Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Navient Corporation Stockholders

Kirby McInerney LLP is investigating potential claims against the Board of Directors of Navient Corporation (“Navient” or the “Company”) (NASDAQ:NAVI) for possible breaches of fiduciary duty and other violations of federal securities law.

On July 13, 2015 the Company announced a substantial cut to its prior financial guidance for the remainder of its 2015 annual performance. The Company now expects second-quarter core earnings of $0.40 per share, and full-year 2015 core earnings of $1.85 per share. Regarding its cut in 2015 guidance, the Company stated in relevant part, “the company has removed from 2015 guidance additional private loan acquisitions. The company also has reduced its forecast for net interest income as a result of increased cost of funds. As a result, for the second half of 2015, the net interest margin is projected to range between 3.83 percent and 3.85 percent for private education loans and between 0.81 percent and 0.85 percent for FFELP loans.” Jack Remondi, Navient CEO further stated, “the changes to our guidance reflect marketplace conditions for private loan portfolio purchases and cost of funds, as well as a conservative assessment of default trends for a small and declining segment of our private education loan portfolio.” On this news, the price of Navient shares plummeted over 10% in intra-day trading on July 14, 2015 on very heavy volume.

If you are a Navient stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at [e-mail], or telephone at [phone], or toll free at [phone], or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

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Kirby McInerney LLPJ. Brandon Walker, Esq.[phone], or toll free at (888) [e-mail]