NEW YORK, April 27, 2015 /PRNewswire/ -- Bernstein
Liebhard LLP is investigating whether the Board of Directors of
Navient Corporation ("Navient" or the "Company") (NASDAQ: NAVI)
breached their fiduciary duties to shareholders by violating
governmental regulations relating to student loans.
Navient is the nation's largest servicer of student loans.
The Company is currently under investigation by financial
regulators and prosecutors across the country. The Consumer
Financial Protection Bureau, the federal agency charged with
protecting borrowers from unscrupulous lenders, has multiple probes
into Navient's debt-collection and loan-servicing practices.
The U.S. Department of Education is investigating Department
of Justice allegations that the Company intentionally cheated
active-duty troops on their federal student loans. State
prosecutors and federal regulators met in mid-February in
Chicago to discuss their
investigation into the Company, according to news sources.
If you are interested in discussing your rights as a Navient
shareholder and/or have information relating to the matter, please
contact Joseph R. Seidman, Jr. at
(877) 779-1414 or seidman@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities,
consumer and shareholder rights cases and recovered over
$3 billion for its clients. The
National Law Journal has recognized Bernstein Liebhard for
twelve consecutive years as one of the top plaintiffs' firms in the
country.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2015 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for this
advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
Contact Information
Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
seidman@bernlieb.com
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