#United States #New York #Class Action #Levi & Korsinsky #SLM Corporation

SLM Corporation Class Action Lawsuit Overview

In a recent announcement, the law firm Levi & Korsinsky, LLP has alerted investors of SLM Corporation (NASDAQ: SLM) regarding a class action securities lawsuit. This lawsuit aims to recover losses for SLM investors who were impacted by alleged securities fraud occurring from July 25, 2025, to August 14, 2025.

Class Definition

The class action lawsuit is defined to include SLM Corporation stockholders who experienced losses during the designated period. The allegations indicate that the company's supposed financial health was misleadingly represented, jeopardizing the investors' interests.

Case Details

The filed complaint highlights several critical points:

• - Increased Delinquencies: Defendants allegedly concealed a significant rise in early-stage delinquencies, suggesting SLM was not as financially stable as publicly claimed. This could influence any loan modifications and loss mitigation strategies that the company had boasted about.
• - Misrepresentation of Stability: Statements made by SLM purported that their loan modification programs were effective, while in reality, the overall stability of the company's private education loan delinquency rates was overstated.
• - Falsified Perception: The public statements from SLM possibly created a materially false and misleading impression concerning the company's business operations and future prospects, affecting investor decision-making.

What’s Next for Investors?

If you experienced financial losses in SLM Corporation during the time frame of the alleged misconduct, it is pivotal to note that the deadline to request appointment as a lead plaintiff is February 17, 2026. However, it’s important to understand that participating in any recovery does not necessitate serving as a lead plaintiff, hence investors can still seek compensation without active involvement in the lawsuit.

No Cost to Participate

Crucially, investors wishing to participate in the class action may be entitled to receive compensation without any out-of-pocket costs or incurred fees. Levi & Korsinsky assures that there is no financial obligation attached to involvement in this class action suit, providing a no-cost opportunity to affected investors to seek recovery due to the alleged wrongdoing by SLM Corporation.

Why Levi & Korsinsky?

Levi & Korsinsky has a distinguished history, spanning over 20 years, committed to representing investors and securing numerous victories in high-stakes securities litigation. The firm has garnered recognition as one of the top securities litigation firms according to ISS Securities Class Action Services, consistently ranking in the Top 50 Report for seven years. With a dedicated team of over 70 professionals, they possess extensive expertise in navigating complex legal matters on behalf of investors.

Contact Information

For those interested, further details about the lawsuit can be obtained by contacting Joseph E. Levi, Esq. via email at [email protected] or by calling (212) 363-7500. Additional information is also available on the firm’s official website at www.zlk.com.

This class action represents an essential opportunity for investors in SLM Corporation to reclaim lost investments due to potentially fraudulent activity within the company. Keeping abreast of developments and acting promptly before the deadline can make a significant difference for affected shareholders.

Conclusion

In conclusion, the ongoing proceedings highlight the importance for shareholders of SLM Corporation to stay informed and take action where appropriate. The class action lawsuit is a vital step towards addressing the grievances of impacted investors, showcasing the critical role that legal recourse plays in corporate accountability.