-

NAVIENT STOCK ALERT: Nationally Recognized Investor Rights Litigation Firm Labaton Sucharow Announces Investigation of Navient Corporation (NASDAQ: NAVI) Concerning Deceptive Conduct

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, a global investor rights law firm, announces an investigation on behalf of purchasers of the securities of Navient (NASDAQ: NAVI) and encourages stock, option, and derivative purchasers to contact the firm.

The New Jersey Attorney General Gurbir Grewal sued Navient Corporation (NAVI) on October 21, alleging the student loan servicing giant deployed “deceptive, misleading” tactics to boost its profits.

The lawsuit, filed in the Superior Court in Essex County, argues that Navient is “engaged in unconscionable commercial practices, deceptive conduct, and misrepresentations when servicing thousands of New Jersey consumers’ student loans.” The lawsuit also states that Navient has violated New Jersey consumer protection laws.

On this news, Navient stock is down over 5% on substantial volume.

If you are a current stockholder, derivative, or options holder of Navient and wish to learn more or discuss the issues surrounding the investigation, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at dschwartz@labaton.com.

About the Firm

Labaton Sucharow LLP is one of the world’s leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at http://www.labaton.com.

Contacts

David J. Schwartz
(800) 321-0476
dschwartz@labaton.com

Industry:

Labaton Sucharow LLP

NASDAQ:NAVI
Release Versions
English

Contacts

David J. Schwartz
(800) 321-0476
dschwartz@labaton.com

More News From Labaton Sucharow LLP

Labaton Keller Sucharow LLP Pursues Claims Against Snap Inc. for Negative Effects on Adolescent Mental Health

NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton” or the “Firm”), a premier plaintiff’s law firm, is pursuing individual arbitration claims against Snap Inc., the company behind the social media app Snapchat, on behalf of individuals who suffered mental or physical harm as a result of using the app during childhood or adolescence. Snapchat is a social media app where users can send disappearing photos and videos. The Firm is representing eligible individuals in arbitration claim...

Labaton Keller Sucharow LLP Files Securities Class Action Against Primoris Services Corporation

NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) has filed a securities class action lawsuit (the “Action”) on behalf of its clients Boston Retirement System (“Boston”) and NS Pension Public Equity Fund (“NS Pension”) against Primoris Services Corporation (“Primoris” or the “Company”) (NYSE: PRIM) and certain Primoris officers and directors (collectively, “Defendants”). The Action, which is captioned Boston Retirement System v. Primoris Services Corp., No. 26-cv-02416-B (N.D. T...

Labaton Keller Sucharow LLP Launches Corporate Accountability & Governance Task Force

NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP is pleased to announce the launch of its new Corporate Accountability & Governance Task Force, designed to help institutional investors advance corporate accountability while pursuing meaningful shareholder recoveries. Created in response to the increasing needs of our clients, the Task Force will provide clients with strategic advice on opportunities to drive positive corporate change through securities and shareholder litigation. This...
Back to Newsroom