Sallie Mae Investors Urged to Seek Lead Role in Securities Case Over Alleged Delinquency Disclosures

Overview

• A securities class action has been filed against SLM Corporation covering investors who bought shares from July 25, 2025 through August 14, 2025.
• The complaint alleges the company concealed a jump in early‑stage private education loan delinquencies and overstated the effectiveness of its loss‑mitigation programs.
• A TD Cowen report on August 14, 2025 cited a roughly 49‑basis‑point month‑over‑month rise in July delinquencies, after which the stock fell about 8% on August 15.
• Berger Montague, Rosen Law Firm, and Levi & Korsinsky have issued notices recruiting investors during the lead‑plaintiff selection phase.
• No class has been certified and the claims remain unproven, with firms noting investors may seek representation on a contingency basis without out‑of‑pocket fees.