A class action lawsuit has been filed against SLM Corporation and certain officers in the United States District Court for the District of New Jersey. The lawsuit alleges that, between July 25, 2025 and August 14, 2025, the company made materially false and misleading statements about its business and loan delinquency rates, overstating the effectiveness of its loss mitigation and loan modification programs. Investors who acquired SLM securities during this period may seek to recover damages under federal securities laws. The deadline to request appointment as Lead Plaintiff is February 17, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SLM Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602171308PRIMZONEFULLFEED9656029) on February 17, 2026, and is solely responsible for the information contained therein.