Pennsylvania State Attorney General Josh Shapiro has filed a lawsuit against the student loan company Navient — both Navient Corporation and Navient Solutions, LLC, writes Stephanie Panny for the Daily Collegian.
The company also has three other pending lawsuits against it from Attorneys General in Illinois, Washington and the Consumer Protection Financial Bureau — just in 2017.
The lawsuit is suing Navient for $1,000 for each violation of the Consumer Protection Law, including “enhanced” civil penalties of $3,000 for each violation involving victims 60-years-old or over. The Commonwealth is also asking for $1 million — third-tier civil penalties — for “each day during which such violation continues.”
Although Navient is based in Delaware, the company has an office with approximately 1,000 employed in Wilkes-Barre, Pennsylvania. This, according to the jurisdiction section of the document, is what gives Shapiro the power to sue as the state’s attorney general.
According to his lawsuit, Navient “engaged in practices that have harmed countless student loan borrowers.”
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