Press release
Investigation for NASDAQ: NAVI Long-Term Investors over possible Wrongdoing at Navient Corporation announced
An investigation on behalf of investors in Navient Corporation (NASDAQ: NAVI) shares over potential wrongdoing at Navient Corp.
Investors who purchased shares of Navient Corporation (NASDAQ: NAVI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Navient Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.
Wilmington, DE based Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States.
On October 20, 2020, the Attorney General of New Jersey filed a lawsuit against Navient Corporation. That same day, in a press release issued by the Office of the Attorney General announcing the lawsuit, the suit was summarized as "alleging the student loan servicer engaged in unconscionable commercial practices, deceptive conduct, and misrepresentations when servicing thousands of New Jersey consumers’ student loans."
Shares of Navient Corporation (NASDAQ: NAVI) declined on October 22, 2020 to $9.09 per share.
Those who purchased shares of Navient Corporation (NASDAQ: NAVI) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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