The shares of Doral Financial Corp. (NYSE:DRL) rose up to 27.60% after winning a tax refund claim against the Puerto Rico’s Department of Treasury. The treasury department would be liable to refund $229 million over the next five years. Doral Financial Corp witnessed an elevated trading session with nearly 1,624,350 shares exchanged during the day’s…
Doral Financial Corp. (DRL) Continues Push for $230 Million Puerto Rico Tax Refund
Doral Financial Corp. (NYSE:DRL), the second largest mortgage company in Puerto Rico, through its lawyer, is continuing with its aggressive push for overpaid taxes amounting to $230 million. There was an earlier agreement between Puerto Rico treasury department and Doral Financial Corp. (NYSE:DRL) for the refund to be effected, but the government turned back to…