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Discover Could Pay $200M In Card 'Misclassification' Fines

By Jon Hill (July 31, 2024, 10:11 PM EDT) -- Discover Financial Services told investors on Wednesday that it could face $200 million in potential regulatory penalties over its past "misclassification" of certain credit card accounts, an issue that's also led to class action litigation and other scrutiny for the card giant....

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