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POPE v. NAVIENT CORPORATION et al
Case Number:
1:17-cv-08373
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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November 17, 2021
Navient To Pay $42.5M To End Investor Suits In Del., NJ
Student loan servicer Navient Corp. will pay $42.5 million combined to settle two securities class actions alleging the company misled investors about its practice of steering borrowers into costly forbearances and other purported misconduct, according to motions seeking preliminary approval of the deals in Delaware and New Jersey federal courts.
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March 11, 2021
Navient Investors Win Certification In Student Loan Fraud Suit
A New Jersey federal judge on Thursday certified a class of Navient investors accusing the student loan company of lying about an alleged scheme that steered borrowers into costly forbearance programs, granting an unopposed motion for certification and appointing Levi & Korsinsky LLP as class counsel.