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Shares of Palantir (PLTR) rose nearly 4% in recent trading, helping the defense-technology company recover some of its recent losses amid investor concerns about competition from Anthropic. The stock received additional attention after President Donald Trump posted on social media on Friday that Palantir “has proven to have great war…
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana Charles C. Foti, Jr., announced that they are notifying investors in Navan, Inc. (“Navan” or the “Company”) (NasdaqGS: NAVN) of a class action securities lawsuit.
The lawsuit seeks to recover losses on behalf of investors who purchased Navan shares pursuant to and/or traceable to the Registration Statement and Prospectus (together, the “Offering Documents”) issued in connection with Navan’s October 2025 initial public offering (the “IPO”).
According to the Complaint, Navan and certain of its executives are accused of failing to disclose material information in the Offering Documents, in alleged violation of federal securities laws.
The alleged false and misleading statements and omissions include, among other matters, that the Company had increased its “sales and marketing” expenses for the quarter ending October 31, 2025 to nearly $95 million—an increase of 39% compared with $68.5 million in sales and marketing expenses for the quarter ending July 31, 2025.
The lawsuit claims that after the true details entered the market, Navan’s shares fell sharply.
The case is identified as McCown v. Navan, Inc., Case No. 26-cv-01550.
Investors who purchased Navan shares and suffered losses during the relevant time frame have until April 24, 2026 to request that the Court appoint them as lead plaintiff. The announcement states that participation in any potential recovery does not require serving as a lead plaintiff.
KSF Managing Partner Lewis Kahn can be reached toll-free at 1-877-515-1850 or by email at lewis.kahn@ksfcounsel.com. Additional information is available at https://www.ksfcounsel.com/cases/nasdaqgs-navn/.
KSF is a boutique securities litigation law firm with partners including former Louisiana Attorney General Charles C. Foti, Jr. The firm states that it was ranked by SCAS among the top 10 firms nationally based on total settlement value. KSF represents public and private institutional investors and retail investors seeking recoveries for investment losses related to alleged corporate fraud or malfeasance by publicly traded companies. The firm has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
To learn more about KSF, visit www.ksfcounsel.com.
Contact: Lewis Kahn, Managing Partner, lewis.kahn@ksfcounsel.com, 1-877-515-1850, 1100 Poydras St., Suite 960, New Orleans, LA 70163.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
