PHILADELPHIA, Sept. 10, 2023 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Discover Financial Services (NYSE:DFS) ("Discover") on behalf of investors who purchased shares of the company's common stock between February 21, 2019 and August 14, 2023, inclusive.
On July 19, 2023, Discover disclosed that it had misclassified some of its credit cards into higher pricing tiers, and that it was discussing the matter with regulators and warned it could face future regulatory actions. Following this news, shares of the company's stock declined $19.40 per share, or 16% in value, to close on July 20, 2023 ...
DFS) and Encourages Long-Term Investors to Contact the Firm>Full story available on Benzinga.com