#USA #San Diego #Class Action #Sallie Mae #SLM Corporation

Class Action Alert: Sallie Mae Investors Have Their Day in Court

Investors who suffered considerable losses in SLM Corporation, widely recognized as Sallie Mae, have the opportunity to take a stand. Robbins Geller Rudman & Dowd LLP has announced a new class action lawsuit which could pave the way for investors to reclaim their losses. If you invested in Sallie Mae securities between July 25 and August 14, 2025, now is the time to act.

Background of the Case

The initiated lawsuit, identified as Zappia v. SLM Corporation, has raised serious allegations against the company and its top executives for violating the Securities Exchange Act of 1934. The claims argue that the defendants made misleading statements and failed to disclose critical information which resulted in investors suffering substantial financial losses. This marks a significant chapter in the history of Sallie Mae as the company has been a pivotal player in student loans.

Allegations Against SLM Corporation

According to the lawsuit, during the specified Class Period, SLM was experiencing a troubling increase in early-stage delinquencies. Reports from investment bank TD Cowen highlighted a significant rise in delinquencies that went against public assertions made by SLM's CFO, Peter M. Graham, who emphasized that the company was on track with normal seasonal trends. The disparity between what investors were told and the reality created a situation where stock values plummeted, resulting in heavy losses for shareholders. Following TD Cowen's findings, the stock price of SLM dropped about 8%, cementing concerns about the company's financial stability.

The Lead Plaintiff Process

Under the Private Securities Litigation Reform Act of 1995, anyone who invested in SLM securities during the Class Period can seek appointment as lead plaintiff in this class action. This opportunity not only allows a voice in the proceedings but can also lead to greater transparency regarding the company’s operations and securities practices. A lead plaintiff has the responsibility of acting on behalf of all other class members, making decisions about the course of the lawsuit, and representing their interests.

How to Join the Class Action

Investors who think they may qualify to be a lead plaintiff must submit their information as soon as possible. The deadline is February 17, 2026. Those interested can find guidance on the Robbins Geller website or directly reach out to their attorney J.C. Sanchez for more details. It’s important that potential plaintiffs act quickly as the window for filing is limited.

About Robbins Geller Rudman & Dowd LLP

Robbins Geller Rudman & Dowd LLP is a prominent law firm that specializes in representing investors in securities fraud cases. The firm has garnered accolades for its effectiveness in litigating class action suits and recovering substantial sums for affected investors. With over 200 attorneys distributed across multiple offices, Robbins Geller is equipped to handle complex cases which require extensive legal expertise.

In the past year alone, the firm recovered over $2.5 billion for investors involved in various securities-related class actions, reaffirming their position as industry leaders. The outcomes of previous cases illustrate the potential for recovery, though past results do not guarantee future outcomes.

Conclusion

For investors who suffered significant losses with SLM Corporation, now is the pivotal moment to consider involvement in this class action lawsuit. The ramifications of the company’s alleged misleading practices resonate across the investment community, and participating in this legal battle could contribute to holding those responsible accountable while potentially recovering losses. Don’t wait; ensure your voice and interests are part of this essential process.