NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of Navient Corporation (NASDAQ: NAVI) resulting from allegations that Navient may have issued materially misleading business information to the investing public.
On October 5, 2017, Pennsylvania Attorney General filed a lawsuit against Navient Corporation, and its subsidiary Navient Solutions, LLC for engaging in practices that harmed borrowers, including marketing predatory loans, increasing its misleading subprime lending, and steering student borrowers into payment plans that postponed bills, allowing interest to accumulate, rather than helping them enroll in income-driven repayment plans. On this news, shares of Navient fell sharply during intraday trading on October 5, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Navient investors. If you purchased shares of Navient on or before October 4, 2017, please visit the firm’s website at http://rosenlegal.com/cases-1215.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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