SLM Corporation's shares fell sharply after the company announced it paused most third-party debt recovery activities due to rising net charge-offs, which reached $90.4 million in Q3 2026. The firm also raised its full-year net charge-off forecast to $400-$420 million, up $35 million from prior guidance. Investor law firm Levi & Korsinsky is investigating potential securities violations related to SLM's disclosures. Shareholders who suffered losses may be eligible for legal action as the company adjusts its credit loss approach amid financial challenges.
SLM Corporation investigation notice provides context for readers interested in financial sector trends. For readers following financial stocks, here is Pluang's market snapshot as of Oct 24, 2026 06:51 WIB: Of 142 priced Financials-sector US stocks tradable on Pluang, 37 rose and 105 fell today. Notable movers include FIGR at USD 23.07 with a 1-day change of -4.03%, CRBG at USD 34.17 down 3.99%, and UNM at USD 90.02 down 3.98%.
Remittix has raised $33 million and will burn 300 million RTX tokens, reducing supply by 20% ahead of public trading starting November 24, 2026. This token burn and near-cap funding boost scarcity and investor interest. Meanwhile, the XRP Ledger's No...
XTransfer, a leading global B2B cross-border payment platform, made its first appearance at Money20/20 USA 2026 in Las Vegas to accelerate its expansion into Latin American markets. The company recently completed regulatory registration in Chile, ena...
Kelvin Veras Real Estate completed 16 real estate transactions in its first year operating in New Jersey, including sales, purchases, rentals, and landlord services. This milestone highlights the company's successful market entry and diverse client s...
The documentary 'NURSE: Empathy Heals' premiered on October 21 in Nashville, showcasing personal stories of nurses and the critical role of empathy in healthcare. It highlights the emotional challenges nurses face, especially during crises like the C...
Oxford Square Capital Corp. announced it will hold a conference call on October 30, 2026, at 9:00 AM Eastern time to discuss its third quarter 2026 earnings. Investors can join the call via a toll-free number, and a recorded replay will be available ...
