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Navient Corporation (NAVI)

NASDAQ:NAVI

Summary

Faruqi & Faruqi, LLP is Investigating Navient Corporation (NAVI) on Behalf of its Shareholders

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential misconduct at Navient Corporation (“Navient” or the “Company”) (NASDAQ:NAVI).

The investigation focuses on whether the Company’s Board of Directors and/or its officers committed mismanagement and breached their fiduciary duties in connection with the Company’s loan servicing practices. On January 18, 2017, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against Navient alleging that the Company “failed to perform its core duties in the servicing of student loans, violating Federal consumer financial laws as well as the trust that borrowers placed in [Navient].”  According to an article by The Wall Street Journal (“WSJ”), the CFPB “alleged that the company harmed consumers by providing inaccurate information, failing to process payments properly and not responding to borrower complaints.  Navient also ‘illegally cheated’ borrowers out of their rights to lower repayments, helping push customers into default.”  

Take Action

If you currently own Navient stock and would like to discuss your legal rights, please fill out the form below.  You can also contact us by calling Nina Varindani toll free at (212) 983-9330 or by sending an e-mail to nvarindani@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding Navient’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information on how to join the Action.

  • Company:
    Navient Corporation (NAVI)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

Nina Varindani
Christine Goodrich
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 01/23/2017

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.