{"id":94516,"date":"2023-03-02T05:19:17","date_gmt":"2023-03-02T05:19:17","guid":{"rendered":"http:\/\/lebanonnewsgazette.com\/?guid=eb90eba68b167736f0852ea662871bd1"},"modified":"2023-03-02T05:19:17","modified_gmt":"2023-03-02T05:19:17","slug":"rosen-a-top-ranked-law-firm-encourages-discover-financial-services-investors-with-losses-to-inquire-about-securities-class-action-investigation-dfs","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/rosen-a-top-ranked-law-firm-encourages-discover-financial-services-investors-with-losses-to-inquire-about-securities-class-action-investigation-dfs\/","title":{"rendered":"ROSEN, A TOP RANKED LAW FIRM, Encourages Discover Financial Services Investors with Losses to Inquire About Securities Class Action Investigation \u2013 DFS"},"content":{"rendered":"
\n

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) —
\n<\/strong><\/p>\n

WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Discover Financial Services (NYSE: DFS) resulting from allegations that Discover Financial Services may have issued materially misleading business information to the investing public.<\/p>\n

SO WHAT:<\/strong> If you purchased Discover Financial Services securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the prospective class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=7773<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

WHAT IS THIS ABOUT:<\/strong> On July 20, 2022, after trading hours, Discover Financial Services issued a press release announcing its financial results for its second quarter of 2022. Among other items, Discover Financial Services disclosed that \u201c[t]he company is suspending until further notice its existing share repurchase program because of an internal investigation relating to its student loan servicing practices and related compliance matters. The investigation is ongoing and is being conducted by a board-appointed independent special committee.\u201d<\/p>\n

On this news, Discover Financial Services\u2019 share prices fell $9.80 per share, or 8%, to close at $100.00 per share on July 21, 2022, on unusually heavy trading volume.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 8779682<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Discover Financial Services (NYSE: DFS) resulting from allegations that Discover Financial Services may have issued materially misleading business information to the investing public. SO WHAT: If [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2584,17,53,343],"tags":[],"yoast_head":"\nROSEN, A TOP RANKED LAW FIRM, Encourages Discover Financial Services Investors with Losses to Inquire About Securities Class Action Investigation \u2013 DFS - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/rosen-a-top-ranked-law-firm-encourages-discover-financial-services-investors-with-losses-to-inquire-about-securities-class-action-investigation-dfs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, A TOP RANKED LAW FIRM, Encourages Discover Financial Services Investors with Losses to Inquire About Securities Class Action Investigation \u2013 DFS - Lebanon News Gazette\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Discover Financial Services (NYSE: DFS) resulting from allegations that Discover Financial Services may have issued materially misleading business information to the investing public. 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