#USA #Robbins Geller #San Diego #Sallie Mae #SLM Corporation

Investor Alert: Class Action Opportunity for Sallie Mae Investors

In a significant development for shareholders of SLM Corporation, widely recognized as Sallie Mae, a potential class action lawsuit has emerged. Investors who incurred substantial losses during a specific period have the chance to be appointed as lead plaintiffs in this class action, which is being spearheaded by the law firm Robbins Geller Rudman & Dowd LLP. This legal action is relevant for those who held SLM stocks between July 25, 2025, and August 14, 2025, with a critical deadline to apply as lead plaintiff set for February 17, 2026.

Background of the Case

The class action, formally known as Zappia v. SLM Corporation, has raised serious allegations regarding the company's compliance with the Securities Exchange Act of 1934. Investors claim that SLM and certain executives provided misleading information related to the company's financial health, specifically regarding the rate of delinquencies on private education loans. It is alleged that throughout the class period, SLM failed to disclose significant increases in early-stage delinquencies and exaggerated the effectiveness of their loss mitigation strategies.

On August 14, 2025, a report from investment bank TD Cowen shed light on troubling trends, indicating that early stage delinquencies had increased more than expected, contradicting previous statements made by SLM’s CFO. This discrepancy contributed to a significant drop in SLM's stock price, falling approximately 8%, thereby heightening the stakes for affected investors.

The Lead Plaintiff Process

Under the Private Securities Litigation Reform Act of 1995, any investor who purchased SLM securities during the established class period can apply to serve as the lead plaintiff. This position is typically granted to the individual or entity with the largest financial interest that also mirrors the interests of other members of the class. The lead plaintiff will have the responsibility to represent all class members and can select their preferred legal counsel for the proceedings. Importantly, participation as lead plaintiff does not affect the investor’s right to any recovery that may arise from the lawsuit.

Legal Representation and Next Steps

For those investors who experienced significant losses and are interested in participating in this class action, it is crucial to act swiftly. Interested individuals can provide their information through the law firm’s dedicated webpage or directly contact attorneys J.C. Sanchez or Jennifer N. Caringal for further details. This is a pivotal moment for investors looking to hold SLM accountable for the alleged misrepresentations and restore their financial losses.

About Robbins Geller

Robbins Geller Rudman & Dowd LLP is renowned within the realm of securities law as a leading firm representing investors engaged in securities fraud and shareholder litigation. With a track record of recovering substantial monetary relief for investors—over $2.5 billion in 2024 alone—the firm has become synonymous with investor advocacy. With its extensive expertise, Robbins Geller remains committed to providing high-quality representation for shareholders seeking justice.

For more information on the SLM class action lawsuit or to learn about potential participation, visit Robbins Geller's website or reach out directly through the provided contact information.

Navigating the complexities of securities law can be daunting, but with the right legal support, Sallie Mae investors have the opportunity to reclaim their losses and contribute to a collective fight against corporate misconduct.