Investor Alert: Securities Fraud Class Action Lawsuit Announced by Bernstein Liebhard LLP

A securities fraud class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of SLM Corporation a/k/a Sallie Mae between July 25, 2025, and August 14, 2025. The lawsuit, filed by Bernstein Liebhard LLP, alleges that Defendants misrepresented the effectiveness of SLM’s loss mitigation and loan modification programs, as well as the stability of the Company’s private education loan delinquency rates.

If you owned shares of SLM Corporation during the specified period and experienced financial losses, you may be eligible to join the class action lawsuit. To learn more about your legal rights and options, you can contact Investor Relations Manager Peter Allocco at (212) 951-2030 or visit the dedicated webpage for the SLM Corporation Shareholder Class Action Lawsuit.

If you wish to serve as the lead plaintiff representing the Class, you must file the necessary paperwork by February 17, 2026. The lead plaintiff acts on behalf of other class members in directing the litigation, and you do not have to serve as the lead plaintiff to share in any potential recovery. All legal representation in this matter is provided on a contingency fee basis, meaning that shareholders do not pay any fees or expenses upfront.

Bernstein Liebhard LLP, the law firm managing this case, has a successful track record of recovering billions of dollars for its clients since 1993. The firm has represented individual investors and large pension funds alike, pursuing litigation to protect their assets. With a history of litigating hundreds of class actions, Bernstein Liebhard LLP has been recognized in The National Law Journal’s “Plaintiffs’ Hot List” multiple times and listed in The Legal 500 for sixteen consecutive years.

The allegations in the lawsuit focus on the misleading statements made by SLM Corporation regarding the efficacy of its loss mitigation and loan modification programs, as well as the stability of its private education loan delinquency rates. Shareholders who purchased or acquired SLM securities during the specified period may have a legal claim against the Company for these misrepresentations. By joining the class action lawsuit, eligible investors can seek to recover their losses and hold the Company accountable for its alleged misconduct.