SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Discover Financial Services of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 31, 2023 - (NYSE: DFS)

NEW YORK, Oct. 31, 2023

Shareholders who purchased shares of DFS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/discover-loss-submission-form/?id=53539&from=4

CLASS PERIOD: February 21, 2019 to August 14, 2023

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) DFS maintained deficient risk management and compliance procedures; (ii) as a result of the foregoing deficiencies, the Company had, inter alia, failed to comply with applicable student loan servicing standards, misclassified certain credit card accounts, overcharged customers, and failed to stem its ballooning credit card delinquency rate; (iii) the foregoing issues, when they became known, would subject DFS to significant financial exposure, regulatory scrutiny, and reputational harm; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

DEADLINE: October 31, 2023 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/discover-loss-submission-form/?id=53539&from=4