NAVIENT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Navient Corporation – NAVI

NEW ORLEANS–(BUSINESS WIRE)–$NAVI #NAVI–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a
partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces
that KSF has commenced an investigation into Navient Corporation
(NasdaqGS: NAVI).

Throughout 2017 and 2018, the Company was named as a defendant in
several civil lawsuits filed by the U.S. Consumer Financial Protection
Bureau and Attorneys General from Illinois, Pennsylvania, Washington,
California and Mississippi for violations of state and federal consumer
protection laws, based on allegations of widespread acts of misconduct
detrimental to borrowers of the loans it services. On October 16, 2017,
the Company was sued in a securities class action lawsuit for failing to
disclose material information, violating federal securities laws, which
is ongoing.

Recently, on October 3, 2018, the Company was sued in federal court in a
consumer class action lawsuit for misleading borrowers regarding the
terms and options for their loans in violation of numerous state and
federal laws.

The actions of the Company’s executives have exposed it to the expense
of defending the Company against numerous investigations and lawsuits by
public officials, consumers and shareholders as well as the potential
penalties, fines and other financial losses that could result from them.

KSF’s investigation is focusing on whether Navient’s officers and/or
directors breached their fiduciary duties to Navient’s shareholders or
otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or
have been a long-term holder of Navient shares and would like to discuss
your legal rights, you may, without obligation or cost to you, call
toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com),
or visit https://www.ksfcounsel.com/cases/nasdaqgs-navi/
to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include the Former Louisiana Attorney General
Charles C. Foti, Jr., is a law firm focused on securities, antitrust and
consumer class actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contacts

Kahn Swick & Foti, LLC
Lewis Kahn, 1-877-515-1850
Managing
Partner
lewis.kahn@ksfcounsel.com

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