#USA #New York #Class Action #Gross Law Firm #SLM Corporation

Class Action Lawsuit Against SLM Corporation

On February 5, 2026, The Gross Law Firm announced a class action lawsuit targeting SLM Corporation, listed on NASDAQ under the ticker SLM. This action specifically affects those shareholders who purchased shares of SLM between July 25, 2025, and August 14, 2025. The firm is encouraging these shareholders to step forward to seek a potential lead plaintiff role, although participating in the lawsuit does not require this designation.

Details of the Class Action

The allegations outlined in this lawsuit indicate that during the specified class period, SLM Corporation and its executives made significant misrepresentations and failed to disclose critical financial data regarding the company's performance. Specifically, it has been claimed that:

• - SLM was witnessing a substantial spike in early stage delinquencies.
• - The effectiveness of SLM's loss mitigation and loan modification programs was overstated, leading investors to believe that the company's private education loan delinquency rates were more stable than they actually were.
• - Consequently, public statements by the defendants created a misleading image of SLM's business health and operational viability.

Why Shareholders Should Act Now

The deadline for affected shareholders to register and potentially become lead plaintiffs is set for February 17, 2026. The Gross Law Firm is urging those impacted to act quickly to safeguard their rights. Shareholders interested in participating can register their information easily online through the firm’s dedicated site.

Next Steps for Interested Shareholders

Once registered, shareholders will benefit from a specialized portfolio monitoring software which provides ongoing updates about the case status. Importantly, participating in the lawsuit incurs no cost or obligation, making this a risk-free opportunity for shareholders who may have incurred losses.

About The Gross Law Firm

The Gross Law Firm is nationally recognized for advocating the rights of investors, particularly in cases of fraud, deceit, and corporate wrongdoings. Their mission emphasizes holding corporations accountable for their actions and ensuring responsible practices in business operations. The firm seeks recovery for investors whose interests have been compromised by misleading corporate behavior.

Contact Information

For those interested in this class action or looking to obtain more details, they can reach out to The Gross Law Firm directly:

• - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
• - Email: [email protected]
• - Phone Number: (646) 453-8903

In conclusion, shareholders of SLM Corporation are encouraged to take immediate action. By joining this class action, they can collectively challenge the alleged mismanagement and untruthful statements made by the company’s leadership during the critical period under investigation.