Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Synchrony Financial. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Synchrony Financial (“Synchrony” or “the Company”) (NYSE: SYF). Investors who purchased Synchrony securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Synchrony has violated federal securities laws.
Investigation Details
On January 28, 2025, Synchrony announced its financial results for Q4 2024 and revealed that it missed its earnings for the quarter, pointing to weaker-than-expected net interest income. Additionally, the Company’s provision for credit card losses was higher than estimates, and its net charge-off rate rose as well. Following this news, Synchrony stock dropped.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Synchrony securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
SYF — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”