1:17cv8373 • October 16, 2017
Class Period Start
January 17, 2017
Class Period End
November 19, 2018
PSLRA Deadline
December 15, 2017
Case Allegations
10b5
Statutes of Repose
Jan 17, 2020
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
March 22, 2022
Settlement Fund
$7,500,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased/acquired between January 18, 2017 and November 20, 2018.
Claim Administrator
A.B. Data, Ltd.
Navient Securities Litigation
c/o A.B. Data, Ltd.
P.O. Box 173037
Milwaukee, WI 53217
+1 877-311-3722
[email protected]
Settlement Website
http://www.2017navientsecuritieslitigation.com/Hearing Date
April 12, 2022
Opt-out Deadline
March 15, 2022
Settlement Note
Download hereProof Of Claim
Download here
Mar 13, 2023
The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.
Apr 14, 2022
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Dec 6, 2021
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
Nov 22, 2021
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Nov 16, 2021
Mar 11, 2021
The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).
Feb 11, 2021
Feb 10, 2021
Nov 17, 2020
Nov 17, 2020
Sep 11, 2020
Aug 21, 2020
Motion for Class Certification
The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.
Mar 23, 2020
Feb 11, 2020
Jan 14, 2020
Dec 30, 2019
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Apr 29, 2019
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Mar 29, 2019
Mar 18, 2019
A new complaint has been filed on behalf of certain investors in NAVIENT CORP. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Mar 11, 2019
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Jun 4, 2018
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Apr 3, 2018
A new complaint has been filed on behalf of certain investors in NAVIENT CORP. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Feb 2, 2018
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Oct 16, 2017
A securities fraud class action complaint has been filed on behalf of certain investors in NAVIENT CORP.
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