AFL-CIO Flags Possible Insider Trading In Navient For SEC

By Jon Hill (October 10, 2017, 6:53 PM EDT) -- The AFL-CIO on Tuesday urged the U.S. Securities and Exchange Commission to look into possible insider trading in shares of Navient Corp., pointing to three large blocks of the student loan servicer's stock that were purchased ahead of news that the U.S. Department of Education had ended information-sharing agreements with the Consumer Financial Protection Bureau.

The labor union organization told the SEC in a letter that hundreds of thousands of Navient shares were purchased in late trading on Aug. 31, the day the Department of Education sent a letter to the CFPB informing the agency of its decision to end the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!