Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
2
Total Settlement
$42.5M
1:16cv112 • February 26, 2016
Class Period Start
April 17, 2014
Class Period End
November 16, 2021
PSLRA Deadline
April 11, 2016
Case Allegations
10b5
Statutes of Repose
Apr 17, 2017
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
April 13, 2022
Settlement Fund
$35,000,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that (1) purchased or otherwise acquired Navient Corporation’s (“Navient”) common stock or Navient call options, or sold Navient put options, from April 17, 2014 through September 29, 2015, inclusive —and who were damaged thereby;1 and (2) All persons and entities who purchased or otherwise acquired Navient’s 5.000% Senior Notes due 2020, 5.875% Senior Notes due 2024, and 5.875% Senior Notes due 2021from November 6, 2014 through December 28, 2015, inclusive.
Claim Administrator
JND Legal Administration
Navient Securities Litigation
c/o JND Legal Administration
P.O. Box 91402
Seattle, WA 98111
+1 833-358-1847
[email protected]
Settlement Website
https://www.navientsecuritieslitigation.comHearing Date
March 17, 2022
Opt-out Deadline
December 31, 1969
Settlement Note
Download hereProof Of Claim
Download hereMar 1, 2023
Disbursement Approved
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.
Mar 17, 2022
Final Approval of Settlement
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 14, 2021
Proof of Claim Form
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.
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 hereMar 13, 2023
Disbursement Approved
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
Final Approval of Settlement
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
Proof of Claim Form
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.
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