Navient Corp. Courtesy photo
U.S. District Judge Robert Kugler said Navient failed to demonstrate that the complaint lacks the requisite elements of material falsity, scienter and loss causation.
December 30, 2019 at 05:29 PM
1 minute read
A federal judge in Camden, New Jersey, has denied a motion by student loan servicer Navient Corp. to dismiss a shareholder suit.
U.S. District Judge Robert Kugler of the District of New Jersey said Navient failed to demonstrate that the complaint lacks the requisite elements of material falsity, scienter and loss causation.
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