NAVIENT SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Clas...
November 24 2017 - 10:50PM
Business Wire
ClaimsFiler, a FREE shareholder information service, reminds
investors that they have until December 15, 2017 to file
lead plaintiff applications in a securities class action lawsuit
against Navient Corporation (NasdaqGS: NAVI), if they purchased the
Company’s securities between February 25, 2016 through October 4,
2017, inclusive (the “Class Period”). This action is pending in the
United States District Court for the District of New Jersey.
Get Help
Navient investors should visit us at
https://www.claimsfiler.com/cases/view-navient-corporation-securities-litigation-1
or call to speak to our claim center toll-free at (844)
367-9658.
About the Lawsuit
Navient and certain of its executives are charged with failing
to disclose material information during the Class Period, violating
federal securities laws.
On October 5, 2017, the Pennsylvania Attorney General announced
a lawsuit against Navient for unfair and deceptive lending
practices associated with the origination of subprime loans to high
risk borrowers as well as guiding borrowers to payment postponement
plans (thereby allowing loan interest to accumulate), rather than
promoting income-based repayment plans.
On this news, the price of Navient’s shares plummeted $2.10 per
share, or over 14%, from its previous closing price to close at
$12.60 per share.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler’s
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171124005010/en/
ClaimsFilerJerry Gallo,
844-367-9658https://www.claimsfiler.com
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