Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SLM Corporation (“SLM” or “the Company”) (NASDAQ: SLM) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. SLM filed a Form 10-Q on October 22, 2026, revealing that it “pausing the majority of third-party recovery activities while we continue to develop and implement a more effective, customer-aligned approach.” The Company also stated that net charge-offs for the first nine months climbed to $292 million. Based on this news, shares of SLM fell sharply.
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We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at david@schallfirm.com.
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20261028376102/en/
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