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I worked 13 years for Sallie Mae and have a 401K plan that has lost money due to their poor management.

Submitted 2008-04-23

Defendant: Sallie Mae (ERISA / stock fraud)

My 401K lost thousands of dollars. I have 4,200 shares of SLM stock that are now worthless as they are well under the grant price. Since I was laid off, I have no opportunity to hold onto them in hopes the stock rebounds.

-- Indiana

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