SLM Corporation Securities Class Action

SLM Corporation Securities Fraud Investigation

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Practice Area: Securities Fraud & Investor Protection

Case Status: Pending

Ticker Symbol: NASDAQ: SLM

Investigation Deadline: February 17, 2026

A class action lawsuit has been filed against SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) on behalf of investors who purchased or otherwise acquired Sallie Mae securities during the period of July 25, 2025 through August 14, 2025 (the “Class Period”), inclusive.

Investor Deadline: Investors who purchased Sallie Mae securities during the Class Period may, no later than February 17, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, contact Berger Montague.

Sallie Mae, based in Newark, Delaware, originates and services private education loans (PELs) for families and students.

The lawsuit claims that during the Class Period, defendants misled investors regarding Sallie Mae’s loan delinquencies. The complaint alleges that although the Company was facing a rise in delinquencies, defendants repeatedly assured investors that such a delinquency increase was in line with typical seasonal patterns, and touted the success of enhanced loss mitigation and loan modification efforts.

Investors allegedly learned the actual condition of Sallie Mae’s loan portfolio from a TD Cowen report released on August 14, 2025, which revealed a 49-basis-point month-over-month increase in July delinquencies, exceeding seasonal norms. Following this disclosure, Sallie Mae’s stock dropped $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025.

If you are a Sallie Mae investor and would like to learn more about this action, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.