Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Navient (NASDAQ: NAVI), a debt collection company specializing in student loans, concerning possible breaches of fiduciary duty in connection with the charging of excessive fees to borrowers. Navient has disclosed that its subsidiary, Navient Solutions, Inc. received a formal notification that the Consumer Financial Protection Bureau intends to initiate an enforcement action based on continued violations of consumer protection laws.
Shareholders interested in seeking to recover damages on behalf of NAVI and to implement corporate governance measures designed to prevent future misconduct should contact the firm.
If you hold NAVI shares and you would like to discuss your legal rights, please email the firm at info@hkh-lawfirm.com. You can also contact us by calling Michael J. Hynes at (610) 994-0292 or by sending an e-mail to mhynes@hkh-lawfirm.com.