Goldman Sachs Led $920M Navan IPO That Allegedly Cost Investors 63%: Levi & Korsinsky, LLP

NEW YORK, March 09, 2026 (GLOBE NEWSWIRE) -- Goldman Sachs & Co. LLC sold over 12.9 million shares of Navan, Inc. (NASDAQ:NAVN) common stock to investors in the Company's October 2025 IPO at $25 per share. Those shares have since lost nearly 63% of their value. Levi & Korsinsky, LLP notifies investors that a securities class action has been filed against Goldman Sachs and other defendants. Find out if you qualify to recover your IPO losses or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or (212) 363-7500.Shares purchased at the $25 IPO price traded as low as $9.20 per share by the time the action was commenced. The lead plaintiff deadline is April 24, 2026.Goldman Sachs's Role in the Navan OfferingThe complaint identifies Goldman Sachs as the lead underwriter and representative of all underwriters for the Navan IPO, which ...Full story available on Benzinga.com