TNDM - Bragar Eagel & Squire P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against DFS UiPath and Tandem and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Discover Financial Services (NYSE:DFS), UiPath, Inc. (NYSE:PATH), and Tandem Diabetes Care, Inc. (NASDAQ:TNDM). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Discover Financial Services (NYSE:DFS)
Class Period: February 21, 2019 - August 14, 2023 (Common Stock Only)
Lead Plaintiff Deadline: October 30, 2023
According to the complaint, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) DFS maintained deficient risk management and compliance procedures; (ii) 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; (iii) the foregoing issues, when they became known, would subject DFS to significant financial exposure, regulatory scrutiny, and reputational harm; and (iv) as a result, the Company's public statements were ...