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Discover settles class actions tied to credit card misclassifications

Jul 3, 2024, 10:18 PM•crainalerts
Discover settles class actions tied to credit card misclassifications

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Wednesday, July 03, 2024
A Discover credit card

Discover settles class actions tied to credit card misclassifications

Although the company did not disclose a price on the settlements, it previously set aside $1.2 billion to cover that tab.
 
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crainalerts newsletter: Pritzker signs police and firefighter pension bill
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crainalerts newsletter: Appraisal Institute, ex-CEO end legal spat
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crainalerts newsletter: Physical therapy giant goes private
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crainalerts newsletter: Silver Cross faces federal lawsuits
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crainalerts newsletter: Penny Pritzker's Harvard role is under pressure
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