Class Action Lawsuit Filed Against SLM Corporation (Sallie Mae)

Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, has announced a new class action lawsuit against SLM Corporation, also known as Sallie Mae, and certain of its officers. This legal action alleges that Sallie Mae made false and misleading statements to investors, resulting in artificial inflation of the company’s stock price — harming those who purchased or acquired SLM securities during a specified period in 2025.

Overview of the Legal Action

The lawsuit seeks to recover financial damages on behalf of investors and entities that purchased SLM securities between July 25, 2025 and August 14, 2025, inclusive — a period the lawsuit refers to as the “Class Period.” Investors who fall into this group are encouraged to consider joining the class action and explore their legal options.

What the Complaint Alleges

According to the complaint, Sallie Mae and certain company officers made materially false or misleading public statements about the company’s business operations, financial condition, and future prospects during the Class Period. These statements, the complaint says, had the effect of keeping the company’s stock price higher than it otherwise would have been.

The specific allegations in the complaint include:

• SLM was experiencing a significant increase in early stage delinquencies on its private education loans (PELs), contrary to what was publicly communicated.
• The company overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall health of its PEL delinquency rates.
• As a result, investors were given a misleading impression of the company’s financial stability and prospects.

Important Deadlines and Next Steps

Investors who suffered losses in SLM securities during the Class Period have the opportunity to join the lawsuit. If they wish to be appointed as a lead plaintiff — a representative party for the entire class — they must file a motion with the court by February 17, 2026. However, participating in the recovery does not require serving as lead plaintiff.

Investors seeking more information or a copy of the complaint can visit the law firm’s website or contact the attorneys at Bronstein, Gewirtz & Grossman, LLC directly.

Legal Representation Details

The law firm represents investors on a contingency fee basis, which means no upfront cost for clients. The firm would receive reimbursement for expenses and attorney fees only if there is a successful recovery in the case.

Bronstein, Gewirtz & Grossman, LLC is known for representing investors in securities fraud class actions and shareholder derivative suits and has recovered significant amounts for investors in past cases.

Background on SLM Corporation (Sallie Mae)

SLM Corporation, commonly called Sallie Mae, is an American financial services company that offers private student loans, credit cards, and other banking products. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol SLM.

Sallie Mae has a long history tied to U.S. student loan markets, originally established as the Student Loan Marketing Association in the 1970s before transitioning into a private company. Its business centers on consumer banking and private education lending.

Why Investors Should Pay Attention

When companies make public statements about their financial health and business operations, investors rely on that information to make decisions about buying or selling securities. If a company knowingly or negligently makes misleading statements that impact stock prices, investors who relied on that information may be entitled to recover losses through legal action.

This class action seeks to hold Sallie Mae and its officers accountable and secure compensation for investors who may have been harmed by inaccurate disclosures.

How to Join the Class Action

Investors who fall within the described Class Period and believe they suffered financial losses should:

1. Visit the law firm’s dedicated case page for SLM Corporation.
2. Review details of the complaint.
3. Submit a claim or motion to be appointed lead plaintiff before the deadline of February 17, 2026.
4. Consult with legal counsel about the best way to proceed.

Joining a class action does not require individual litigation, and the law firm handles the legal work on behalf of the entire group of investors.

What’s at Stake for Investors

If plaintiffs succeed in proving that Sallie Mae made false or misleading statements that inflated the company’s stock price, affected investors could be eligible for financial recovery. Court proceedings and negotiations may result in settlements or judgments that distribute compensation among class members.

Investors should monitor updates from the law firm and court filings as the case progresses.

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