Federal Judge Allows Late-Fees Suit Against Sallie Mae To Proceed

Federal Judge Allows Late-Fees Suit Against Sallie Mae To Proceed

SAN FRANCISCO - A federal magistrate judge in Florida on Aug. 5 found that SLM Corp. (Sallie Mae) and other defendants have not established that the choice-of-law provisions in promissory notes bar claims at the pleading stage of a putative class action alleging that Sallie Mae's late fees violate California's consumer protection law, allowing the case to continue (Tina M. Ubaldi, et al. v. SLM Corporation, et al., No. 11-1320, N.D. Calif.; 2013 U.S. Dist. LEXIS 109877).

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