SLM Corporation Common Stock (NASDAQ: SLM)
31 Days left to seek lead plaintiff status.
The Complaint alleges that the Defendants made materially false and misleading statements regarding SLM’s business, operations, and prospects that artificially inflated the prices of SLM’s securities during the Class Period. Specifically, 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’s loss mitigation and/or loan modification programs, as well as the overall stability of the Company’s PEL delinquency rates; and (iii) as a result, Defendants’ public statements made a materially false and misleading impression regarding SLM’s business, operations, and prospects at all relevant times.