Scott+Scott Attorneys at Law LLP recently filed a securities class action and has launched an urgent investigation into whether the corporate travel expense management company Navan, Inc. (NASDAQ: NAVN) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. Attorney Mandeep S. Minhas is heading the investigation — what shareholders need to know:
- On October 30, 2025, Navan conducted its initial public offering, selling approximately 36.9 million shares at $25.00 per share.
- If you own Navan common stock and have recently suffered financial losses, join our investigation on behalf of investors by filling out the form below.
- On December 15, 2025, Navan released its third quarter fiscal 2026 financial results, revealing “GAAP loss from operations was ($79 million), compared to a loss from operations of ($19 million)” in the same period last year. The Company further revealed “GAAP operating margin was (41%), compared to (13%)” for the same period last year. The Company also announced that its Chief Financial Officer was stepping down just six weeks after the IPO.
- Following this news, Navan’s stock price fell $1.74, or 11.9%, to close at $12.90 per share on December 16, 2025.
LEAD PLAINTIFF DEADLINE ON APRIL 24, 2026
- If you wish to apply to be lead plaintiff, a motion on your behalf must be filed with the U.S. District Court for the Northern District of California no later than April 24, 2026. The lead plaintiff is a court-appointed representative for absent class members of the Class. You do not need to seek appointment as lead plaintiff to share in any Class recovery in the Class Action. If you are a Class member and there is a recovery for the Class, you can share in that recovery as an absent Class member.
- If you wish to apply to be lead plaintiff, please contact attorney Mandeep S. Minhas at (888) 398-9312 or at [email protected].
About this investigation – FAQ:
Q1: What is this ongoing investigation into Navan, Inc. about?
A: According to our investigation, owners of Navan common stock have been impacted by a December 16, 2025, stock drop of 11.9% or $12.90 per share, potentially resulting in significant losses for investors. Scott+Scott has a decades-long track record in recovering investors’ assets achieving exceptional monetary results.
Q2: How can this Scott+Scott investigation assist in recovering my assets?
A: Joining our investigation is easy and at no cost for you. By filling out the form below, we will keep you informed about latest developments in our investigation and when lawsuits are being filed. If you own Navan stock and and suffered financial losses, we look forward to hearing from you.