AFL-CIO wants SEC to probe trading in shares of loan servicer Navient [Reuters]
Navient Corporation (NAVI)
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Source: Reuters
AFL-CIO wants SEC to probe trading in shares of loan servicer Navient | Reuters 3 Min Read WASHINGTON, Oct 10 (Reuters) - The AFL-CIO, a federation of labor unions, on Tuesday called on the U.S. Securities and Exchange Commission to investigate a few large trades in the stock of student loan servicer Navient Corp that occurred just before a government announcement favorable to the company was made public. In the letter sent to the SEC on Tuesday, a copy of which was seen by Reuters, the AFL-CIO urged a probe into the purchase of shares of Navient made in a series of three trades on the last day of August, hours before a congressional committee disclosed that the U.S. Education Department would no longer share information about the company with the Consumer Financial Protection Bureau, a top regulator which had accused the company of wrongdoing. Heather Slavkin Corzo, director of the labor union’s office of investment, said in the letter that the AFL-CIO did not know who made those tra
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NAVI
News
- Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with 'decades-old predatory private' loans. Here's how. [Business Insider]Business Insider
- U.S. lawmakers find 3.9M student-loan servicer billing errors - report [Seeking Alpha]Seeking Alpha
- Navient to announce first quarter 2024 results, host earnings webcast April 24GlobeNewswire
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- What Black student loan borrowers should know about Biden's new ‘Plan B' for debt relief [Yahoo! Finance]Yahoo! Finance
NAVI
Earnings
- 2/1/24 - Miss
NAVI
Sec Filings
- 4/17/24 - Form DEFR14A
- 4/16/24 - Form 8-K
- 4/11/24 - Form DEFA14A
- NAVI's page on the SEC website