BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Synchrony Financial (“Synchrony” or the “Company”) (NYSE: SYF) investors concerning the Company and its officers’ possible violations of federal securities laws.
Synchrony is a private label credit card company. On November 1, 2018, Walmart sued Synchrony accusing the Company of improper underwriting in connection with the Walmart/Synchrony credit card program. On this news, Synchrony’s share price fell $3.01, or 10%, to close at $26.43 on November 2, 2018, thereby injuring investors.
If you purchased Synchrony securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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