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DFS.US
id: 168, Created by Stan Vick Chase, Scout

Discover Financial Services

On July 20, 2022, Discover Financial Services issued a Q2 2022 financial results press release announcing that it is suspending 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."
On this news, Discover Financial Services share prices fell by 8.9% to close at $100.00 per share on July 21, 2022
Alleged Offence
Mismanagement
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Malpractice
Negligence
Omissions
Suspected Party
Directors
Management
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
20 July 2022
Collecting participants…
Created by Stan Vick Chase, Scout

Discover Financial Services

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Pa...

    Ticker
    DFS.US
    ISIN
    US2547091080
    CIK
    1393612
    Sector
    Financial Services
    Industry
    Credit Services
    Country
    USA
    Address
    2500 Lake Cook Road, Riverwoods, IL, United States, 60015