Law 360

NOVEMBER 17, 2021

Student loan servicer Navient Corp. million combined to settle two securities class actions alleging the company misled investors about its practice of steering borrowers into costly forbearances and other purported misconduct, according to motions seeking preliminary approval of the deals in Delaware and New Jersey federal courts.

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Law 360

JULY 17, 2023

A California federal judge has reduced a jury award to a former fintech executive who was found to have been wrongfully terminated by Navient Corp. after it bought his company, saying the ex-executive is entitled to $350,000 in performance incentives as opposed to the $1.4 million that the jury awarded him.

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Law 360

MARCH 17, 2022

A team of attorneys from Bernstein Litowitz Berger & Grossmann LLP will receive 20% of a $35 million settlement reached between a class of investors and student loan servicer Navient Corp. over claims that the company misled investors, plus $2.9 million in litigation expenses.

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