Law Offices of Howard G. Smith continues its investigation on behalf of Discover Financial Services (“Discover” or the “Company”) (NYSE: DFS) investors concerning the Company’s possible violations of federal securities laws.
On July 20, 2022, Discover announced that, due to an internal investigation into compliance practices at its student loan servicing business, the Company was suspending its share buyback program.
On this news, Discover’s stock fell $9.80, or 8.9%, to close at $100 per share on July 21, 2022, thereby injuring investors.
If you purchased Discover securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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Law Offices of Howard G. Smith
Howard G. Smith, Esquire