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DEADLINE ALERT for DFS, PATH, TNDM, and LESL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Grand News Network | October 24, 2023

LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com.

Discover Financial Services (NYSE:DFS)
Class Period: February 21, 2019 – August 14, 2023
Lead Plaintiff Deadline: October 31, 2023

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) DFS maintained deficient risk management and compliance procedures; (2) 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; (3) the foregoing issues, when they became known, would subject DFS to significant financial exposure, regulatory scrutiny, and reputational harm; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you are a Discover shareholder who suffered a loss, click here to participate.

UiPath Inc. (NYSE:PATH)
Class Period: April 21, 2021 – March 20, 2022
Lead Plaintiff Deadline: November 6, 2023

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that UiPath had enacted a widespread discounting ...

Full story available on Benzinga.com


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