Particle.news
Download on the App Store

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.