--- title: "15:28 ETSLM Corporation (SLM) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit" type: "News" locale: "en" url: "https://longbridge.com/en/news/275804078.md" description: "The Law Offices of Howard G. Smith announced that investors who suffered losses in SLM Corporation (NASDAQ: SLM) have the opportunity to lead a securities fraud class action lawsuit. The lawsuit alleges that SLM failed to disclose significant increases in early-stage delinquencies and overstated the effectiveness of its loss mitigation programs. Investors are encouraged to contact the law firm before February 17, 2026, to participate in the lawsuit." datetime: "2026-02-12T20:29:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275804078.md) - [en](https://longbridge.com/en/news/275804078.md) - [zh-HK](https://longbridge.com/zh-HK/news/275804078.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275804078.md) | [繁體中文](https://longbridge.com/zh-HK/news/275804078.md) # 15:28 ETSLM Corporation (SLM) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit , /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against SLM Corporation a/k/a Sallie Mae ("SLM" or the "Company") (NASDAQ: SLM). **IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SLM CORPORATION (SLM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE FEBRUARY 17, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.** Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at \[email protected\], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. **What Is The Lawsuit About? **The complaint filed alleges that, between July 25, 2025 and August 14, 2025, Defendants failed to disclose to investors that: (1) SLM was experiencing a significant increase in early stage delinquencies; (2) accordingly, Defendants 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; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. **Contact Us To Participate or Learn More: **If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact: Howard G. Smith, Esq., Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Call us at: (215) 638-4847 Email us at: \[email protected\], Visit our website at: www.howardsmithlaw.com. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. **Contact Us: **Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 \[email protected\] www.howardsmithlaw.com SOURCE Law Offices of Howard G. Smith ### Related Stocks - [SLM Corporation (SLM.US)](https://longbridge.com/en/quote/SLM.US.md) ## Related News & Research - [Sallie Mae® Expands Graduate Loan Options For Medical and Dental Students | SLM Stock News](https://longbridge.com/en/news/279442383.md) - [Does Sallie Mae’s US$2 Billion Private Loan Sale Shift The Bull Case For SLM (SLM)?](https://longbridge.com/en/news/279137294.md) - [The Sallie Mae Fund Now Accepting Applications for Bridging the Dream Scholarship for High School Seniors | SLM Stock News](https://longbridge.com/en/news/279310241.md) - [SLM’s Accelerated Buyback And Tech Hire Put Valuation In New Focus](https://longbridge.com/en/news/279097913.md) - [16:22 ETEos Energy Enterprises (EOSE) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit](https://longbridge.com/en/news/279485878.md)