Robbins Arroyo LLP Is Investigating the Officers and Directors of Navient Corporation (NAVI) on Behalf of Shareholders

SAN DIEGO & WILMINGTON, Del.--()--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Navient Corporation (NasdaqGS: NAVI) breached their fiduciary duties to shareholders by engaging in improper lending practices. Navient provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the United States.

View this press release on the firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/navient-corporation-october-2017

Navient Accused of Engaging in Predatory Loan Practices

Navient, which has been the focus of multiple lawsuits this past year, is now the subject of another federal lawsuit. The complaint, filed by Pennsylvania Attorney General Josh Shapiro, alleges that Navient officials peddled risky and expensive subprime loans that they knew were likely to default and failed to perform core servicing duties while servicing student loans. Students borrowed from Navient under the assumption that Navient's loans and packages were designed to help students get the most out of their financial aid. Instead, Navient's loan practices featured payment plans that postponed bills and allowed interest to accumulate, ultimately leaving borrowers struggling with higher payments or defaulting entirely.

Navient Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contacts

Robbins Arroyo LLP
Leonid Kandinov
LKandinov@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com

Release Summary

Do you own shares of Navient Corporation? Robbins Arroyo LLP is investigating claims on behalf of shareholders of Navient.

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Contacts

Robbins Arroyo LLP
Leonid Kandinov
LKandinov@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com