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Judge Certifies Shareholder Class in Sallie Mae Student Lending Case

January 27th, 2012

A federal judge has certified a class of Sallie Mae shareholders in a suit claiming the lender misled investors, rejecting arguments that the lead plaintiff “undermined its credibility and ability to represent the class” by “markedly overstating” its claimed losses.

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Judge Certifies Shareholder Class in Sallie Mae Student Lending Case

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