Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In SLM To Contact Him Directly To Discuss Their Options
If you purchased or acquired SLM common stock between July 25, 2025, and August 14,2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Forunato directly at (212) 355-4648.
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NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) --
What’s Happening:
- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against SLM Corporation (“SLM” or the “Company”) (NASDAQ: SLM) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired SLM common stock between July 25, 2025, and August 14, 2025, both dates inclusive (the “Class Period”). Investors have until February 17, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Allegation Details:
- The lawsuit has been filed on behalf of investors who purchased securities during the period of July 25, 2025 through August 14, 2025, inclusive (“the Class Period”). The lawsuit alleges SLM made false and/or misleading statements and/or failed to disclose that: (i) SLM was experiencing a significant increase in early stage delinquencies and (ii) accordingly, SLM overstated the effectiveness of SLM's loss mitigation and/or loan modification programs, as well as the overall stability of the Company's PEL delinquency rates.
- On August 14, 2025, investment bank TD Cowen issued a report addressing SLM, flagging that, “overall, July [2025] delinquencies were up 49 bp m/m, higher (worse) than the seasonal (+10 bps) performance for July, driven by a 45 bps increase in early stage delinquencies.” Notably, TD Cowen’s findings directly contradicted assurances made late in the month of July 2025 that SLM were observing delinquency rates that “really are following the normal seasonal trends we would expect in the business.” On this news, the price of SLM shares declined by $2.67 per share, or approximately 8.1%, from $32.99 per share on August 14, 2025 to close at $30.32 on August 15, 2025.
Next Steps:
- If you purchased or otherwise acquired SLM shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
