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

Class Action Lawsuit Against SLM Corporation

In recent news, Levi & Korsinsky, LLP has announced a class action lawsuit targeting SLM Corporation, ticker symbol SLM. This legal action is specifically aimed at investors who sustained financial losses due to alleged securities fraud that took place between July 25, 2025 and August 14, 2025.

Background of the Case

The core allegations surrounding this lawsuit stem from claims of misinformation and concealment by SLM Corporation's management. The lawsuit asserts that during the specified time frame, the company made statements which were either false or misleading regarding its financial health. It is alleged that:

1. Increase in Delinquencies: The defendants failed to reveal a notable rise in early-stage delinquency rates affecting their private education loan segment.
2. Misrepresented Effectiveness: Defendants allegedly overstated the success of SLM's loss mitigation and loan modification efforts, misleading investors about the overall stability and prospects of the company.
3. Impact on Public Statements: These inaccuracies contributed to a materially false impression of SLM's business operations and future outlook.

As a result of these deceptive practices, the market response negatively impacted the stock value, leading to significant losses for shareholders.

Next Steps for Affected Investors

Investors affected by the alleged fraud have until February 17, 2026 to officially request to be appointed as lead plaintiff in the class action. However, it is important to note that participating as a lead plaintiff is not a prerequisite for eligibility in any potential recovery from the suit.

This announcement serves as a call to action for all SLM shareholders who believe they have been economically impacted. Affected individuals can gain more information and initiate further action by visiting the designated link or directly contacting Joseph E. Levi, Esq. via email or phone for legal guidance.

Zero Financial Risk

Participating in this class action lawsuit entails no out-of-pocket costs for investors. Those who qualify as class members may potentially receive compensation without any financial obligation during the process. Levi & Korsinsky has built a strong track record in the field of securities litigation, having secured considerable settlements for thousands of shareholders in similar cases over the past twenty years.

Why Choose Levi & Korsinsky?

The firm brings extensive expertise in representing entities dealing with complex securities cases. With a dedicated team of over 70 professionals, Levi & Korsinsky has been recognized consistently in industry rankings, ensuring that they are well-equipped to advocate for the rights of investors. Their commitment to excellence has led them to be ranked in the top tier of securities litigation firms nationwide by ISS Securities Class Action Services for seven consecutive years.

Contact Information

For further inquiries, interested parties should reach out directly to Levi & Korsinsky, LLP. Below are the key contact details:

• - Joseph E. Levi, Esq.

Email: [email protected]
Phone: (212) 363-7500
Address: 33 Whitehall Street, 27th Floor, New York, NY 10004

The situation around SLM Corporation highlights the importance of investor vigilance in financial markets. Those affected are advised to act promptly to ensure their voices are heard as part of this significant legal effort.