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Violation Tracker Individual Record

Company: Navient Corp. and Navient Solutions, LLC
Current Parent CompanyNavient
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $3,590,988
Year: 2022
Date: May 16, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Navient agreed to cancel $3,590,988 debt to resolve several allegations that Navient violated the New Hampshire Consumer Protection Act by selling unsuitable loans to students and failing to provide adequate repayment services for students in hardship.
Level of Government: state
Action Type: agency action
Agency: New Hampshire Attorney General
Civil or Criminal Case: civil
Facility State: New Hampshire
HQ Country of Current Parent: USA
HQ State of Current Parent: Delaware
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.