NEW YORK, March 18, 2016 -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Navient Corporation securities (NASDAQ:NAVI) from May 9, 2014 through February 5, 2016, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Navient investors under the federal securities laws.
To join the Navient class action, go to the firm’s website at http://rosenlegal.com/cases-836.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) Navient’s loan servicing practices were not in compliance with applicable federal regulations; (2) Navient’s non-compliance with federal regulations could subject Navient and its subsidiaries to restitution, civil monetary penalties, and corrective actions; (3) as a result, defendants’ statements about Navient’ business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 11, 2016. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to the firm’s website at http://rosenlegal.com/cases-836.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. Kevin Chan, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 34th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] [email protected] [email protected] www.rosenlegal.com


Indonesia and Toyota Explore $300M Bioethanol Investment to Boost Renewable Energy Goals
John Ternus Signals Apple’s Future with Product-First AI Strategy
Eli Lilly in Talks to Acquire Kelonia Therapeutics for Over $2 Billion
Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus
Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic
China Food Delivery Stocks Dip as Regulators Crack Down on “Ghost Deliveries”
Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank
Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO
Ethiopian Airlines Expands Fleet with New Boeing 787 Dreamliner Order to Boost Global Routes
Apple Wins ITC Ruling, Keeping Blood-Oxygen Feature on Apple Watch
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows
OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push
Anthropic CEO Meets Trump Officials to Discuss Powerful New AI Model Mythos
Want to cut your energy bills? Here’s how five experts are doing it
Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe
NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed 



