Seeking Alpha

Discover Financial Services (DFS) says it's reached an agreement with the FDIC and CFPB to...

Discover Financial Services (DFS) says it's reached an agreement with the FDIC and CFPB to resolve it's investigation into the marketing of certain credit protection products sold by telephone. The agreement requires DFS  to refund approximately $200M to cardholders who purchased the products by telephone from December 2007 to August 2011 and calls for enhancements to it's marketing practices. The company will pay an additional $14M in civil monetary penalties to be split between the FDIC and the CFPB.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector