An investigation on behalf of investors in SLM Corporation (NASDAQ:SLM) shares over potential wrongdoing at SLM Corporation was announced.
San Diego, CA -- (SBWIRE) -- 01/06/2021 -- An investigation on behalf of investors in shares of SLM Corporation (NASDAQ: SLM) was announced over potential breaches of fiduciary duties by certain officers and directors at SLM Corporation.
Investors who purchased shares of SLM Corporation (NASDAQ: SLM) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain SLM Corp directors breached their fiduciary duties and caused damage to the company and its shareholders.
Newark, DE based SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. SLM Corporation reported that its annual Total Revenue rose from over $1.36 billion in 2018 to over $1.67 billion in 2019, and that its normalized Net Income increased from $487.47 million in 2018 to $578.27 million in 2019.
Shares of SLM Corporation (NASDAQ: SLM) closed on January 5, 2021, at $12.41 per share.
Those who purchased shares of SLM Corporation (NASDAQ: SLM), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.