SLM Securities Case Moves Into Lead-Plaintiff Stage as Feb. 17 Deadline Approaches
Notices from several investor firms urge shareholders who traded last summer to seek lead status.
Overview
- Rosen Law Firm, The Schall Law Firm, and DJS Law Group issued reminders of the February 17, 2026 cutoff to seek appointment as lead plaintiff in the SLM lawsuit.
- The putative class period covers purchases of SLM securities from July 25, 2025 through August 14, 2025.
- The complaint alleges SLM misled investors by overstating its loss‑mitigation and loan‑modification effectiveness and by failing to disclose a rise in early‑stage delinquencies.
- Claims are brought under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b‑5.
- No class has been certified, and investors are not represented by counsel unless they retain one or a class is certified.