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SLM (SLM)

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Earnings summaries and quarterly performance for SLM.

Recent press releases and 8-K filings for SLM.

SLM Corporation Faces Class Action Lawsuit
SLM
Legal Proceedings
Demand Weakening
  • A class action lawsuit has been filed against SLM Corporation (Sallie Mae), reminding investors of the opportunity to file a lead plaintiff motion.
  • The Class Period for the lawsuit is July 25, 2025 \u2013 August 14, 2025.
  • The Lead Plaintiff Deadline for this class action is February 17, 2026.
  • The complaint alleges that SLM made materially false and/or misleading statements by failing to disclose a significant increase in early stage delinquencies and overstating the effectiveness of its loss mitigation programs and the stability of its PEL delinquency rates.
5 hours ago
SLM Corporation Faces Class Action Lawsuit
SLM
Legal Proceedings
Demand Weakening
Profit Warning
  • Pomerantz LLP has filed a class action lawsuit against SLM Corporation (SLM) and certain officers for alleged violations of federal securities laws.
  • The lawsuit covers investors who purchased SLM securities between July 25, 2025, and August 14, 2025.
  • The complaint alleges that SLM made materially false and misleading statements regarding a significant increase in early stage delinquencies in its private education loans, contradicting prior assurances from its CFO.
  • Following a TD Cowen report on August 14, 2025, which noted July 2025 delinquencies were 49 basis points month-over-month (worse than seasonal trends), SLM's stock price fell 8.09% on August 15, 2025.
  • Investors have until February 17, 2026, to apply to be Lead Plaintiff.
8 hours ago
SLM Corporation Faces Federal Securities Class Action Investigation
SLM
Legal Proceedings
Demand Weakening
  • Faruqi & Faruqi, LLP is investigating potential claims against SLM Corporation and a federal securities class action has been filed, with a deadline for lead plaintiff applications set for February 17, 2026.
  • The complaint alleges that SLM and its executives made false or misleading statements by failing to disclose a significant increase in early stage delinquencies and overstating the effectiveness of loss mitigation programs.
  • This issue was highlighted by an August 14, 2025, TD Cowen report, which noted a 49 basis point month-over-month increase in July 2025 delinquencies, leading to an 8.09% drop in SLM's stock price on August 15, 2025.
  • Investors who purchased SLM securities between July 25, 2025, and August 14, 2025, and suffered losses are encouraged to contact the firm.
1 day ago
SLM Corporation Faces Class Action Lawsuit
SLM
Legal Proceedings
Demand Weakening
  • Pomerantz LLP has filed a class action lawsuit against SLM Corporation (NASDAQ: SLM) and certain officers, alleging violations of federal securities laws.
  • The lawsuit claims defendants made materially false and misleading statements regarding SLM's business, operations, and prospects, specifically concerning rising delinquency rates for private education loans (PELs).
  • The class period for investors is between July 25, 2025, and August 14, 2025.
  • Following a TD Cowen report on August 14, 2025, which highlighted higher-than-seasonal delinquency rates, SLM's stock price fell $2.67 per share, or 8.09%, to close at $30.32 per share on August 15, 2025.
2 days ago
SLM Corporation Faces Class Action Lawsuit
SLM
Legal Proceedings
Demand Weakening
  • A class action lawsuit has been filed against SLM Corporation a/k/a Sallie Mae.
  • The lawsuit covers a Class Period from July 25, 2025, to August 14, 2025, with a Lead Plaintiff Deadline of February 17, 2026.
  • The complaint alleges that SLM was experiencing a significant increase in early stage delinquencies and overstated the effectiveness of its loss mitigation and loan modification programs, as well as the stability of its PEL delinquency rates.
6 days ago
Faruqi & Faruqi Investigates SLM Corporation for Securities Violations
SLM
Legal Proceedings
Demand Weakening
Profit Warning
  • Faruqi & Faruqi, LLP is investigating SLM Corporation for potential federal securities law violations, alleging the company made false or misleading statements.
