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If approved by the court, the agreement will settle a 2017 lawsuit, in which the U.S. Consumer Financial Protection Bureau (CFPB) accused Navient of misleading student loan borrowers and not ...
The lawsuit filed by Pennsylvania in 2017 included other examples. One student who enrolled in a master’s degree program did not complete the degree and struggled to repay the loan, it said.
In 2022, Navient offered relief or restitution to select borrowers following a lawsuit by 39 state attorneys general. Eligible borrowers were notified by email in 2022 and received relief ...
Navient Corporation is an American student loan servicer based in Wilmington, Delaware.Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
In the United States, the class representative, also called a lead plaintiff, named plaintiff, or representative plaintiff, is the named party in a class-action lawsuit. [66] Although the class representative is named as a party to the litigation, the court must approve the class representative when it certifies the lawsuit as a class action.
Judicial economy#Class action lawsuits; Kaplan, Inc.#Class-action lawsuit; Keele Valley Landfill#Resident class action lawsuit; Kemper Corporation#Class-action lawsuit; Kids for cash scandal#Victim lawsuits; Kweku Hanson#Class action lawsuit against Ocwen Federal FSB; Lead contamination in Washington, D.C. drinking water#Class-action lawsuit
Navient to announce fourth quarter and year-end 2024 results, host earnings webcast Jan. 29 HERNDON, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its 2024 fourth quarter and year-end financial results on Wednesday, Jan. 29, 2025, at 8:00 a.m. Eastern Time.