Discover Financial (DFS) resolves class action litigation related to overcharging merchants by setting aside $1.2 billion amid a pending merger.
(Bloomberg) -- Discover Financial Services, the credit-card firm that agreed to be acquired by Capital One Financial Corp., said it reached an agreement to resolve class-action litigation for overcharging merchants.Most Read from BloombergBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsHouse Democrats Consider Demanding Biden Withdraw From RaceChina Can End Russia’s War in Ukraine With One Phone Call, Finland S
RIVERWOODS, Ill., June 27, 2024--Discover Financial Services (NYSE: DFS) plans to report its Second quarter 2024 results after the market closes on Wednesday, July 17, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com.