Navient and SLM Corp., the parent company of Sallie Mae, were hit with a consumer class action Tuesday in New Jersey District Court. The suit, brought by Beasley Allen Crow Methvin Portis & Miles and Golomb Spirt Grunfeld, accuses the defendants of failing to apply a 0.25% interest rate discount to student loans. Counsel have not yet appeared for the defendants. The case is 2:22-cv-07254, Zommer v. Navient Corporation et al.
Banking & Financial Services
December 13, 2022, 3:49 PM