{"id":403227,"date":"2020-12-18T22:53:25","date_gmt":"2020-12-19T03:53:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403227"},"modified":"2020-12-18T22:53:25","modified_gmt":"2020-12-19T03:53:25","slug":"navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\/","title":{"rendered":"NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL:  Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation &#8211; NAVI"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW ORLEANS<\/span>, <span class=\"xn-chron\">Dec. 18, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Former Attorney General of <span class=\"xn-location\">Louisiana<\/span>, <span class=\"xn-person\">Charles C. Foti, Jr., Esq.<\/span>, a partner at the law firm of Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;), announces that KSF has commenced an investigation into Navient Corporation (NasdaqGS: NAVI). <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.jpg\" title=\"Kahn Swick &amp; Foti, LLC (&quot;KSF&quot;) - - not all law firms are created equal.  Visit www.ksfcounsel.com to learn more about KSF. (PRNewsfoto\/Kahn Swick &amp; Foti, LLC)\" alt=\"Kahn Swick &amp; Foti, LLC (&quot;KSF&quot;) - - not all law firms are created equal.  Visit www.ksfcounsel.com to learn more about KSF. (PRNewsfoto\/Kahn Swick &amp; Foti, LLC)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Throughout 2017 and 2018, Navient was sued in several civil lawsuits filed by the U.S. Consumer Financial Protection Bureau (&#8220;CFPB&#8221;) and Attorneys General from <span class=\"xn-location\">Illinois<\/span>, <span class=\"xn-location\">Pennsylvania<\/span>, <span class=\"xn-location\">Washington<\/span>, <span class=\"xn-location\">California<\/span> and <span class=\"xn-location\">Mississippi<\/span> 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. <\/p>\n<p>Recently, in <span class=\"xn-chron\">October 2020<\/span>, the <span class=\"xn-location\">New Jersey<\/span> Attorney General also filed suit against the Company for violation of <span class=\"xn-location\">New Jersey<\/span> consumer protection laws, alleging that it is &#8220;engaged in unconscionable commercial practices, deceptive conduct, and misrepresentations when servicing thousands of <span class=\"xn-location\">New Jersey<\/span> consumers&#8217; student loans.&#8221;<\/p>\n<p>The Company has also been sued in securities class action lawsuits for failing to disclose material information, violating federal securities laws, which are ongoing.\u00a0 <\/p>\n<p>The actions of the Company&#8217;s executives have exposed it to potential penalties, fines and other financial losses from the numerous investigations and lawsuits by public officials, consumers and shareholders.<\/p>\n<p>KSF&#8217;s investigation is focusing on whether Navient&#8217;s officers and\/or directors breached their fiduciary duties to Navient&#8217;s shareholders or otherwise violated state or federal laws.\u00a0 <\/p>\n<p>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 (<a href=\"mailto:lewis.kahn@ksfcounsel.com\" rel=\"nofollow\">lewis.kahn@ksfcounsel.com<\/a>), or visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3018730-1&amp;h=180787303&amp;u=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnasdaqgs-navi%2F&amp;a=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnasdaqgs-navi%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-navi\/<\/a> to learn more.<\/p>\n<p>About Kahn Swick &amp; Foti, LLC<\/p>\n<p>KSF, whose partners include Former Louisiana Attorney General <span class=\"xn-person\">Charles C. Foti, Jr.<\/span>, is a law firm focused on securities, antitrust and consumer class actions, along with merger &amp; acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">California<\/span> and <span class=\"xn-location\">Louisiana<\/span>.<\/p>\n<p>To learn more about KSF, you may visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3018730-1&amp;h=3335946184&amp;u=http%3A%2F%2Fwww.ksfcounsel.com%2F&amp;a=www.ksfcounsel.com\" rel=\"nofollow noopener noreferrer\">www.ksfcounsel.com<\/a>.<\/p>\n<p>Contact:<br \/>Kahn Swick &amp; Foti, LLC<br \/><span class=\"xn-person\">Lewis Kahn<\/span>, Managing Partner<br \/><u><a target=\"_blank\" href=\"mailto:lewis.kahn@ksfcounsel.com\" rel=\"nofollow noopener noreferrer\">lewis.kahn@ksfcounsel.com<\/a><br \/><\/u>1-877-515-1850<br \/>206 Covington St.<br \/><span class=\"xn-location\">Madisonville, LA<\/span> 70447<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA29864&amp;sd=2020-12-18\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/navient-investigation-update-by-former-louisiana-attorney-general--kahn-swick--foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation--navi-301196289.html\">http:\/\/www.prnewswire.com\/news-releases\/navient-investigation-update-by-former-louisiana-attorney-general&#8211;kahn-swick&#8211;foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation&#8211;navi-301196289.html<\/a><\/p>\n<p>SOURCE  Kahn Swick &amp; Foti, LLC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA29864&amp;Transmission_Id=202012182250PR_NEWS_USPR_____DA29864&amp;DateId=20201218\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW ORLEANS, Dec. 18, 2020 \/PRNewswire\/ &#8212;\u00a0Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;), announces that KSF has commenced an investigation into Navient Corporation (NasdaqGS: NAVI). Throughout 2017 and 2018, Navient was sued in several civil lawsuits filed by the U.S. Consumer Financial Protection Bureau (&#8220;CFPB&#8221;) 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. Recently, in October 2020, the New Jersey Attorney General also filed suit against the Company for violation of New Jersey consumer protection &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL:  Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation &#8211; NAVI&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-403227","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation - NAVI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation - NAVI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW ORLEANS, Dec. 18, 2020 \/PRNewswire\/ &#8212;\u00a0Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;), announces that KSF has commenced an investigation into Navient Corporation (NasdaqGS: NAVI). Throughout 2017 and 2018, Navient was sued in several civil lawsuits filed by the U.S. Consumer Financial Protection Bureau (&#8220;CFPB&#8221;) 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. Recently, in October 2020, the New Jersey Attorney General also filed suit against the Company for violation of New Jersey consumer protection &hellip; Continue reading &quot;NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation &#8211; NAVI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-19T03:53:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; 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Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (&#8220;KSF&#8221;), announces that KSF has commenced an investigation into Navient Corporation (NasdaqGS: NAVI). Throughout 2017 and 2018, Navient was sued in several civil lawsuits filed by the U.S. Consumer Financial Protection Bureau (&#8220;CFPB&#8221;) 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. Recently, in October 2020, the New Jersey Attorney General also filed suit against the Company for violation of New Jersey consumer protection &hellip; Continue reading \"NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation &#8211; NAVI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-19T03:53:25+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/navient-investigation-update-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-navient-corporation-navi-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick &amp; 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