Hagens Berman Encourages DFS Investors with Substantial Losses to Contact its Attorneys
SAN FRANCISCO, Oct. 16, 2023 (GLOBE NEWSWIRE) – Hagens Berman urges Discover Financial Services (NYSE: DFS) investors who suffered substantial losses to submit your losses now.
Class Period: Feb. 21, 2019 – Aug. 14, 2023
Lead Plaintiff Deadline: Oct. 31, 2023
Hagens Berman, a national investor rights law firm, is investigating Discover Financial Services (NYSE: DFS) for possible violations of federal securities laws.
The investigation focuses on whether Discover Financial and certain of its officers and/or directors made false or misleading statements or failed to disclose that, Discover Financial faced increasing risks of regulatory investigations and enforcement actions due to ineffective risk management, inadequate internal control systems, and a material weakness in its financial reporting related to its historical credit loss forecasts.
If you purchased shares of Discover Financial during the Class Period and suffered substantial losses, email or submit your information now. For more information, visit our website at www.hbsslaw.com/investor-fraud/DFS.
“Discover Financial (DFS) faces securities fraud lawsuit after risk management failures” – Hagens…
How will this affect me?
If you are an investor who has suffered substantial losses due to Discover Financial Services’ alleged securities fraud, you may be eligible to participate in a potential class action lawsuit. By contacting Hagens Berman’s attorneys, you can seek to recover damages for your losses and hold the company accountable for its actions.
How will this affect the world?
Securities fraud lawsuits such as the one facing Discover Financial Services can have a broader impact on the financial market and the world at large. They highlight the importance of proper risk management and transparency in the corporate world, and can lead to increased scrutiny and regulation to prevent similar incidents in the future.
Conclusion:
With Hagens Berman investigating Discover Financial Services for securities fraud, investors who suffered losses during the Class Period are encouraged to take action and seek potential legal recourse. This case serves as a reminder of the importance of transparency and effective risk management in the financial industry, and may have far-reaching implications for both investors and the broader market.