  • The investigation focuses on claims that SLM experienced a significant increase in early-stage delinquencies and overstated the effectiveness of its loss mitigation programs.
  • Following a TD Cowen report on August 14, 2025, which flagged higher-than-seasonal delinquencies, SLM's stock price fell $2.67 per share, or 8.09%, on August 15, 2025.
  • Investors who purchased SLM securities between July 25, 2025, and August 14, 2025, have until February 17, 2026, to seek the role of lead plaintiff in the class action.
6 days ago
SLM Corporation Faces Class Action Lawsuit
SLM
Legal Proceedings
  • A class action lawsuit has been filed against SLM Corporation (Sallie Mae) on behalf of investors who purchased securities during the period of July 25, 2025 through August 14, 2025.
  • The lawsuit alleges that Sallie Mae concealed a spike in loan delinquencies and their true cause, despite telling investors that increases were seasonal and emphasizing effective loss mitigation programs.
  • The alleged truth about the delinquency spike was revealed in a TD Cowen report published on August 14, 2025, showing July delinquencies up 49 basis points month-over-month.
  • In reaction to this news, Sallie Mae's stock declined $2.67 per share, or 8.09%, to $30.32 at the close of trading on August 15, 2025.
  • Investors who purchased Sallie Mae securities during the Class Period may seek to be appointed as a lead plaintiff representative of the class no later than February 17, 2026.
Jan 7, 2026, 2:17 PM
SLM Corporation Faces Securities Class Action Investigation
SLM
Legal Proceedings
Demand Weakening
Profit Warning
  • Faruqi & Faruqi, LLP is investigating SLM Corporation for potential federal securities law violations and has filed a class action lawsuit.
  • The complaint alleges that SLM experienced a significant increase in early stage delinquencies and made false or misleading statements regarding the effectiveness of its loss mitigation programs and the stability of its delinquency rates.
  • An August 14, 2025, report by TD Cowen indicated that July 2025 delinquencies were up 49 basis points month-over-month, which was higher than seasonal expectations and contradicted earlier company assurances.
  • Following the TD Cowen report, SLM's stock price fell $2.67 per share, or 8.09%, closing at $30.32 per share on August 15, 2025.
  • Investors who purchased SLM securities between July 25, 2025, and August 14, 2025, may be affected, with a deadline of February 17, 2026, to seek the role of lead plaintiff.
Jan 6, 2026, 3:33 PM
SLM Corporation Investors Face Class Action Lawsuit Deadline
SLM
Legal Proceedings
Demand Weakening
Profit Warning
  • Investors in SLM Corporation (Sallie Mae) have until February 17, 2026, to seek lead plaintiff status in a class action lawsuit.
  • The lawsuit alleges that SLM executives made false or misleading statements regarding the company's private education loan (PEL) delinquency rates and the effectiveness of its loss mitigation programs during the Class Period of July 25, 2025, to August 14, 2025.
  • These allegations stem from an August 14, 2025, TD Cowen report which highlighted a 49 basis point month-over-month increase in July 2025 delinquencies, contradicting management's assurances and resulting in an 8% drop in SLM's stock price.
Jan 5, 2026, 2:25 PM
SLM Faces Class Action Lawsuit with February 17, 2026 Lead Plaintiff Deadline
SLM
Legal Proceedings
Demand Weakening
  • Faruqi & Faruqi, LLP is investigating SLM Corporation for alleged federal securities law violations, claiming the company made false or misleading statements regarding a significant increase in early stage delinquencies and the effectiveness of its loss mitigation programs.
  • The class action lawsuit covers investors who purchased or acquired SLM securities between July 25, 2025, and August 14, 2025.
  • On August 14, 2025, TD Cowen reported that July 2025 delinquencies were up 49 basis points month-over-month, driven by a 45 basis point increase in early stage delinquencies, which contradicted earlier company statements.
  • Following TD Cowen's report, SLM's stock price fell $2.67 per share, or 8.09%, closing at $30.32 per share on August 15, 2025.
  • The deadline for investors to seek the role of lead plaintiff in the federal securities class action is February 17, 2026.
Jan 3, 2026, 12:43 PM