Jackson v Discover Financial Services, Inc. Frequently Asked …
WEBDiscover will pay $1,000,000 to cover the costs of Settlement including: (1) cash awards to Settlement Class Members who submit a valid and timely Claim Form; (2) an award of attorneys’ fees to Class Counsel not to exceed 36% of the Settlement Fund (less notice and administration costs) and Class Counsel’s out-of-pocket expenses of up to ...
Discover Financial enters settlement to resolve misclassification suit
WEBDiscover Financial Services (NYSE:DFS) entered a settlement to resolve a class-action lawsuit accusing it of overcharging merchants, according to a recent filing with the U.S. Securities and...
Discover Financial Proposes $1.2 Billion Settlement Over …
WEBJul 4, 2024 · CHICAGO — Discover Financial Services is reportedly in the process of settling a class-action lawsuit that accuses the firm of excessively charging merchants. This action was publicly disclosed through a filing with the Securities and Exchange Commission on Wednesday, detailing that as of March 31, 2024, Discover has allocated $1.2 billion ...
Discover to settle card misclassification class actions for $1.2B
WEBJul 8, 2024 · Dive Brief: Discover is set to pay $1.2 billion to settle class-action lawsuit claims related to a card misclassification issue disclosed last year, Discover said in a regulatory filing last week. Claims were filed on behalf of merchants and merchant acquirers affected by the misclassification.
Jackson v. Discover Financial Services, Inc.
WEBJun 7, 2023 · If you received artificial or prerecorded voice calls from Discover between August 25, 2017, and February 7, 2023, regarding a credit card account that did not belong to you, you may be entitled to benefits under a class action Settlement.
Discover Offers $1.2 Billion to Settle Merchant Overcharges
WEBJul 4, 2024 · Discover Financial Services wants to settle a lawsuit accusing it of overcharging merchants. The lender revealed the proposed settlement in the class-action case in a Wednesday (July 3)...
Discover Financial in Settlement to Resolve Card Product ...
WEBD iscover Financial Services said it, along with certain subsidiaries, entered a settlement agreement to resolve class actions filed by merchants allegedly affected by a card product...
Discover Financial (DFS) Resolves Merchant Lawsuit Amid Merger
WEBJul 5, 2024 · Discover Financial Services DFS recently announced a crucial agreement to settle a longstanding class-action lawsuit alleging overcharging of merchants due to card account misclassification.
Discover settles lawsuits tied to credit card misclassifications ...
WEBJul 3, 2024 · Discover Financial Services has reached a settlement in class-action lawsuits filed by merchants claiming they were affected by credit card misclassifications, according to a regulatory...
Jackson v. Discover Financial Services, Inc. Documents
WEBImportant Jackson v. Discover Financial Services, Inc. documents. Please read for a full explanation of the Settlement and your options and all applicable timelines.