Discover Financial

Ally Financial names Michael Rhodes as CEO

Retrieved on:

Wednesday, March 27, 2024

Bank of America, Discover Card, Merchant services, Toronto-Dominion Bank, Telephone, University, Trustee, Duke University, Bank, Artificial intelligence, MBNA, Do It Right, Ally Financial, Head, Shared services, Discover Financial, Espresso, Engineering, Management

CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that Michael G. Rhodes will be its new Chief Executive Officer, starting at the company on April 29, 2024. He will also be appointed as a member of Ally's board of directors at that time.

Key Points:

With more than two decades of experience in consumer banking, Rhodes poised to lead Ally into the next stage of its evolution
CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that Michael G. Rhodes will be its new Chief Executive Officer, starting at the company on April 29, 2024.
"After an exhaustive search process, the Board has chosen Michael to lead Ally into the next stage of its evolution.
Rhodes most recently served as CEO of Discover Financial Services and was a member of the company's board of directors.
Doug Timmerman, Ally's President of Dealer Financial Services, has been serving as interim CEO since Brown's departure.

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates HRT, DFS, COF, KNTE

Retrieved on:

Saturday, February 24, 2024

Capital One, Fraud, Discover Financial, Sale, General Atlantic, Advertising, Capital, HireRight, Security (finance)

If you are a HireRight shareholder, click here to learn more about your rights and options .

Key Points:

If you are a HireRight shareholder, click here to learn more about your rights and options .
Discover Financial Services (NYSE: DFS)’s sale to Capital One Financial Corporation for 1.0192 Capital One shares for each Discover share.
If you are a Discover shareholder, click here to learn more about your rights and options .
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues Investigating the Merger – KAMN, ERF, DFS, KNTE

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Friday, February 23, 2024

KNTE, Financial services, Empire, Capital One, KAMN, Investment management, Discover Financial, Sale, DFS, ERF, Security (finance)

NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

Key Points:

NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.
Under the terms of the agreement, KAMN shareholders are expected to receive $46.00 in cash per share they own.
Enerplus Corp. (NYSE: ERF ), relating to its proposed merger with Chord Energy Corp.
Before you hire a law firm, you should talk to a lawyer and ask:
Do you recover money for shareholders?

Kuehn Law Encourages VZIO, DOOR, COF, and FREE Investors to Contact Law Firm

Retrieved on:

Tuesday, February 20, 2024

VIZIO, Capital One, Owens Corning, Advertising, Capital, Human, PLLC, Discover Financial, Walmart, Security (finance)

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.

Key Points:

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.
Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.
Concerned shareholders are encouraged to contact Justin Kuehn, Esq., at [email protected] or call (833) 672-0814.
Kuehn Law covers all case costs and does not charge its investor clients.

DFS Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Discover Financial Services With Capital One

Retrieved on:

Tuesday, February 20, 2024

Seeking Alpha, Capital, Discover Financial, DFS, Publishing, Capital One, Wohl

MONSEY, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Discover Financial Services (NYSE: DFS) (“Discover”) with Capital One (“Capital One”) in an all-stock transaction.

Key Points:

MONSEY, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Discover Financial Services (NYSE: DFS) (“Discover”) with Capital One (“Capital One”) in an all-stock transaction.
Under the terms of the deal, each Discover shareholder will receive 1.0192 shares of Capital One, which values Discover at nearly $140.00 per share based on Capital One’s closing price on February 16, 2024.
On February 19, 2024, Discover announced that it had agreed to merge with Capital One in an all-stock transaction.
“We are investigating whether the Discover Board of Directors acted in the best interests of Discover shareholders in approving the merger,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

Green Dot Appoints Melissa Douros as Chief Product Officer

Retrieved on:

Wednesday, March 6, 2024

Banking, Fintech, Professional Services, Finance, Growth, Melissa, Discover Financial, GDOT, Green Dot Corporation, As a service, Great Wolf Resorts, E*TRADE, 3D printing

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Melissa Douros as Chief Product Officer.

Key Points:

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Melissa Douros as Chief Product Officer.
Douros will lead Green Dot’s product design and development team with a focus on building simple, seamless and useful tools for Green Dot’s customers and growing list of world-class banking-as-a-service (BaaS) and embedded finance partners.
“Melissa is a visionary product leader with deep experience in digital transformation strategy that will be instrumental in driving Green Dot forward as we continue building our platform to best serve the financial needs of businesses and consumers,” said George Gresham, Chief Executive Officer, Green Dot Corporation.
“The financial products and solutions Green Dot is building are shaping the way people interact with their money and elevate the financial experience for both businesses and consumers,” said Douros.

DISCOVER FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Discover Financial Services - DFS

Retrieved on:

Wednesday, February 21, 2024

Class Action Lawsuit, Professional Services, Legal, KSF, Capital One, Discover Financial, DFS, Sale

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation (NYSE: COF).

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation (NYSE: COF).
Under the terms of the proposed transaction, shareholders of Discover will receive 1.0192 shares of Capital One for each share of Discover that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

COF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Capital One Financial Corporation Is Fair to Shareholders

Retrieved on:

Tuesday, February 20, 2024

Class Action Lawsuit, Professional Services, Legal, Advertising, Capital One, Capital, Fraud, Discover Financial, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Capital One Financial Corporation (NYSE: COF) and Discover Financial Services is fair to Capital One shareholders.

Key Points:

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Capital One Financial Corporation (NYSE: COF) and Discover Financial Services is fair to Capital One shareholders.
Under the terms of the proposed transaction, Discover shareholders would receive 1.0192 Capital One shares for each Discover share.
Upon closing of the proposed transaction, Capital One shareholders would own approximately 60% of the combined company.
On behalf of Capital One shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

DFS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Discover Financial Services Is Fair to Shareholders

Retrieved on:

Tuesday, February 20, 2024

Class Action Lawsuit, Professional Services, Legal, Advertising, Fraud, Discover Financial, DFS, Sale, Capital One, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation for 1.0192 Capital One shares for each Discover share is fair to Discover shareholders.

Key Points:

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation for 1.0192 Capital One shares for each Discover share is fair to Discover shareholders.
Upon closing of the proposed transaction, Discover shareholders will own approximately 40% of the combined company.
On behalf of Discover shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Weekly Recap: 11 Press Releases You Might Have Missed

Retrieved on:

Friday, February 23, 2024

NEW YORK, Feb. 23, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

Key Points:

NEW YORK, Feb. 23, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
Click on the press release headlines to access accompanying multimedia assets that are available for download.
These are just a few of the recent press releases that consumers and the media should know about.