SLM Corporation Faces Class Action Lawsuit Over Misleading Statements
ByAinvest
Friday, Feb 13, 2026 12:59 am ET1min read
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A class action lawsuit has been filed against SLM Corporation (Sallie Mae) for allegedly violating the Securities Exchange Act of 1934. The lawsuit claims that the company made false and misleading statements about the effectiveness of its loan modification and loss mitigation programs. The class period is from July 25, 2025 to August 14, 2025, and the deadline for appointment as lead plaintiff is February 17, 2026.
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