Capital One Finance has agreed to pay $425 million over claims it misled consumers about a high-yield savings program. A court on Monday preliminarily approved a settlement for restitution payments, ...
Capital One is settling a class action lawsuit brought against the bank holding company for allegedly freezing its savings account rates for several years, effectively barring customers from bagging ...
Capital One was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of cheating depositors with its flagship “high interest” savings accounts out of millions of dollars ...
New York Attorney General Letitia James commended a new settlement requiring Capital One Financial (COF) to provide $425M in restitution and better interest rates for its 360 Savings customers, she ...
Capital One has agreed to pay $425 million to settle a claim that it misled millions of customers who signed up for a high-yield savings account — only to discover that it offered less interest than ...
For many of the Capital One Consumers, this serves as a final warning to claim their settlements. After this, they might lose the opportunity to obtain their share of the $425 million settlement.
The wait may have been worth it for Capital One 360 Savings depositors anticipating a settlement check from the bank. Millions of current and former Capital One customers are in line to get larger ...