LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased SLM CorporationLOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased SLM Corporation

Law Offices of Frank R. Cruz Encourages SLM Corporation (SLM) Shareholders To Inquire About Securities Fraud Class Action

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased SLM Corporation a/k/a Sallie Mae (“SLM” or the “Company”) (NASDAQ: SLM) securities between July 25, 2025 and August 14, 2025, inclusive (the “Class Period”). SLM investors have until February 17, 2026 to file a lead plaintiff motion.

IF YOU SUFFERED A LOSS ON YOUR SLM CORPORATION (SLM) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT.

You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.com.

What Happened?

On August 14, 2025, investment bank TD Cowen issued a report stating that delinquencies on SLM’s private education loans in July 2025 were overall “higher (worse) than the seasonal . . . performance for July, driven by [an increase] in early stage delinquencies.”

TD Cowen’s findings directly contradicted the statements of the Company’s Chief Financial Officer, Peter Graham, made less than a month earlier, which asserted that SLM was observing delinquency rates that were merely “following the normal seasonal trends[.]”

On this news, SLM’s stock price fell $2.67, or 8.1%, to close at $30.32 per share on August 15, 2025, thereby injuring investors.

What Is The Lawsuit About?

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, 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 purchased SLM securities, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE or contact us at:

Law Offices of Frank R. Cruz

2121 Avenue of the Stars, Suite 800

Telephone: 310-914-5007

Email: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Frank R. Cruz

2121 Avenue of the Stars, Suite 800

Telephone: 310-914-5007

Email: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com

Market Opportunity
Sidekick Logo
Sidekick Price(K)
$0.0046
$0.0046$0.0046
-4.08%
USD
Sidekick (K) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Bitcoin and Ethereum ETFs See $232M in Outflows as Traders De‑Risk Ahead of Christmas

Bitcoin and Ethereum ETFs See $232M in Outflows as Traders De‑Risk Ahead of Christmas

U.S. spot Bitcoin and Ethereum ETFs recorded combined net outflows of approximately $232 million on Wednesday, as traders trimmed exposure ahead of the Christmas holiday and year‑end liquidity slowdown.
Share
MEXC NEWS2025/12/26 16:51
MICA Rules Come into Effect! Another European Country Issues a Very Strong Warning to Crypto Exchanges! Here Are the Details

MICA Rules Come into Effect! Another European Country Issues a Very Strong Warning to Crypto Exchanges! Here Are the Details

The post MICA Rules Come into Effect! Another European Country Issues a Very Strong Warning to Crypto Exchanges! Here Are the Details appeared on BitcoinEthereumNews
Share
BitcoinEthereumNews2025/12/26 15:25
Ethereum Hits Losing Streak: How Massive Liquidations Impact ETH Price

Ethereum Hits Losing Streak: How Massive Liquidations Impact ETH Price

Ethereum has entered a sharp losing streak, with cascading liquidations and technical weakness fueling volatility across the market. A wave of $1.8 billion in long liquidations on September 23 wiped out more than 370,000 traders, leaving Ethereum (ETH) particularly exposed. This market update is powered by Outset PR, the first data-driven crypto PR agency that equips blockchain projects with precise, effective strategies to boost visibility.  $1.8B Liquidations Trigger ETH Sell-Off The crypto market’s heavy reliance on leverage has once again backfired. ETH futures accounted for over $500 million of the $1.8 billion long liquidation, underscoring Ethereum’s vulnerability to sudden drawdowns. Leverage risk: With the average funding rate at +0.0029%, traders were heavily overexposed. Domino effect: When ETH broke below $4,150, stop-losses and margin calls triggered a cascading sell-off. Open interest: ETH derivatives open interest surged 19% in 24h, showing volatility was amplified by excessive speculation. The high-leverage environment created a fragile setup where a single breakdown sparked a chain reaction of forced selling. Technical Weakness Adds Pressure ETH also faces mounting technical headwinds after failing to hold critical levels. Pivot breakdown: ETH slipped below its 24h pivot point at $4,250. Resistance: The 38.2% Fibonacci retracement at $4,624 now serves as resistance. Beyond that, MACD histogram at -33.17 signals clear bearish momentum, while the RSI at 40.46 is weak but not oversold, leaving room for further downside. Price targets: Short-term traders are eyeing $4,092 (September 23 low) as the next support.Long-term structure remains intact as long as ETH holds above the 200-day EMA ($3,403), suggesting investors aren’t panic-selling yet. PR with C-Level Clarity: Outset PR’s Proprietary Techniques Deliver Tangible Results  If PR has ever felt like trying to navigate a foggy road without headlights, Outset PR brings clarity with data. It builds strategies based on both retrospective and real-time metrics, which helps to obtain results with a long-lasting effect.  Outset PR replaces vague promises with concrete plans tied to perfect publication timing, narratives that emphasize the product-market fit, and performance-based media selection. Clients gain a forward-looking perspective: how their story will unfold, where it will land, and what impact it may create.  While most crypto PR agencies rely on standardized packages and mass-blast outreach, Outset PR takes a tailored approach. Each campaign is calibrated to match the client’s specific goals, budget, and growth stage. This is PR with a personal touch, where strategy feels handcrafted and every client gets a solution that fits. Outset PR’s secret weapon is its exclusive traffic acquisition tech and internal media analytics.  Proprietary Tech That Powers Performance One of Outset PR’s most impactful tools is its in-house user acquisition system. It fuses organic editorial placements with SEO and lead-generation tactics, enabling clients to appear in high-discovery surfaces and drive multiples more traffic than through conventional PR alone. Case in point: Crypto exchange ChangeNOW experienced a sustained 40% boost in reach after Outset PR amplified a well-polished organic coverage with a massive Google Discover campaign, powered by its proprietary content distribution engine.   Drive More Traffic with Outset PR’s In-house Tech Outset PR Notices Media Trends Ahead of the Crowd Outset PR obtains unique knowledge through its in-house analytical desk which gives it a competitive edge. The team regularly provides valuable insights into the performance of crypto media outlets based on the criteria like: domain activity month-on-month visibility shifts audience geography source of traffic By consistently publishing analytical reports, identifying performance trends, and raising the standards of media targeting across the industry, Outset PR unlocks a previously untapped niche in crypto PR, which poses it as a trendsetter in this field.  Case in point: The careful selection of media outlets has helped Outset PR increase user engagement for Step App in the US and UK markets. Outset PR Engineers Visibility That Fits the Market One of the biggest pain points in Web3 PR is the disconnect between effort and outcome: generic messaging, no product-market alignment, and media hits that generate visibility but leave business impact undefined. Outset PR addresses this by offering customized solutions. Every campaign begins with a thorough research and follows a clearly mapped path from spend to the result. It's data-backed and insight-driven with just the right level of boutique care. Outlook Ethereum’s latest slump highlights the double-edged sword of leverage. Excessive positioning fueled sharp liquidations, while technical weakness reinforced the bearish momentum. Yet, with the 200-day EMA still holding firm, long-term holders remain calm for now. This analysis was brought to you by Outset PR, the first data-driven crypto PR agency. Just as Ethereum’s market path hinges on reclaiming key levels, Outset PR helps projects reclaim visibility and momentum with strategies grounded in data and measurable results. You can find more information about Outset PR here: Website: outsetpr.io Telegram: t.me/outsetpr  X: x.com/OutsetPR    Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Share
Coinstats2025/09/23 23:29