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Stock impact report

NAVN ALERT: Navan, Inc. Sued for Securities Fraud; Investors Encouraged to Contact Block & Leviton to Learn More

Navan, Inc. - Class A (NAVN) 
Company Research Source: GlobeNewswire
BOSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Block & Leviton announces that a securities fraud lawsuit has been filed against Navan, Inc. (Nasdaq: NAVN) and certain of its executives. Investors who have lost money in their Navan investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/navn. What is this all about? The lawsuit alleges that the Company’s October 31, 2025, IPO offering materials did not adequately disclose that, at the time of the Offering, Navan had sharply increased sales and marketing spending and was facing slowing revenue trends, which were necessary to sustain its reported growth metrics. Navan sold approximately 36.9 million shares at $25 per share in the IPO. On December 15, 2025, the company disclosed a substantial sequential increase in sales and marketing expenses and announced the departure of its Chief Financial Officer, and the stock declined the following trading day Show less Read more
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