A nationwide class action lawsuit was filed against SLM Corporation (NYSE: SLM), popularly known as Sallie Mae, over alleged unauthorized autodialer calls to the cell phones of borrowers who took out student loans with the national lender.
The complaint alleges that Sallie Mae has deployed automatic telephone dialing systems to make pre-recorded, non-emergency calls to customers who did not expressly consent to be called on their cell phones in violation of the Telephone Consumer Protection Act ("TCPA")
The class consists of Sallie Mae loan holders who originally entered into a student loan with Sallie Mae prior to 2004, and received a pre-recorded phone call to their cellular phone on or after October 27, 2005, without their prior express consent


