Press release
Deadline on October 31st coming up in Lawsuit for Investors in shares of Discover Financial Services (NYSE: DFS)
A Deadline is coming up on October 31, 2023 in the lawsuit for certain investors in Discover Financial Services (NYSE: DFS).
Investors who purchased shares of Discover Financial Services (NYSE: DFS)
have certain options and there are strict and short deadlines running. Deadline: October 31, 2023. NYSE: DFS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges on behalf of purchasers of Discover Financial Services (NYSE: DFS) common shares between February 21, 2019 and August 14, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 21, 2019 and August 14, 2023, the Defendants made false and/or misleading statements and/or failed to disclose that Discover Financial Services maintained deficient risk management and compliance procedures, that as a result of the foregoing deficiencies, the Company had, inter alia, failed to comply with applicable student loan servicing standards, misclassified certain credit card accounts, overcharged customers, and failed to stem its ballooning credit card delinquency rate, that the foregoing issues, when they became known, would subject Discover Financial Services to significant financial exposure, regulatory scrutiny, and reputational harm, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Discover Financial Services (NYSE: DFS) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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