuit against SLM Corporation, commonly known as Sallie Mae. This lawsuit targets the company for purportedly concealing alarming trends in loan delinquencies that may have misled investors.

Details of the Lawsuit

The lawsuit pertains to investors who acquired Sallie Mae securities between July 25, 2025, and August 14, 2025. During this time frame, Sallie Mae allegedly downplayed a surge in early-stage loan delinquencies, instead describing the situation as a typical seasonal fluctuation. This narrative caused many investors to remain unaware of the rising financial risks associated with their holdings.

Critically, it was a report released by TD Cowen on August 14, 2025, that brought these troubling figures to light. The report indicated a spike in delinquencies, which had risen by 49 basis points month-over-month. This was wildly inconsistent with seasonal expectations, signaling that investors were not provided with truthful information regarding Sallie Mae’s financial health.

As a direct consequence of this revelation, Sallie Mae's stock took a significant hit, plummeting by $2.67 per share, or a staggering 8.09%, closing at $30.32 on August 15, 2025. This decline raised concerns among investors, many of whom began to question the integrity of Sallie Mae's disclosures.

Investor Rights and Action Steps

Investors who purchased Sallie Mae securities during the specified class period are urged to take action. They are entitled to seek appointments as lead plaintiff representatives in the lawsuit, with the deadline set for February 17, 2026. Those interested should act promptly and consult with the law firm for further guidance on their rights and potential participation in the case. Contact details for Berger Montague representatives are provided for investors to reach out for more information, highlighting the firm’s commitment to supporting their clients in this matter.

The impact of this lawsuit could extend beyond just Sallie Mae, potentially influencing investor confidence in the educational finance sector and prompting stricter scrutiny of financial disclosures by public companies. Legal analysts suggest this case could set important precedents regarding corporate transparency and the responsibilities of firms to disclose significant financial trends affecting their businesses.

About Berger Montague

Berger Montague is recognized as a leading law firm specializing in complex civil litigation, class actions, and mass torts across both federal and state courts in the United States. The firm has an impressive history, having secured over $50 billion for clients over its 55 years of operation. Their expertise in handling substantial cases positions them well to navigate this class action lawsuit against Sallie Mae.

Investors affected by this situation should remain informed and prepared to engage with legal counsel to effectively manage their rights and claims relating to this emerging litigation.