Scholly and Path Founder Files Whistleblower Lawsuit Against Sallie Mae, Alleging the Company Is Using a Shell Company to Sell Millions of Students' Data [Yahoo! Finance]
SLM Corporation (SLM)
Last slm corporation earnings: 4/22 04:30 pm
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Source: Yahoo! Finance
WILMINGTON, Del. April 29, 2026 /PRNewswire/ -- Christopher Gray, founder of scholarship-matching platform Scholly and current CEO of AI test-prep platform Path , has filed a whistleblower and data-privacy lawsuit against SLM Corporation (NASDAQ: SLM), the parent company of Sallie Mae Bank, and its non-bank subsidiary SLM Education Services, LLC, in Delaware Superior Court. The complaint alleges that Sallie Mae built a deliberate corporate structure to sell the personal data of millions of students, including minors, while evading the federal privacy law that would otherwise prohibit it. Two SLM websites comparison At the heart of the complaint is a two-entity structure. Salliemae.com is operated by Sallie Mae Bank, a federally regulated, FDIC-insured bank covered by the Gramm-Leach-Bliley Act (GLBA), which prohibits banks from selling nonpublic personal financial information. Sallie.com website is almost identical, holds the same branding, including logo and brand colors, but is
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News
- Scholly and Path Founder Files Whistleblower Lawsuit Against Sallie Mae, Alleging the Company Is Using a Shell Company to Sell Millions of Students' Data [TheStreet.com]TheStreet.com
- Scholly and Path Founder Files Whistleblower Lawsuit Against Sallie Mae, Alleging the Company Is Using a Shell Company to Sell Millions of Students' DataPR Newswire
- SLM (SLM) was upgraded by Zacks Research from "hold" to "strong-buy".MarketBeat
- Bronstein, Gewirtz & Grossman, LLC Encourages SLM Corporation a/k/a Sallie Mae (SLM) Stockholders to Inquire about Securities InvestigationACCESS Newswire
- SLM : Cheap Valuation Meets Rising Credit Risk [Seeking Alpha]Seeking Alpha
SLM
Earnings
- 4/23/26 - Beat
SLM
Sec Filings
- 4/29/26 - Form SCHEDULE
- 4/27/26 - Form 8-K
- 4/27/26 - Form ARS
- SLM's page on the SEC website