{"id":924994,"date":"2026-01-07T13:35:23","date_gmt":"2026-01-07T18:35:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-slm-corporation-slm\/"},"modified":"2026-01-07T13:35:23","modified_gmt":"2026-01-07T18:35:23","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-slm-corporation-slm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-slm-corporation-slm\/","title":{"rendered":"Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against SLM Corporation (SLM)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Jan.  07, 2026  (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of all persons or entities who purchased or otherwise acquired SLM Corporation (\u201cSLM\u201d or the \u201cCompany\u201d) (NASDAQ: SLM) securities between July 25, 2025 and August 14, 2025.<\/p>\n<p align=\"justify\">The Complaint alleges that Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) SLM was experiencing a significant increase in early stage delinquencies; (ii) accordingly, Defendants overstated the effectiveness of SLM\u2019s loss mitigation and\/or loan modification programs, as well as the overall stability of the Company\u2019s PEL delinquency rates; and (iii) as a result, Defendants\u2019 public statements made a materially false and misleading impression regarding SLM\u2019s business, operations, and prospects at all relevant times.<\/p>\n<p align=\"justify\">Investors who purchased or otherwise acquired shares of SLM should contact the Firm prior to the <strong><em>February 17, 2026<\/em><\/strong> lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna &amp; Egleston at (212) 983-1300, or via e-mail at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8WSfdfU_oAZO4mAkUEf2sEIkFTPfSKRmy-aVT9JlxlVQjeZpOZzOKKz6amaKZYZs2l8mUozaIuZ-tZY-uahtQ7hmf0kBs6wVSixyzhrfDsg=\" rel=\"nofollow\" target=\"_blank\"><u>tjmckenna@gme-law.com<\/u><\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=41kU2NXSnRe9Gteogq527Hm-rcc_nPb8knhIYP5W1Cx1FBISuYJLrMvgsInWBr9cRtkpl-AhyD4s3ureQ8aeFu5opVLHEWS5ZxoEiFdnEbU=\" rel=\"nofollow\" target=\"_blank\"><u>gegleston@gme-law.com<\/u><\/a>.<\/p>\n<p align=\"justify\">Please visit our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MegnapS1wtLkDAkgkGU1W454QFIfP7iCcdTjGbHmdWynRyE6e1S6yq2FFI26g3uIKwJ-Zf0wtE1rYunQvltu8rqGxm0fgrB7c3xOT7U-fl0=\" rel=\"nofollow\" target=\"_blank\"><u>http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyMTY0OCM3MzQ5NjU4IzIwMTc3MDQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MmZlMTU3ZGYtMWRjOS00YmYxLThiMmEtYWI0ZjQwNjQyZGZkLTEwMjkyNzQtMjAyNi0wMS0wNy1lbg==\/tiny\/Gainey-McKenna-Egleston.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of all persons or entities who purchased or otherwise acquired SLM Corporation (\u201cSLM\u201d or the \u201cCompany\u201d) (NASDAQ: SLM) securities between July 25, 2025 and August 14, 2025. The Complaint alleges that Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) SLM was experiencing a significant increase in early stage delinquencies; (ii) accordingly, Defendants overstated the effectiveness of SLM\u2019s loss mitigation and\/or loan modification programs, as well as the overall stability of the Company\u2019s PEL delinquency rates; and (iii) as a result, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-slm-corporation-slm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against SLM Corporation (SLM)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-924994","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against SLM Corporation (SLM) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-slm-corporation-slm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against SLM Corporation (SLM) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of all persons or entities who purchased or otherwise acquired SLM Corporation (\u201cSLM\u201d or the \u201cCompany\u201d) (NASDAQ: SLM) securities between July 25, 2025 and August 14, 2025. The Complaint alleges that Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) SLM was experiencing a significant increase in early stage delinquencies; (ii) accordingly, Defendants overstated the effectiveness of SLM\u2019s loss mitigation and\/or loan modification programs, as well as the overall stability of the Company\u2019s PEL delinquency rates; and (iii) as a result, &hellip; Continue reading &quot;Gainey McKenna &amp; Egleston Announces a Class Action Lawsuit Has Been Filed Against SLM Corporation (SLM)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-slm-corporation-slm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-07T18:35:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyMTY0OCM3MzQ5NjU4IzIwMTc3MDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-slm-corporation-slm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-slm-corporation-slm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Gainey McKenna &amp; 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