{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-011791","form_type":"8-K","ticker":"NAVI","cik":"0001593538","company_name":"NAVIENT CORP","filed_at":"2024-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.695613+00:00","generated_at":"2026-05-31T05:14:03.152476+00:00","sec_items":["8.01","9.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Navient agrees to pay $120M to settle CFPB lawsuit over student loan practices","bullets":["$20 million penalty plus $100 million borrower redress to be determined by CFPB.","Company barred from re-entering federal student loan servicing or acquiring FFELP loans.","Navient says restrictions won't affect outsourcing plans or strategic actions announced Jan. 2024.","Had previously accrued $105 million contingency loss as of June 30, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-011791","json":"https://secwatch.observer/filing/0001654954-24-011791.json","markdown":"https://secwatch.observer/filing/0001654954-24-011791.md","text":"https://secwatch.observer/filing/0001654954-24-011791.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593538/000165495424011791/0001654954-24-011791-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593538/000165495424011791/navi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:14:03.152476+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}