In re SLM Corporation Securities Litigation

Jonathan Levine, as one of the Lead Counsel, represented a certified nationwide class of investors of SLM Corporation (“Sallie Mae”) in litigation alleging that Sallie Mae, the leading provider of student loans in the U.S., misled the public about its financial performance in order to inflate the company’s stock price.  The case resulted in a settlement that established a $35 million fund to resolve investors’ claims.