NEW YORK--(BUSINESS WIRE)-- Bragar Eagel & Squire, P.C. is investigating potential claims against Navient Corporation (NASDAQ: NAVI). Our investigation concerns whether Navient has violated the federal securities laws and/or engaged in other unlawful business practices.
On Thursday October 4, 2017, the Pennsylvania Attorney General's office filed a lawsuit alleging that Navient deceived student loan borrowers to boost profit. According to Pennsylvania Attorney General, Josh Shapiro, "The scheme costs billions of dollars that's been taken out of the pockets of students."
Following this news, shares of Navient fell $2.10, or over 14%, to close at $12.60 on October 5, 2017.
If you purchased or otherwise acquired Navient securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Navient Corporation please go to http://www.bespc.com/NAVI. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
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Source: Bragar Eagel & Squire, P.C.