An investigation for investors in Discover Financial Services (NYSE:DFS) shares over potential securities laws violations by Discover Financial Services was announced.
San Diego, CA -- (SBWIRE) -- 01/20/2022 -- Discover Financial Services is under investigation concerning possible securities laws violations in connection with certain financial statements.
Investors who purchased shares of Discover Financial Services (NYSE: DFS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Discover Financial Services regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Riverwoods, IL based Discover Financial Services, through its subsidiaries, operates as a digital banking and payment services company in the United States.
Discover Financial Services reported that its annual Total Revenue declined from over $11.45 billion in 2019 to over $11.08 billion in 2020, and that its Net Income decreased from over $2.95 billion in 2019 to over $1.14 billion in 2020.
Shares of Discover Financial Services (NYSE: DFS) declined from $133.40 per share on October 20, 2021, to as low as $106.00 per share on December 1, 2021.
Those who purchased shares of Discover Financial Services (NYSE: DFS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.