Financial services

2022-08-04 | NYSE:DFS | Press release

Radnor, Pa.–(Newsfile Corp. – Aug. 4, 2022) – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of federal securities laws on behalf of investors at Discover Financial Services (NYSE: DFS) (“Discover Financial”).

On July 20, 2022, Discover Financial issued a press release announcing its financial results for the second quarter of 2022 which revealed that the company was suspending its existing share buyback program. The company disclosed that the suspension was related to an internal investigation into its student loan management practices and related compliance issues. At this news, Discover Financial’s stock price fell sharply during intraday trading on July 21, 2022.

CLICK HERE to complete our online form if you are a Discover Financial investor or contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or by email at info@ktmc.com.

You can also click on the following link or paste it into your browser: https://www.ktmc.com/discover-financial-services-investigation?utm_source=PR&utm_medium=link&utm_campaign=discover&mktm=r

Kessler Topaz Meltzer & Check, LLP is filing class actions in state and federal courts nationwide relating to securities fraud, breaches of fiduciary duty and other violations of state and federal laws. Kessler Topaz Meltzer & Check, LLP is a driving force in corporate governance reform and has raised billions of dollars on behalf of institutional and individual investors across the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP

James Maro, Jr., Esq.

280 King of Prussia Road

Radnor, PA 19087

(484) 270-1453

info@ktmc.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132739