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Published February 5, 2018
On February 2, 2018, United States District Court Judge Robert B. Kugler appointed Levi & Korsinsky, LLP to serve as Lead Counsel in the class action lawsuit against Navient Corporation entitled In re Navient Corporation, 1:17-cv-08373-RBK-AMD (D.N.J.). The class action alleges that Navient issued materially false and misleading statements and/or failed to disclose that Navient had engaged in deceptive practices to facilitate the origination of subprime loans and steer student borrowers into payment plans that postponed bills.