ROSEN, A GLOBALLY RECOGNIZED FIRM, Continues to Investigate Securities Claims Against Navient Corporation - NAVI
Rosen Law Firm is investigating potential securities claims against Navient Corporation (NASDAQ: NAVI) following allegations of misleading business practices. The New Jersey Attorney General filed a lawsuit on October 20, 2020, alleging that Navient engaged in deceptive conduct when servicing student loans for New Jersey consumers. This news caused Navient's stock to drop over 7%, closing at $9.18 on October 21, 2020. Rosen Law Firm is preparing a class action lawsuit to recover losses for investors who purchased shares of Navient.
- Preparation of a class action lawsuit may lead to potential recoveries for investors.
- Allegations of deceptive practices could further damage Navient's reputation.
- Stock price fell over 7% following the announcement of the lawsuit.
NEW YORK, Oct. 24, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Navient Corporation (NASDAQ: NAVI) resulting from allegations that Navient may have issued materially misleading business information to the investing public.
On October 20, 2020, the Attorney General of New Jersey filed a lawsuit against Navient. 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."
On this news, Navient's stock price fell over
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Navient's investors. If you purchased shares of Navient, please visit the firm's website at http://www.rosenlegal.com/cases-register-1972.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
FAQ
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